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  • 16 May 2023
  • HBS Case

How KKR Got More by Giving Ownership to the Factory Floor: ‘My Kids Are Going to College!’

company set up financial literacy workshops and tied dividends to ongoing financial performance. What makes an ownership mindset? But the payout seemed far off for many, and previous private equity promises had been cheap. Stavros and... View Details
Keywords: by Avery Forman
  • 10 Oct 2023
  • Research & Ideas

In Empowering Black Voters, Did a Landmark Law Stir White Angst?

majority,” write the authors, who include Andrea Bernini from the University of Oxford as well as Giovanni Facchini and Cecilia Testa, both from the University of Nottingham. County-by-county records compiled The Voting Rights Act outlawed View Details
Keywords: by Rachel Layne
  • 07 Feb 2022
  • Research & Ideas

Digital Transformation: A New Roadmap for Success

companies. While they agreed that leaders urgently needed to expand their knowledge, they didn’t see eye to eye on what digital literacy means. A few argued that leaders should understand data analytics and AI deeply, and even learn to... View Details
Keywords: by Linda A. Hill, Ann Le Cam, Sunand Menon, and Emily Tedards
  • August 2022
  • Case

Rocket Learning: Evidence in Action

By: Brian Trelstad, Tomas Rosales and Malini Sen
Founders of Rocket Learning, an India-based nonprofit which focused on early childhood education (ECE), received an invitation from MIT’s Abdul Latif Jameel Poverty Action Lab (JPAL), a development research organization, to test its intervention for ECE with a... View Details
Keywords: Social Entrepreneurship; Early Childhood Education; Nonprofit Organizations; Literacy; Values and Beliefs; Social and Collaborative Networks; Education Industry; India; Asia
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  • 25 Aug 2003
  • Research & Ideas

Why IT Does Matter

stifling differentiation, provide a stable platform to build on and offer new ways of differentiating, either by cost, structure, product, or service. Just as literacy stimulated innovation, so do open systems and grids. Outsourcing the... View Details
Keywords: by F. Warren McFarlan & Richard L. Nolan
  • 23 Jun 2008
  • Research & Ideas

Innovative Ways to Encourage Personal Savings

consequences and likely future implications of their current decisions. Finally, my colleagues at D2D Fund are very excited about financial education initiatives where we are working with commercial video game developers to embed financial View Details
Keywords: by Martha Lagace; Financial Services
  • 27 Oct 2009
  • First Look

First Look: October 27

literacy stifle demand. A second view argues that demand is rationally low, because formal financial services are expensive and of relatively low value to the poor. This paper uses original surveys and a field experiment to distinguish... View Details
Keywords: Martha Lagace
  • November 2011 (Revised March 2014)
  • Case

Jaipur Literature Festival — Beyond the Festival Template

By: Tarun Khanna, Dennis A. Yao, Hillary Greene and Amrita Chowdhury
Jaipur Literature Festival (JLF), dubbed "the greatest literary show on earth" was an annual event held in late January at the Diggi Palace in Jaipur. JLF provided a platform for international authors and Indian language authors from the subcontinent to engage in a... View Details
Keywords: Literature; Festival; Economic Development; Social Development; Literacy; Development Economics; Social Entrepreneurship; Organizational Structure; Social Issues; India
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  • 2010
  • Book

The American Bourgeoisie: Distinction and Identity in the Nineteenth Century

By: Julia Rosenbaum and Sven Beckert
What precisely constitutes an American bourgeoisie? Scholars have grappled with the question for a long time. Economic positions—the ownership of capital, for instance—most obviously defines this group. Control of resources cannot explain, however, the emergence of... View Details
Keywords: Literacy; Income; Identity; Culture; Economics; United States
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  • 16 Mar 2010
  • First Look

First Look: March 16

twentieth century offers an interesting puzzle. Among the large economies in the Americas, it had the lowest level of literacy in 1890, but by 1940 the country had surpassed most of its peers in terms of View Details
Keywords: Martha Lagace
  • September 2024
  • Article

Investing in the Next Generation: The Long-Run Impacts of a Liquidity Shock

By: Patrick Agte, Arielle Bernhardt, Erica M. Field, Rohini Pande and Natalia Rigol
How do poor entrepreneurs trade off investments in business enterprises versus children's human capital, and how do these choices influence intergenerational socio-economic mobility? To examine this, we exploit experimental variation in household income resulting from... View Details
Keywords: Socio-economic Mobility; Entrepreneurship; Education; Income; Literacy; Poverty
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  • 12 Jul 2017
  • Book

What Jane Austen and Mel Brooks Can Teach Us About Finance

Keywords: by Carmen Nobel
  • 19 May 2003
  • Lessons from the Classroom

Business Plan Winner Targets India Dropouts

learned is the nature of the problem. We, perhaps like many others, had the misconception that cultural factors were the primary inhibitor to literacy development in India. However, it turns out that 85 percent of school-age children... View Details
Keywords: by Carla Tishler; Financial Services
  • 2003
  • Book

The Monied Metropolis: New York City and the Consolidation of the American Bourgeoisie, 1850–1896

By: Sven Beckert
This book, first published in 2001, is a comprehensive history of the most powerful group in the nineteenth-century United States: New York City's economic elite. This small and diverse group of Americans accumulated unprecedented economic, social, and political power,... View Details
Keywords: Literacy; Income; Identity; Culture; Economics; Power and Influence
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  • 23 Dec 2008
  • First Look

First Look: December 23, 2008

  Working PapersIf You Are So Smart, Why Aren't You Rich? The Effects of Education, Financial Literacy and Cognitive Ability on Financial Market Participation Authors:Shawn A. Cole and Gauri Kartini Shastry Abstract Household financial... View Details
Keywords: Martha Lagace
  • 2016
  • Working Paper

Populism and the Return of the 'Paranoid Style': Some Evidence and a Simple Model of Demand for Incompetence as Insurance Against Elite Betrayal

By: Rafael Di Tella and Julio J. Rotemberg
We present a simple model of populism as the rejection of “disloyal” leaders. We show that adding the assumption that people are worse off when they experience low income as a result of leader betrayal (than when it is the result of bad luck) to a simple voter choice... View Details
Keywords: Corruption; Betrayal; Populism; Incompetence; Literacy; Crime and Corruption; Income; Ethics; Political Elections; Race; Residency
Related
  • 24 Oct 2024
  • Research & Ideas

Charting the US-China Trade War: What Does 'Made in Vietnam' Mean?

the region. Moreover, Iyoha notes, with a population of 100 million, a nearly 99 percent literacy rate, and an annual GDP growth rate exceeding 6 percent, Vietnam is poised to become an increasingly important player in the global economy... View Details
Keywords: by Ana Elena Azpúrua; Manufacturing; Shipping
  • 21 Apr 2009
  • First Look

First Look: April 21, 2009

literacy stifle demand. A second view argues that demand is rationally low, because formal financial services are expensive and of relatively low value to the poor. This paper uses original surveys and a field experiment to distinguish... View Details
Keywords: Martha Lagace
  • 13 Oct 2010
  • First Look

First Look: October 13, 2010

micro-determinants are not well understood. We test leading theories of low demand for financial services in emerging markets, combining novel survey evidence from Indonesia and India with a field experiment. We find a strong correlation between financial View Details
Keywords: Sean Silverthorne
  • 12 Jul 2020
  • Book

The Harvard Business School Faculty Summer Reader 2020

a platform of global literacy that generally does not come in our basic educations. Andy Wu To start off the summer, I just finished Edge: Turing Adversity into Advantage by Professor Laura Huang, my HBS colleague, co-author, mentor, and... View Details
Keywords: by Staff

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