Publications

Songyuan (Diane) Ding is a doctoral student in Business Economics. She received her B.A. in Mathematics and Economics from the University of Chicago in 2017. Upon graduation, she worked as a research assistant at the Wharton School of Business. Her current research... View Details

Shlok Goyal

Shlok Goyal is a doctoral student in the Business Economics program. Prior to coming to HBS, he studied economics and statistics-machine learning at Carnegie Mellon University and worked as a research analyst at the Federal Reserve Bank of New York. His main... View Details

2007
Book

A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know

By: David A. Moss

Now more than ever before, executives and managers need to understand their larger economic context. In The Concise Guide to Macroeconomics, David Moss leverages his many years of teaching experience at Harvard Business School to lay out important macroeconomic... View Details

Keywords: Macroeconomics; Money; Investment; Management Analysis, Tools, and Techniques

March 1987
Article

Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations

By: J. Frankel and K. A. Froot

Keywords: Currencies; Exchange Rates; Asset Pricing; International Macroeconomics; Monetary Policy; Currency Controls; Fixed Exchange Rates; Floating Exchange Rates; Currency Bands; Currency Zones; Currency Areas; Rational Expectations; Analytics and Data Science; Finance

Sage graduated from Covenant College in 2017, where she studied economics. Prior to graduate school, Sage worked as a research analyst at the Brookings Institution, conducting research on monetary policy and financial stability with Drs. Ben Bernanke, Nellie Liang, and... View Details

August 1997 (Revised September 2004)
Case

South Africa: Getting in GEAR

By: Richard H.K. Vietor

In 1997, Thabo Mbeki is contemplating South Africa's performance since the end of Apartheid in 1994. The economy has done fairly well, but the government's macroeconomic strategy calls for higher growth and employment creation. The case describes the country's history,... View Details

Keywords: History; Strategy; Development Economics; Social Issues; Macroeconomics; South Africa

June 2002 (Revised October 2002)
Background Note

Argentina: Data Supplement, 1990-2002

By: Huw Pill and Ingrid Vogel

Provides basic macroeconomic data for Argentina for the period 1990 through 2002. Covers the period from the adoption of Argentina's currency board to its ultimate demise and beyond. View Details

Keywords: Financial Crisis; Macroeconomics; Argentina

April 2002 (Revised October 2002)
Case

The Blair Wealth Project: Antecedents and Prospects

By: Huw Pill and Ingrid Vogel

Discusses the macroeconomic and political situation in the United Kingdom from the end of World War II through 2001. Focuses on the interactions among macroeconomic performance, labor relations, the corporate governance system, and social services. In particular,... View Details

Keywords: Welfare; Corporate Governance; Labor and Management Relations; Government and Politics; Macroeconomics; United Kingdom

February 1997 (Revised August 1997)
Case

Mexico (D): Stabilization and Retrenchment

By: Huw Pill

Describes the response of the Mexican authorities and the international community to the Mexican Peso crisis of 1994 and the banking, financial, and macroeconomic crisis that followed it. View Details

Keywords: Globalized Economies and Regions; Financial Crisis; Macroeconomics; Mexico

January 2022
Technical Note

BGIE Macro Data Repository

By: Alberto Cavallo

This technical note describes an up-to-date data repository containing balance of payment, exchange rate, and aggregate macroeconomic data in a standard format used by case studies written by members of the Business, Government & the International Economy (BGIE) group... View Details

Keywords: Macroeconomics

March 2003
Case

Investing in Japan

By: Peter A. Hecht and Luis M. Viceira

The evolution of the macroeconomic environment, capital markets, financial institutions (including banks, public and private pension funds, and mutual funds), and financial regulation in Japan during the period 1980 to 2002, are examined long-term demographic... View Details

Keywords: Capital Markets; Investment; Financial Institutions; Macroeconomics; Japan

09 Mar 2021
Working Paper Summaries

Real Credit Cycles

Keywords: by Pedro Bordalo, Nicola Gennaioli, Andrei Shleifer, and Stephen J. Terry

Research Summary

Overview

By: Emil N. Siriwardane

In his research, Professor Siriwardane seeks to develop a quantitative understanding of how the financial sector affects asset prices and macroeconomic stability, particularly relevant in the wake of the financial crisis of the last decade. View Details

21 Jul 2022
News

I Think Inflation Is Going to Be with Us a Long Time, Says Harvard’s Bill George

May 1989 (Revised June 1990)
Case

Great Britain: Decline or Renewal?

Focuses on the origins of economic decline and the problems of economic management in Great Britain, the oldest industrial state. Reviews the formation of macroeconomic policy, welfare policy, and industrial policy in the postwar period. Examines Prime Minister... View Details

Keywords: Macroeconomics; Great Britain