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  • All HBS Web  (15,059)
    • People  (43)
    • News  (3,321)
    • Research  (9,165)
    • Events  (53)
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  • December 1998 (Revised January 1999)
  • Compilation

Explaining the Great Depression

By: David A. Moss and Joseph P Gownder
Although the Great Depression stands as the most punishing economic event of the 20th century, there is still remarkably little consensus about its causes. This case presents a number of prominent explanations including those of Franklin D. Roosevelt, John Maynard... View Details
Keywords: History; Financial Crisis; Theory; Economics
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Moss, David A., and Joseph P Gownder. "Explaining the Great Depression." Harvard Business School Compilation 799-067, December 1998. (Revised January 1999.)
  • 2016
  • Working Paper

Credit Migration and Covered Interest Rate Parity

By: Gordon Y Liao
I document economically large and persistent discrepancies in the pricing of credit risk between corporate bonds denominated in different currencies. The discrepancies amount to 50-100 basis points on trillions of dollars of debt notional. I relate this violation of... View Details
Keywords: Market Segmentation; Debt Issuance; Covered Interest Rate Parity; Cross-currency Basis; Credit Risk; Financial Markets; Credit
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Liao, Gordon Y. "Credit Migration and Covered Interest Rate Parity." Working Paper, October 2016.
  • 27 Feb 2006
  • Research & Ideas

Take Responsibility for Rising Stars

accountable for the resulting weak talent pool. In A.T. Kearney's 2004 survey on the effectiveness of corporate governance, participating board directors universally acknowledged the importance View Details
Keywords: by Jeffrey M. Cohn, Rakesh Khurana & Laura Reeves
  • March 2004 (Revised November 2004)
  • Case

Great Depression, Mass Unemployment, and Business Leadership, The

Explores the texture of mass unemployment during the Great Depression in the United States. Business leaders offer assessments of the Great Depression and the New Deal. View Details
Keywords: History; Employment; Financial Crisis; United States
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Smith, Jason Scott. "Great Depression, Mass Unemployment, and Business Leadership, The." Harvard Business School Case 804-163, March 2004. (Revised November 2004.)
  • 07 Sep 2016
  • News

Who Wants to Start a Bank?

  • 01 Jun 2014
  • News

The Digital Deck

language of business and comprises three 30-hour courses: Business Analytics (created by Jan Hammond), Financial Accounting (by V.G. Narayanan), and Economics for Managers (by... View Details
Keywords: Julia Hanna
  • 20 Aug 2019
  • News

Should a Pension Fund Try to Change the World?

  • 27 Aug 2019
  • News

Challenger NorthOne launches with digital finance toolkit for small business

  • 14 May 2015
  • News

A senseless subsidy

  • 22 Aug 2014
  • News

The Conversation We Should Be Having About Corporate Taxes

  • 21 May 2020
  • News

Is Stablecoin the Next Big Thing in E-Commerce?

  • 27 Feb 2013
  • News

Troublemakers: Entrepreneurial Approaches Against Corruption

  • 22 May 2018
  • News

Federal tax cuts won’t boost workers’ wages — here’s why

  • 14 Nov 2014
  • News

High-Frequency Traders Turn to the Online Ad Market

  • 11 Jul 2016
  • News

Big U.S. investors strive for edge in private CEO meetings

  • 07 May 2019
  • News

Canceling student debt has an extraordinary effect on people’s income and credit worthiness

  • November 2013 (Revised March 2015)
  • Case

Massachusetts Pay-for-Success Contracts: Reducing Juvenile and Young Adult Recidivism

By: V. Kasturi Rangan and Lisa A. Chase
The case describes the nature of juvenile recidivism in Massachusetts and explores the potential structure of a privately funded, publicly guaranteed pay-for-success contract. View Details
Keywords: Social Impact Bonds; Pay-for-success; Social Innovation; Juvenile (Prison) Recidivism; Homelessness; Bonds; Social Issues; Public Administration Industry; Massachusetts
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Rangan, V. Kasturi, and Lisa A. Chase. "Massachusetts Pay-for-Success Contracts: Reducing Juvenile and Young Adult Recidivism." Harvard Business School Case 514-061, November 2013. (Revised March 2015.)
  • 2013
  • Working Paper

Did Bank Distress Stifle Innovation During the Great Depression?

By: Ramana Nanda and Tom Nicholas
We find a negative relationship between bank distress and the level, quality and trajectory of firm-level innovation during the Great Depression, particularly for R&D firms operating in capital intensive industries. However, we also show that because a sufficient... View Details
Keywords: Great Depression; R&D; Bank Distress; Patents; Research and Development; Financial Crisis; Innovation and Invention; Banks and Banking; Banking Industry; United States
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Nanda, Ramana, and Tom Nicholas. "Did Bank Distress Stifle Innovation During the Great Depression?" Harvard Business School Working Paper, No. 12-106, May 2012. (Revised October 2013. Revise and Resubmit, Journal of Financial Economics.)
  • 22 Jan 2020
  • News

What Are the Best Personal Loans?

  • 09 Jul 2024
  • Research & Ideas

Are Management Consulting Firms Failing to Manage Themselves?

of systemic issues that have gradually worsened since the 2007-2008 financial crisis. At the heart of the problem lies the consulting firms’ aggressive pursuit View Details
Keywords: by David Fubini; Consulting
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