Exchange Rate Risk - Publications - Faculty & Research

25 Sep 2018
First Look

New Research and Ideas, September 25, 2018

between tax brackets within a state-year cell and which absorb heterogeneity and contemporaneous changes in economic conditions; ii) an instrumental variable approach, which predicts changes in an individual or firm's total tax rate with... View Details

Keywords: Dina Gerdeman

28 Apr 2021
Blog Post

Alumni Spotlight: Cissy Chen (MBA 2019)

to going to HBS, it wasn’t until I took “Investing in the 21st Century: Return, Risk and Impact,” taught by Professors Shawn Cole and Vikram Gandhi, that I had a chance to learn about what impact investing was and understand how big the... View Details

29 Jan 2013
First Look

First Look: Jan. 29

may increase the rate of individual learning from customer-specific experience for a focal task. Finally, we find that the level of experience with a customer for the entire outsourcing firm also yields learning and that the degree of... View Details

Keywords: Sean Silverthorne

24 Feb 2014
Research & Ideas

Uncovering Racial Discrimination in the ‘Sharing Economy’

recorded information including the asking price of the rental, the characteristics of the apartment or room, and the average rating each host had received. (The site's structured rating system lets guests... View Details

Keywords: by Carmen Nobel; Construction; Real Estate; Advertising

03 Jan 2008
What Do You Think?

Does Judgment Trump Experience?

Summing Up How is good judgment developed? Whether judgment trumps experience quickly gave way in this month's rich exchange of views to other questions about how (and the extent to which) judgment is developed. Most of those addressing... View Details

Keywords: by Jim Heskett

Web

Harvard Business School

Organization of a Bank; a Study of Selected New Banks R. Roosevelt Thomas Jr. (DBA) 1974 The Management of the Liberal Arts College: A Case Study Rudolph Winston Jr. (DBA) 1975 A Study to Determine How Personnel Managers' Perceptions of View Details

01 Jun 2011
News

What’s after Fannie and Freddie?

sector mortgage market without any government backing. Why don’t you favor that approach? The vast majority of mortgage credit can be provided by the private sector without government guarantees. But given the systemic risk associated... View Details

Keywords: Roger Thompson; Credit Intermediation and Related Activities; Finance

01 Mar 2024
News

The Exchange: Takeaways from the Takedown

Professors Eugene Soltes and Aiyesha Dey; image by John Ritter When Sam Bankman-Fried was convicted in 2023 of all seven charges against him related to the cryptocurrency exchange FTX, the jury needed less than five hours to deliberate... View Details

Keywords: Jen McFarland Flint; Securities, Commodities, and Other Financial Investments; Finance

10 Jun 2014
First Look

First Look: June 10

effect: the growth rate of an industry within a region may be declining in the level of economic activity of that industry. At the same time, positive spillovers across complementary economic activities can provide an impetus for... View Details

Keywords: Sean Silverthorne

01 Mar 2015
News

Ask the Expert: Inside the Fed

directors, we often discussed the reality that pushing rates up too precipitously would risk cutting off the recovery before we’re at full employment. I think Boston Fed economists would say that it would be... View Details

Keywords: Executive, Legislative, and Other General Government Support; Government; Monetary Authorities-Central Bank; Finance

03 Jul 2018
First Look

New Research and Ideas, July 3, 2018

positions. To enable such assessments, firms must become as transparent about their corporate political responsibility (CPR) as their corporate social responsibility (CSR). For their part, rating systems must demand such information from... View Details

Keywords: Dina Gerdeman

Web

Shad Membership Eligibility | About

for the current rates and membership information Membership Refunds If for any reason it is necessary to cancel your membership or one of your services refunds can be requested at the Member Services Desk. Domestic Partner Shad Hall... View Details

01 Feb 1999
News

Q&A: Camille Tang Yeh of the Asia-Pacific Research Office

Both transitions have strategic and competitive implications for firms operating in and out of the region. The current "reconstruction" of Asia offers insights about differentiating systemic from asystemic risks and illuminates possible... View Details

Keywords: Educational Support Services; Educational Services

25 Jan 2022
Blog Post

Feeling Seen: What to Say When Your Employees Are Not OK

the COVID-19 pandemic approaches its third exhausting year. Validating someone’s feelings can be as simple as pausing during the day to say, “You seem anxious,” says Zlatev, a professor in the Negotiation, Organizations & Markets Unit at HBS. "YOU'RE SHOWING THAT... View Details

Keywords: All Industries

01 Sep 2014
News

Ask the Expert: Byte-Testing Bitcoin

intend to navigate the regulatory environment? In particular, how could they educate governments and ease concerns about the various types of risk pertaining to payments and currency? —Caleb Reeves (GMP 16, 2014) Even though there are... View Details

Keywords: alumni; Data Processing, Hosting, and Related Services; Information

Article

Debt Maturity: Is Long-Term Debt Optimal?

By: Laura Alfaro and Fabio Kanczuk

We model and calibrate the arguments in favor and against short-term and long-term debt. These arguments broadly include: maturity premium, sustainability, and service smoothing. We use a dynamic equilibrium model with tax distortions and government... View Details

Keywords: Borrowing and Debt; Investment Return; Development Economics; Taxation; Risk and Uncertainty; Cost; Interest Rates; Developing Countries and Economies; Welfare; United States; Brazil

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05 Sep 2000
What Do You Think?

Whither the Information Economy?

replace food, shelter, clothing, etc.," Gary Myers raises an issue that might warrant further discussion. While he points out that information leads to improvements in the efficiency with which goods are produced, he then goes on to say, "At some point, the... View Details

Keywords: by James Heskett

01 Jul 2008
First Look

First Look: July 1, 2008

results of an exercise in which members of Harvard Business School's MBA Class of 2009 collectively attempted to replicate Blinder's study. Overall, the MBA students' assessments of offshorability matched Blinder's well. Across occupations, the correlation between... View Details

Keywords: Martha Lagace

03 Mar 2008
First Look

First Look: March 4, 2008

grant less credit, screen loans more intensively, and charge lower interest rate spreads. The cause is Mexico's weak contract rights environment. One would normally associate risk aversion with lower... View Details