Publications

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2021
Working Paper

Employee Ownership and Wealth Inequality: A Path to Reducing Wealth Concentration

By: Thomas Dudley and Ethan Rouen

This paper examines the impact of an economy-wide shift to broad-based employee ownership on wealth concentration in the United States. Relying on government data, we show that if all private firms became 30% employee-owned, the wealth distribution would be profoundly... View Details

Keywords: Wealth Inequality; Employee Ownership; Wealth; Equality and Inequality; Analysis; United States

SSRN

Article

A Fair Game? Racial Bias and Repeated Interaction between NBA Coaches and Players

By: Letian Zhang

There is strong evidence of racial bias in organizations but little understanding of how it changes with repeated interaction. This study proposes that repeated interaction has the potential to reduce racial bias, but its moderating effects are limited to the treatment... View Details

Keywords: Discrimination; Bias; Interaction; NBA; Prejudice and Bias; Race; Equality and Inequality; Interpersonal Communication; Sports

Portrait Project

Julie Russell

(and the generations after that) begin to pursue their dreams, that the world they live in provides them even greater freedoms and opportunities than I had, particularly in terms of equality for women in the workplace. While we do not yet... View Details

11 Sep 2019
Research & Ideas

Germany May Have the Answer for Reducing Drug Prices

to prove that a new medication’s benefits merit a higher price if cheaper, similar drugs are available. The process rewards companies whose drugs are more novel or help patients more, while forcing manufacturers of equally or less... View Details

Keywords: by Danielle Kost; Health

Fast Answer

Workplace Diversity: Data Sources

Where can I find data on diversity in the workplace and labor markets? Resource Type Resource Description US. Government Agencies US Equal Opportunity Commission “Job Patterns For Minorities And Women In Private Industry”... View Details

31 Oct 2007
HBS Case

Climate Change Puts Heat on GMs

What is the responsibility of business regarding social issues? And how does that jibe with maximizing profits? In "UBS and Climate Change—Warming Up to Global Action?" Associate Professor Felix Oberholzer-Gee and Professor Forest Reinhardt present the... View Details

Keywords: by Julia Hanna; Energy; Utilities

08 Oct 2019
Blog Post

Balancing Act: Kate Eberle Walker’s Action Plan for C-suite Diversity

gender diversity because she personally understood the difficulties women faced in business. Now she’s heard from her employees that the company should also focus on racial diversity. Black and Latinx employees are well represented in non-leadership roles but are not... View Details

Keywords: Entrepreneurship

01 Sep 2007
News

How to Take a Stand On UBS and Climate Change

influence can equal any government’s. Based in Switzerland, UBS is a financial services company with no obligation to comply with the Kyoto Accord or European Trade Union restrictions on carbon emissions. It has a strong internal culture... View Details

Keywords: Julia Hanna; Colleges, Universities, and Professional Schools; Educational Services; Finance

Howard B. Keck

profits of $200 million in 1979. Equally notable, however, was Keck’s work with the W. M. Keck Foundation, which was a huge supporter of science and technology. Under Keck’s leadership, the Foundation’s charitable trust grew from $250... View Details

Keywords: Utilities & Energy

November 2020 (Revised March 2023)
Teaching Note

Unrest in Chile

By: Vincent Pons, John Masko, Rafael Di Tella and William Mullins

In 2020, Chileans would head to the ballot box to decide their country’s future. Many international observers credited Chile’s decades of neoliberal governance with turning the country into Latin America’s “Tiger,” a prosperous, diversified economy on its way to... View Details

Keywords: Developing Countries and Economies; Macroeconomics; Economy; Political Elections; Public Opinion; Social Issues; Equality and Inequality; System Shocks; Chile; Latin America

Purchase

Article

Gender Disparities in Compensation of Practicing Cardiothoracic Surgeons: Analyzing the Society of Thoracic Surgeons Compensation Survey

By: Cherie P. Erkmen, Anastasiia K. Tompkins, Shanda Blackmon, Larry R. Kaiser, Susanna Gallani, Jennifer C. Romano, Thomas MacGillivray and Michael J. Mack

BACKGROUND: Gender-based pay disparity in compensation is widespread. In cardiothoracic surgery, women earn between 71-84% of men’s salaries at comparable ranks. Limited data exist on how factors like subspecialty, practice type, and work efforts contribute to these... View Details

Keywords: Gender; Compensation and Benefits; Equality and Inequality; Experience and Expertise; Health Industry

2023
Working Paper

Procedural Burden and Patterns in the Monetization of Regulatory Benefits Across the Federal Regulatory State

By: Elliot Stoller

When do federal agencies provide monetized estimates of regulatory benefits during the regulatory development and review process? Using an original dataset with information on nearly all major rules and their respective regulatory impact assessments between... View Details

Keywords: Governing Rules, Regulations, and Reforms; Policy; Government and Politics; Equality and Inequality

Winter 2022
Article

Distributing a Billion Vaccines: COVAX Successes, Challenges, and Opportunities

By: Eric Budish, Hannah Kettler, Scott Duke Kominers, Erik Osland, Canice Prendergast and Andrew A. Torkelson

By January 2022, the COVAX international vaccine collaboration had allocated over a billion vaccines to over 140 countries. We describe and review the allocation process chosen, which reflected both an objective of equitably distributing vaccines across the world and... View Details

Keywords: Vaccines; Pandemics; Health Care and Treatment; Health Pandemics; Distribution; Supply Chain; Equality and Inequality

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Article

Health Equity, Schooling Hesitancy, and the Social Determinants of Learning

By: Meira Levinson, Alan C. Geller, Joseph G. Allen and John D. Macomber

At least 62 million K-12 students in North America—disproportionately low-income children of color— have been physically out of school for over a year due to the COVID-19 pandemic. These children are at risk of significant academic, social, mental, and physical harm... View Details

Keywords: COVID-19; Public Health; Air Quality; Social Determinants Of Health; Schooling Hesitancy; Vaccine Hesitancy; Racial Injustice; Inequity; Inequality; Health Pandemics; Education; Health Care and Treatment; Policy; Race; Equality and Inequality

Article

Are Buybacks Really Shortchanging Investment?

By: Jesse M. Fried and Charles C.Y. Wang

It’s no secret that the American economy is suffering from the twin ills of slow growth and rising income inequality. Many lay the blame at the doors of America’s largest public corporations. The charge? These firms prefer to distribute cash generated from their... View Details

Keywords: Economy; Investment; Stocks; Business and Shareholder Relations; Equality and Inequality; United States