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  • March 2009 (Revised May 2013)
  • Supplement

Kinyuseisaku: Monetary Policy in Japan (B)

By: Laura Alfaro and Akiko Kanno
Toshihiko Fukui, Governor of the Bank of Japan, faced a complex situation in the fall of 2007. An economic recovery had allowed the central bank to abandon its zero interest rate policy, which had been in place for years, and raise rates to 0.5%. The Bank of Japan was... View Details
Keywords: Inflation and Deflation; Money; Central Banking; Interest Rates; Policy; Japan
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Alfaro, Laura, and Akiko Kanno. "Kinyuseisaku: Monetary Policy in Japan (B)." Harvard Business School Supplement 709-056, March 2009. (Revised May 2013.)
  • 18 Oct 2017
  • Research & Ideas

How Economic Clusters Drive Globalization

(Photo source: iStock) Economic cluster theory has been used to describe the growth of many industries, including the automotive business around Detroit, high tech in Silicon Valley, and digital media in Seoul. These regions benefit by a... View Details
Keywords: by Julia Hanna; Agriculture & Agribusiness
  • Article

Policy Implications of Weak Patent Rights

By: James J. Anton, Hillary Greene and Dennis Yao
Patents vary substantially in the degree of protection provided against unauthorized imitation. In this chapter we explore a range of work addressing the economic and policy implications of "weak" patents—patents that have a significant probability of being overturned... View Details
Keywords: Patents; Motivation and Incentives; Entrepreneurship; Competition; Policy; Innovation and Invention; Rights; Monopoly; Business Startups
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Anton, James J., Hillary Greene, and Dennis Yao. "Policy Implications of Weak Patent Rights." Innovation Policy and the Economy 6 (2006): 1–26. (Harvard users click here for full text.)
  • March 2008 (Revised July 2009)
  • Case

U.S. Subprime Mortgage Crisis: Policy Reactions (A)

By: Laura Alfaro and Renee Kim
By March 2008, the U.S. Government and the U.S. Federal Reserve Board had taken various policy measures over the last few months to tackle the subprime mortgage crisis that threatened to drag the economy into a recession. The Bush administration approved a fiscal... View Details
Keywords: Financial Crisis; Inflation and Deflation; Central Banking; Mortgages; Policy; Business and Government Relations; United States
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Alfaro, Laura, and Renee Kim. "U.S. Subprime Mortgage Crisis: Policy Reactions (A)." Harvard Business School Case 708-036, March 2008. (Revised July 2009.)
  • Research Summary

Creating ‘Smart’ Policy to Promote Entrepreneurship and Innovation

By: Karen Mills
Entrepreneurship is a key to unlocking innovation and fostering regional and national economic productivity. Extensive studies demonstrate that small and young firms contribute to innovation and employment growth. But which of the many types of small firms are... View Details
  • 08 Aug 2012
  • Working Paper Summaries

Monetary Policy and Long-Term Real Rates

Keywords: by Samuel G. Hanson & Jeremy C. Stein
  • 10 Mar 2008
  • Research & Ideas

Encouraging Entrepreneurs: Lessons for Government Policy

to government policy in relation to economic development and entrepreneurial activity. "In the peer effects paper, we see that policies that may encourage one person to... View Details
Keywords: by Julia Hanna
  • September 1985 (Revised May 2007)
  • Case

Nixon's New Economic Policy: 1971

Contains brief introductory material for the body of the case, which is Nixon's August 15, 1971, speech announcing the suspension of the convertibility of gold and wage-price controls. The case will allow discussion of the problems of the Bretton Woods system, the... View Details
Keywords: Policy; Economics; United States
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Rukstad, Michael G. "Nixon's New Economic Policy: 1971." Harvard Business School Case 386-063, September 1985. (Revised May 2007.)
  • 2017
  • Working Paper

Structural Transformation: A Competitiveness-based View

By: Christian H.M. Ketels
Competitiveness research aims to enhance our understanding of the drivers of prosperity differences across locations and of policies that can sustainably raise a location’s prosperity level. The paper outlines key elements of the competitiveness framework and discusses... View Details
Keywords: Competitiveness; Cluster; Development; Growth; Economic Policy; Competition; Development Economics; Economic Growth; Policy
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Ketels, Christian H.M. "Structural Transformation: A Competitiveness-based View." African Development Bank Group Working Paper, No. 258, May 2017.
  • January 2003
  • Case

Exchange Rate Policy at the Monetary Authority of Singapore

By: Mihir A. Desai and Mark Veblen
The Monetary Authority of Singapore (MAS) is responsible for the country's monetary policy, and its decisions are intended to support the country's overall strategy for sustainable economic growth with price stability. MAS has been very successful in managing exchange... View Details
Keywords: Currency Exchange Rate; Policy; Money; Singapore
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Desai, Mihir A., and Mark Veblen. "Exchange Rate Policy at the Monetary Authority of Singapore." Harvard Business School Case 204-037, January 2003.
  • 2010
  • Book

The Comingled Code: Open Source and Economic Development

By: Josh Lerner and Mark Schankerman
Discussions of the economic impact of open source software often generate more heat than light. Advocates passionately assert the benefits of open source, while critics decry its effects. Missing from the debate is rigorous economic analysis and systematic... View Details
Keywords: Development Economics; Economic Growth; Policy; Government and Politics; Open Source Distribution; Software
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Lerner, Josh, and Mark Schankerman. The Comingled Code: Open Source and Economic Development. MIT Press, 2010.
  • 23 Jul 2020
  • Research & Ideas

How Countries Use Financial Policy to Fight COVID-19

yet. “Seeing the breadth of different policies and the different stakeholders that they touch was surprising." Cavallo, in searching for a way to explore a once-in-a-lifetime global event like the worldwide View Details
Keywords: by Rachel Layne
  • 23 Apr 2014
  • Working Paper Summaries

Corporate Financial Policies in Misvalued Credit Markets

Keywords: by Jarrad Harford, Marc Martos-Vila & Matthew Rhodes-Kropf; Financial Services; Banking
  • 15 Dec 2020
  • Working Paper Summaries

Designing, Not Checking, for Policy Robustness: An Example with Optimal Taxation

Keywords: by Benjami Lockwood, Afras Y. Sial, and Matthew C. Weinzierl
  • May 2018
  • Article

The Economics of Patient-Centered Care

By: Guy David, Philip Saynisch and Aaron Smith-McLallen
The Patient-Centered Medical Home (PCMH) is a widely-implemented model for improving primary care, emphasizing care coordination, information technology, and process improvements. However, its treatment as an undifferentiated intervention in policy evaluation obscures... View Details
Keywords: Primary Care; Accreditation; Patient-centered Medical Home; Health Care and Treatment; Economics
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David, Guy, Philip Saynisch, and Aaron Smith-McLallen. "The Economics of Patient-Centered Care." Journal of Health Economics 59 (May 2018): 60–77.
  • 1992
  • Chapter

Cheap Talk about Monetary Policy

Keywords: Central Banking; Policy; Money; Banking Industry
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Stein, Jeremy. "Cheap Talk about Monetary Policy." In New Palgrave Dictionary of Money and Finance, edited by Peter Newman, Murray Milgate, and John Eatwell. London: Macmillan Press, 1992.
  • 2009
  • Comment

The Behavioral Economics of the Labor Market:Central Findings and Their Policy Implications by Ernst Fehr, Lorenz Goette, and Christian Zehnder

By: George P. Baker
Keywords: Economics; Behavior; Labor; Policy; Government and Politics
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Baker, George P. Comment on "The Behavioral Economics of the Labor Market:Central Findings and Their Policy Implications by Ernst Fehr, Lorenz Goette, and Christian Zehnder." Policymaking Insights from Behavioral Economics, edited by Christopher L. Foote, Lorenz Goette, and Stephan Meier, 241–244. Boston, MA: Federal Reserve Bank of Boston, 2009.
  • 11 May 2020
  • Op-Ed

Immigration Policies Threaten American Competitiveness

and 2010, America’s share of college-educated migrants within the Organisation for Economic Cooperation and Development nations fell from about 50 percent to 40 percent. Our recent research captures business leaders’ rising anxiety about... View Details
Keywords: by William R. Kerr
  • November 1999 (Revised May 2000)
  • Supplement

Data Supplement: Post-War US Economic Statistics

By: Julio J. Rotemberg and Cherie Nursalim
Supplements Tax Cut of 1964 (9-382-078), Nixon's Economic Strategy--1969 (8-378-258), and The Reagan Plan (9-381-173). View Details
Keywords: History; Sovereign Finance; Development Economics; Mathematical Methods; Taxation; Policy; Government Administration; Macroeconomics; United States
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Rotemberg, Julio J., and Cherie Nursalim. "Data Supplement: Post-War US Economic Statistics." Harvard Business School Supplement 700-070, November 1999. (Revised May 2000.)
  • Article

Workplace Stressors & Health Outcomes: Health Policy for the Workplace

By: Joel Goh, Jeffrey Pfeffer and Stefanos A. Zenios
Extensive research focuses on the causes of workplace-induced stress. However, policy efforts to tackle the ever-increasing health costs and poor health outcomes in the United States have largely ignored the health effects of psychosocial workplace stressors such as... View Details
Keywords: Occupational Health; Mortality; Stress; Meta-analysis; Health
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Goh, Joel, Jeffrey Pfeffer, and Stefanos A. Zenios. "Workplace Stressors & Health Outcomes: Health Policy for the Workplace." Behavioral Science & Policy 1, no. 1 (Spring 2015): 43–52.
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