Publications

05 Jun 2009
What Do You Think?

What Does Slower Economic Growth Really Mean?

services? The latter grew so rapidly in the U.S. in recent years (with every mortgage backed security and credit default swap transaction counted, resulting in substantial contributions to growth rates) that, at its peak, it may well have... View Details

Keywords: by Jim Heskett; Financial Services; Construction; Real Estate

Web

Research - Behavioral Finance & Financial Stability

papers or by insured foreign denominated deposits which are then swapped in the FX market. A shock that forces these banks to switch from commercial papers to deposits can have large consequences on the covered interest rate parity... View Details

2014
Book

Critical Knowledge Transfer: Tools for Managing Your Company's Deep Smarts

By: Dorothy A. Leonard, Walter Swap and Garvin Barton

When highly skilled subject matter experts, engineers, and managers leave their organizations, they take with them years of hard-earned, experience-based knowledge—much of it undocumented and irreplaceable. Organizations can thereby lose a good part of their... View Details

Keywords: Knowledge Management

Find at Harvard

15 May 2017
Sharpening Your Skills

The Promises and Limitations of Big Data

data, which can be used to improve programs and services, according to Michael Luca and his research colleagues. Why Millennials Flock to Fintech for Personal Investing New tech-heavy financial firms are helping millennials invest, but with a twist. They are View Details

Keywords: by Sean Silverthorne; Financial Services; Utilities; Public Administration; Health

13 Nov 2017
Research & Ideas

Want to Be Happier? Spend Some Money on Avoiding Household Chores

something they could do themselves. Or they may not recognize that, say, spending more on rent to live closer to work could put them in a better state of mind. Swapping money for time might be especially beneficial to women. While women... View Details

Keywords: by Dina Gerdeman

01 Mar 2003
News

Dick Franyo: From Banker to Barkeeper

light, and pegs on the walls to hang foul weather gear.” Perhaps most of all, the Franyos wanted the Boatyard to fit in with the relaxed nature of the Eastport maritime community, to be a place where “the guy who owns a Hinckley can swap... View Details

Keywords: Deborah Blagg; Food Services and Drinking Places; Hospitality

September 2004 (Revised February 2007)
Case

Hedging Currency Risks at AIFS

By: Mihir A. Desai, Vincent Dessain and Anders Sjoman

The American Institute for Foreign Studies (AIFS) organizes study abroad programs and cultural exchanges for American students. The firm's revenues are mainly in U.S. dollars, but most of its costs are in eurodollars and British pounds. The company's controllers review... View Details

Keywords: Foreign Direct Investment; Investment Funds; Financial Strategy; Forecasting and Prediction; Revenue; Credit Derivatives and Swaps; Currency; Currency Exchange Rate; Education Industry; North and Central America

March 2005 (Revised March 2006)
Case

Foreign Exchange Hedging Strategies at General Motors: Competitive Exposures

By: Mihir A. Desai and Mark Veblen

How can a multinational firm analyze and manage currency risks that arise from competitive exposures? General Motors has a substantial competitive exposure to the Japanese yen. Although the risks GM faces from the depreciating yen are widely acknowledged, the company's... View Details

Keywords: Multinational Firms and Management; Currency Exchange Rate; Competition; Credit Derivatives and Swaps; International Finance; Financial Management; Investment Funds; Risk and Uncertainty; Auto Industry

November 2010
Case

Lessons Learned? Brooksley Born & the OTC Derivatives Market (A)

By: Clayton S. Rose and David Lane

On May 7, 1998, the U.S. Commodity Futures Trading Commission, chaired by Brooksley Born, issued a "Concept Release" inviting public comment on the relevance and appropriateness of existing regulation of the over-the-counter (OTC) derivatives market, a market with a... View Details

Keywords: Financial Crisis; Credit Derivatives and Swaps; Governing Rules, Regulations, and Reforms; Policy; Business and Government Relations; Financial Services Industry; Public Administration Industry; District of Columbia