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  • All HBS Web  (272)
    • News  (137)
    • Research  (99)
    • Multimedia  (9)
  • Faculty Publications  (86)

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  • All HBS Web  (272)
    • News  (137)
    • Research  (99)
    • Multimedia  (9)
  • Faculty Publications  (86)
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  • September 2010 (Revised May 2012)
  • Case

Windward Investment Management

By: Luis M. Viceira and Ricardo Alberto De Armas
Windward Investment Management has experienced rapid growth in assets under management in just ten years, from under $30 million at year-end 1999 to $3.6 billion in 2010. Windward is one of the leading firms in the Registered Investment Advisor (RIA) industry that... View Details
Keywords: Asset Management; Valuation; Investment; Growth and Development Strategy; Financial Services Industry
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Viceira, Luis M., and Ricardo Alberto De Armas. "Windward Investment Management." Harvard Business School Case 211-005, September 2010. (Revised May 2012.)
  • 2018
  • Mimeo

Measuring Venezuela's Inflation Using Crowdsourcing and Mobile Phones

By: Alberto Cavallo
Keywords: Inflation; Crowdsourcing; Macroeconomics; Inflation and Deflation; Venezuela
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Cavallo, Alberto. "Measuring Venezuela's Inflation Using Crowdsourcing and Mobile Phones." 2018. Mimeo.
  • March 2022
  • Teaching Note

The Coronavirus (COVID-19) Pandemic and the Global Economy (A) and (B)

By: Alberto Cavallo
Teaching Note for HBS Case Nos. 720-031 and 721-434. View Details
Keywords: COVID; COVID-19 Pandemic; Macroeconomics; Coronavirus; Global
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Cavallo, Alberto. "The Coronavirus (COVID-19) Pandemic and the Global Economy (A) and (B)." Harvard Business School Teaching Note 722-039, March 2022.
  • October 2023
  • Article

Laboratory Safety and Research Productivity

By: Alberto Galasso, Hong Luo and Brooklynn Zhu
Are laboratory safety practices a tax on scientific productivity? We examine this question by exploiting the substantial increase in safety regulations at the University of California following the shocking accidental death of a research assistant in 2008.... View Details
Keywords: Economics Of Science; Risk Perception; Safety Regulations; Governing Rules, Regulations, and Reforms; Working Conditions; Safety; Performance Productivity
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Galasso, Alberto, Hong Luo, and Brooklynn Zhu. "Laboratory Safety and Research Productivity." Art. 104827. Research Policy 52, no. 8 (October 2023).
  • March 2022
  • Teaching Note

Getting Brexit Done

By: Alberto Cavallo
Teaching Note for HBS Case No. 720-023. View Details
Keywords: Brexit; European Union; Integration; Trade; UK; Free Trade Agreements Environment
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Cavallo, Alberto. "Getting Brexit Done." Harvard Business School Teaching Note 722-038, March 2022.
  • March 2022
  • Teaching Note

Automercados Plaza's: Surviving Venezuela's Hyperinflation

By: Alberto Cavallo
Teaching Note for HBS Case No. 721-014. View Details
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Cavallo, Alberto. "Automercados Plaza's: Surviving Venezuela's Hyperinflation." Harvard Business School Teaching Note 722-043, March 2022.
  • March 2018
  • Article

Scraped Data and Sticky Prices

By: Alberto Cavallo
I use daily prices collected from online retailers in five countries to study the impact of measurement bias on three common price stickiness statistics. Relative to previous results, I find that online prices have longer durations, with fewer price changes close to... View Details
Keywords: Online Data; Scraped Data; Sticky Prices; Scanner Data; Consumer Price Index; Price; Data and Data Sets
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Cavallo, Alberto. "Scraped Data and Sticky Prices." Review of Economics and Statistics 100, no. 1 (March 2018): 105–119.
  • Article

Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers

By: Alberto Cavallo
Online prices are increasingly used for measurement and research applications, yet little is known about their relation to prices in physical stores, where most retail transactions occur. I conduct the first large-scale comparison of prices simultaneously collected... View Details
Keywords: Online Prices; Offline Prices; Multi-channel Retailers; Price; Internet and the Web; Measurement and Metrics; Retail Industry
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Cavallo, Alberto. "Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers." American Economic Review 107, no. 1 (January 2017): 283–303.
  • June 2024
  • Article

Inflation with COVID Consumption Baskets

By: Alberto Cavallo
The Covid-19 pandemic led to changes in expenditure patterns that introduced significant bias in the measurement of Consumer Price Index (CPI) inflation. Using publicly-available data on card transactions, I updated the official CPI weights and re-calculated inflation... View Details
Keywords: COVID; Consumer Expenditures; CPI; Inflation; Consumer Behavior; Inflation and Deflation; Health Pandemics
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Cavallo, Alberto. "Inflation with COVID Consumption Baskets." Special Issue on The Global Economy: Looking Back, Moving Forward, Part II. IMF Economic Review 72, no. 2 (June 2024): 902–917.
  • February 2020 (Revised January 2022)
  • Case

Getting Brexit Done

By: Alberto Cavallo
In the early hours of Friday, December 13, 2019, a triumphant Boris Johnson, the UK Prime Minister, stood in front of his supporters and declared, “We did it – we pulled it off, didn’t we? We broke the deadlock, [. . .] we smashed the roadblock. [. . .] This election... View Details
Keywords: Economic Integration; Brexit; Economics; Trade; Political Elections; Government Administration; Policy; Negotiation; Globalized Economies and Regions; Problems and Challenges; European Union; Europe
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Cavallo, Alberto. "Getting Brexit Done." Harvard Business School Case 720-023, February 2020. (Revised January 2022.)
  • September 2019 (Revised January 2022)
  • Teaching Note

The U.S. – China Trade War

By: Alberto Cavallo
Teaching Note for HBS No. 719-034. View Details
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Cavallo, Alberto. "The U.S. – China Trade War." Harvard Business School Teaching Note 720-012, September 2019. (Revised January 2022.)
  • September 2018 (Revised January 2022)
  • Teaching Note

Hank and Nancy: The Subprime Crisis, the Run on Lehman and the Shadow Banks, and the Decision to Bailout Wall Street

By: Alberto Cavallo and Rafael Di Tella
Teaching Note for HBS No. 718-022. View Details
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Cavallo, Alberto, and Rafael Di Tella. "Hank and Nancy: The Subprime Crisis, the Run on Lehman and the Shadow Banks, and the Decision to Bailout Wall Street." Harvard Business School Teaching Note 719-010, September 2018. (Revised January 2022.)
  • June 2022
  • Background Note

FIELD Immersion 2022: Albuquerque, New Mexico

By: Alberto Cavallo and Stacy Straaberg
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Cavallo, Alberto, and Stacy Straaberg. "FIELD Immersion 2022: Albuquerque, New Mexico." Harvard Business School Background Note 722-060, June 2022.
  • December 2017 (Revised November 2023)
  • Technical Note

The BGIE Twenty (2024 version)

By: Alberto Cavallo, Kristin Fabbe, Mattias Fibiger, Jeremy Friedman, Reshmaan Hussam, Vincent Pons and Matthew Weinzierl
The purpose of this technical note is to explain the BGIE Twenty, an “idea-kit” that serves as the intellectual backbone of the BGIE course. Each year, the BGIE professors decide on the twenty ideas that we believe are the most important for students to study in... View Details
Keywords: Ideas; Business Education; Curriculum and Courses; Analysis
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Cavallo, Alberto, Kristin Fabbe, Mattias Fibiger, Jeremy Friedman, Reshmaan Hussam, Vincent Pons, and Matthew Weinzierl. "The BGIE Twenty (2024 version)." Harvard Business School Technical Note 718-032, December 2017. (Revised November 2023.)
  • March 2022
  • Teaching Note

The Global Great Depression, 1929-1939

By: Alberto Cavallo and Sophus A. Reinert
Teaching Note for HBS Case No. 722-034. View Details
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Cavallo, Alberto, and Sophus A. Reinert. "The Global Great Depression, 1929-1939." Harvard Business School Teaching Note 722-054, March 2022.
  • 2025
  • Working Paper

Turning Points in Inflation: A Structural Breaks Approach with Micro Data

By: Alberto Cavallo and Gastón García Zavaleta
We introduce a novel methodology for detecting inflation turning points that combines high-frequency, disaggregated price data with standard structural break techniques to provide policymakers with more precise and timely signals of inflation dynamics. The methodology... View Details
Keywords: Inflation and Deflation; Global Range; Economic Slowdown and Stagnation; Analysis; Price
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Cavallo, Alberto, and Gastón García Zavaleta. "Turning Points in Inflation: A Structural Breaks Approach with Micro Data." Working Paper, May 2025. (Preliminary draft.)
  • December 2017 (Revised January 2025)
  • Course Overview Note

Business, Government, and the International Economy (BGIE)

By: Matthew Weinzierl, Sophus A. Reinert and Alberto Cavallo
Keywords: Business and Government Relations; International Relations; Trade
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Weinzierl, Matthew, Sophus A. Reinert, and Alberto Cavallo. "Business, Government, and the International Economy (BGIE)." Harvard Business School Course Overview Note 718-033, December 2017. (Revised January 2025.)
  • Article

Prices and Supply Disruptions during Natural Disasters

By: Alberto Cavallo, Eduardo A. Cavallo and Roberto Rigobon
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Cavallo, Alberto, Eduardo A. Cavallo, and Roberto Rigobon. "Prices and Supply Disruptions during Natural Disasters." Review of Income and Wealth 60, no. S2 (November 2014): S449–S471.
  • October 2017 (Revised November 2021)
  • Case

Hank and Nancy: The Subprime Crisis, the Run on Lehman and the Shadow Banks, and the Decision to Bail Out Wall Street

By: Rafael Di Tella, Alberto Cavallo and Aldo Sesia
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Di Tella, Rafael, Alberto Cavallo, and Aldo Sesia. "Hank and Nancy: The Subprime Crisis, the Run on Lehman and the Shadow Banks, and the Decision to Bail Out Wall Street." Harvard Business School Case 718-022, October 2017. (Revised November 2021.)
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