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  • All HBS Web  (1,600)
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  • All HBS Web  (1,600)
    • People  (1)
    • News  (247)
    • Research  (1,156)
    • Events  (1)
    • Multimedia  (14)
  • Faculty Publications  (851)
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Private companies: fast growing

Companies, Small Giants: Best Small Companies) Fortune Rankings (ex: 100 Fastest Growing Companies) Inc. 5000 FormDs.com  Nearly all startups and investment firms file Form Ds with the SEC when they raise money.  Form D filings contain:... View Details
  • 08 May 2019
  • News

Fellowships Fuel a Passion to Help Underserved Communities

of these experiences has cost ramifications,” she explains. “My fellowships have taken some of the pressure off. Otherwise, my choices would have been driven more by debt than by the difference I want to make in the world.” Asamoah... View Details
  • Article

The Economic Consequences of Hospital Admissions

By: Carlos Dobkin, Amy Finkelstein, Raymond Kluender and Matthew Notowidigdo
We use an event study approach to examine the economic consequences of hospital admissions for adults in two datasets: survey data from the Health and Retirement Study, and hospitalization data linked to credit reports. For non-elderly adults with health insurance,... View Details
Keywords: Personal Finance; Borrowing and Debt; Insurance; Insolvency and Bankruptcy; Health Care and Treatment
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Dobkin, Carlos, Amy Finkelstein, Raymond Kluender, and Matthew Notowidigdo. "The Economic Consequences of Hospital Admissions." American Economic Review 108, no. 2 (February 2018): 308–352.
  • January 1987 (Revised March 1989)
  • Background Note

Note on the Pricing of Mortgage-Backed Securities

By: Jay O. Light and Jeremy C. Stein
An introduction to mortgage-backed securities, prepayment risk, and their market pricing. View Details
Keywords: Price; Debt Securities; Mortgages; Financial Services Industry
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Light, Jay O., and Jeremy C. Stein. "Note on the Pricing of Mortgage-Backed Securities." Harvard Business School Background Note 287-060, January 1987. (Revised March 1989.)
  • Web

Buy Now, Pay Later: Research Links - Secondary Resources

Mortgage Debt on Homes Other Than Farm Homes at the Fourteenth Census, 1920 (Washington, D.C.: Government Printing Office, 1923). Ham, Arthur H. A Credit Union Primer; an Elementary Treatise on Cooperative Banking (New York City: Division... View Details
  • April 1993 (Revised December 1994)
  • Case

American Express TRS Charge-Card Receivables

By: Andre F. Perold and Kuljot Singh
American Express (TRS) Co. is considering a proposal to securitize a portion of their consumer charge-card receivables portfolio. In the past, they have relied exclusively on a captive finance subsidiary, Credco, to perform this function. The proposed securitization... View Details
Keywords: Credit Cards; Restructuring; Borrowing and Debt; Financial Management; Financial Strategy; Debt Securities; Travel Industry
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Perold, Andre F., and Kuljot Singh. "American Express TRS Charge-Card Receivables." Harvard Business School Case 293-120, April 1993. (Revised December 1994.)
  • 01 Oct 2021
  • News

HBS-Harvard Collaboration Fosters New Ventures

technology to erase debt CEO and cofounder Rohan Pavuluri (AB 2018) was inspired to launch Upsolve, which helps low-income and working-class families overcome financial distress, after learning that a bankruptcy lawyer costs a prohibitive... View Details
  • 03 Jul 2018
  • First Look

New Research and Ideas, July 3, 2018

forthcoming IMF Economic Review Debt Redemption and Reserve Accumulation By: Alfaro, Laura, and Fabio Kanczuk Abstract—In the past decade, foreign participation in local-currency bond markets in emerging countries increased dramatically.... View Details
Keywords: Dina Gerdeman
  • 20 May 2014
  • First Look

First Look: May 20

developing countries considering both creditor and debtor side of the international debt transactions. Using these measures, we demonstrate that sovereign-to-sovereign transactions account for upstream capital flows and global imbalances.... View Details
Keywords: Sean Silverthorne
  • 01 Dec 2007
  • News

Subprime Time

modesty for all concerned: the rating agencies, the banks, asset managers. And certainly the masters of the debt universe and the Ph.D.’s with their black boxes turned out to be fallible. You can look at this as a shakedown cruise of our... View Details
Keywords: Bruce Wasserstein, MBA '71; Finance
  • 01 Jul 2014
  • First Look

First Look: July 1

a mix of both. Wherever clubs fall on this spectrum, having a strategy that recognizes the global importance of stars is critical to long-lasting financial success. August 2013 Journal of Finance A Comparative-Advantage Approach to Government View Details
Keywords: Carmen Nobel
  • 14 Jun 2016
  • First Look

June 14, 2016

https://www.hbs.edu/faculty/Pages/item.aspx?num=50814 Fiscal Rules and Sovereign Default By: Alfaro, Laura, and Fabio Kanczuk Abstract—We provide a quantitative analysis of fiscal rules in a standard model of sovereign debt accumulation... View Details
Keywords: Sean Silverthorne
  • June 2012
  • Response

Solution to Exchanges 10.2 Puzzle: Borrowing in the Limit as Our Nerdiness Goes to Infinity

By: Ran I. Shorrer
This is a solution to the editor's puzzle from issue 10.2 of SIGecom Exchanges [Reeves 2011]. The puzzle asks to determine a point in time such that a lump sum payment of $S will be equivalent to a continuous stream of infinitesimal payments totaling $S, spread evenly... View Details
Keywords: Borrowing and Debt; Market Transactions; Mathematical Methods
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Shorrer, Ran I. "Solution to Exchanges 10.2 Puzzle: Borrowing in the Limit as Our Nerdiness Goes to Infinity." ACM SIGecom Exchanges 11, no. 1 (June 2012): 39–41.
  • January 1994
  • Exercise

Walt Disney Company's Sleeping Beauty Bonds

By: Carliss Y. Baldwin
Walt Disney Co. issues a 100-year bond. This case describes the terms of the bond and immediate capital market reaction. View Details
Keywords: Capital Markets; Cash Flow; Debt Securities; Bonds; Interest Rates; Value
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Baldwin, Carliss Y. "Walt Disney Company's Sleeping Beauty Bonds." Harvard Business School Exercise 294-034, January 1994.
  • December 2004
  • Teaching Note

Yield Curves and Bond Ratings Tutorial (TN)

By: William E. Fruhan Jr.
Teaching Note to (9-204-712). View Details
Keywords: Internet and the Web; Education; Debt Securities; Service Operations; Measurement and Metrics; Performance Evaluation; Education Industry
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Fruhan, William E., Jr. "Yield Curves and Bond Ratings Tutorial (TN)." Harvard Business School Teaching Note 205-051, December 2004.
  • December 1999 (Revised November 2001)
  • Background Note

Note on Private Equity Securities, A

By: G. Felda Hardymon and Josh Lerner
Provides an overview of the primary securities used in private equity, their structures, and the economic motivation behind their designs. View Details
Keywords: Design; Private Equity; Debt Securities; Industry Structures; Motivation and Incentives
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Hardymon, G. Felda, and Josh Lerner. "Note on Private Equity Securities, A." Harvard Business School Background Note 200-027, December 1999. (Revised November 2001.)
  • Web

Merit-Based Admissions, Need-Based Aid | MBA

Socioeconomic background Undergraduate debt Scholarships are based on a standardized formula for all students. Students with higher earnings contribute at a higher rate than students with lower earnings. If you are married and/or have... View Details
  • 27 Apr 2017
  • News

Helping Veterans Gain Skills to Thrive in the Business World

burdens of debt prompted York, global head of Private Wealth Management at Goldman Sachs, to endow a fellowship in recognition of his 25th Reunion and add to it for his 30th. The son of a veteran, York supports students who have a... View Details
  • May 2016 (Revised August 2019)
  • Teaching Note

Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio

By: Nori Gerardo Lietz and Ricardo Andrade
James Tallest analyzed the opportunity to invest in a distressed portfolio of high quality properties in Germany by acquiring one or more non-performing loans from Deutschland Bank. While he considers the many aspects of the deal that is about to unfold, he must decide... View Details
Keywords: Real Estate; Distress Investing; Non-performing Loan; Borrowing and Debt; Capital Structure; Private Equity; Negotiation Deal; Valuation; Real Estate Industry; Financial Services Industry; Germany; Europe
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Lietz, Nori Gerardo, and Ricardo Andrade. "Project Deutschland: Unpeeling the Onion of a Distressed Real Estate Portfolio." Harvard Business School Teaching Note 216-056, May 2016. (Revised August 2019.)
  • March 2018 (Revised January 2019)
  • Case

The TARP Bailouts: Saving the Banking and Automotive Industries

By: Kristin Mugford
Comparison of the U.S. Government response, using the $700 billion TARP fund, to downturns in the banking and auto industries during the global financial crisis. View Details
Keywords: Bailout; Financial Crisis; Borrowing and Debt; Banks and Banking; Government and Politics; Debt Securities; Government Legislation; Public Opinion; Auto Industry; Banking Industry; United States
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Mugford, Kristin. "The TARP Bailouts: Saving the Banking and Automotive Industries." Harvard Business School Case 218-107, March 2018. (Revised January 2019.)
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