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  • All HBS Web  (359)
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    • News  (75)
    • Research  (218)
  • Faculty Publications  (70)

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  • All HBS Web  (359)
    • People  (1)
    • News  (75)
    • Research  (218)
  • Faculty Publications  (70)
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  • 03 Jan 2017
  • First Look

January 3, 2017

regulate the industry. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52032 Populism and the Return of the 'Paranoid Style': Some Evidence and a Simple Model of Demand for Incompetence as Insurance Against Elite Betrayal... View Details
Keywords: Carmen Nobel
  • 02 Sep 2002
  • Research & Ideas

The Role of Government When All Else Fails

several critical sectors of the economy, including banking and private insurance, federal and state governments act as insurers of last resort, assuming literally trillions of dollars in contingent... View Details
Keywords: by Laura Linard
  • 23 Jul 2024
  • Research & Ideas

Forgiving Medical Debt Won't Make Everyone Happier

people with health insurance often are saddled with medical debt. Policymakers have taken notice, and in an election year amid an uncertain economy, health care, debt, and economic mobility are all hot issues. A comedy show discovery... View Details
Keywords: by Rachel Layne; Health
  • 15 Aug 2007
  • Op-Ed

3 Steps to Reduce Financial System Risk

set of investors who previously had limited access to complex derivative products. These include insurance companies and public and private pension funds. They see the products as a way to earn higher yield.... View Details
Keywords: by Mohamed El-Erian; Financial Services; Banking
  • 22 Apr 2020
  • Research Event

How Investors Are Sizing Up Climate Change’s Risks—and Opportunities

by the time the bond matures, suggesting greater economic vulnerability of this region. “This was our first indication that we were on to something, that the capital markets had not paid attention to this yet,” Cromwell said. Heeding the warning of rising View Details
Keywords: by Danielle Kost; Financial Services
  • 07 Apr 2011
  • What Do You Think?

When Should the Public Sector Take Over in a Meltdown?

While C.J. Cullinane recommends that government "at least monitor the situation," he offers little hope that government intervention can be any more effective than private sector responses. Richard Oxford agrees, noting that... View Details
Keywords: by Jim Heskett; Energy; Utilities
  • 27 Jul 2010
  • First Look

First Look: July 27

(forthcoming) Abstract Over the past decade, one of the most important developments in the corporate loan market has been the increasing participation of institutional investors in lending syndicates. As lenders, institutional investors routinely receive View Details
Keywords: Martha Lagace
  • 19 Feb 2013
  • First Look

First Look: Feb. 19

insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor market insurance mechanisms. Venture capital investors... View Details
Keywords: Sean Silverthorne
  • 29 Jun 2015
  • HBS Case

Consumer-centered Health Care Depends on Accessible Medical Records

solutions, but which type of organization will take the lead on a patient-data integration system that enjoys widespread success: hospitals, insurance providers, medical equipment suppliers, consumer tech companies, or some other entity?... View Details
Keywords: by Dina Gerdeman; Health; Technology
  • 04 Jun 2007
  • Research & Ideas

Is Health Care Making You Better—or Dead?

system. The insurers would love for a private health insurance system to remain. I, too, think that's very important, but the easy way for it to remain is to offer just one... View Details
Keywords: by Sean Silverthorne; Health
  • 19 Feb 2019
  • First Look

New Research and Ideas, February 19, 2019

than prescriptions picked up at a pharmacy. Nevertheless, when home delivery is offered on an opt-in basis, the take-up rate is only 6%. We study a program that makes active choice of either home delivery or pharmacy pick-up a requirement for View Details
Keywords: Sean Silverthorne
  • 09 Apr 2014
  • Research & Ideas

A Playbook for Small-Business Job Creation

to capital, which was a primary focus of hers at the SBA. Spreading The Wealth Having spent over 25 years in private equity and venture capital firms before becoming SBA Administrator, Mills has perspective on challenges and opportunities... View Details
Keywords: by Carmen Nobel; Banking; Financial Services
  • 21 Dec 2009
  • Research & Ideas

Good Banks, Bad Banks, and Government’s Role as Fixer

the largest investors in bonds—banks, insurance companies, and mutual funds—aren't willing to pay because they think they do a much better job than the rating agencies. What I propose is a neutral third-party approach to ratings. The SEC... View Details
Keywords: by Roger Thompson; Banking; Financial Services
  • 11 May 2010
  • First Look

First Look: May 11

United States, expanding coverage and regulating insurers. However, it was not clear that expanding coverage would resolve a longstanding dilemma of rising costs for insurance and care. As the Department of Health and Human Services... View Details
Keywords: Martha Lagace
  • 09 Sep 2013
  • Lessons from the Classroom

Teaching Climate Change to Skeptics

still just a correlation.' My second argument is to then ask whether the correlation is persuasive enough to at least want to buy an insurance policy against the possibility that it is actually causal. That is, even if you believe there... View Details
Keywords: by Carmen Nobel
  • 24 Sep 2013
  • First Look

First Look: September 24

assets in order to achieve higher yields-is believed to be an important factor contributing to the credit cycle. This paper analyses this phenomenon in the corporate bond market. Specifically, we show evidence for reaching for yield among View Details
Keywords: Sean Silverthorne
  • 15 Nov 2016
  • First Look

November 15, 2016

Falato, Antonio, and David Scharfstein Abstract—We present evidence that pressure to maximize short-term stock prices and earnings leads banks to increase risk. We start by showing that banks increase risk when they transition from View Details
Keywords: Sean Silverthorne
  • 30 Sep 2014
  • First Look

First Look: September 30

Governance Codes in Context: How States, Markets, and Civil Society Shape Adherence to Global Labor Standards By: Toffel, Michael W., Jodi L. Short, and Melissa Ouellet Abstract—Transnational business regulation is increasingly implemented through View Details
Keywords: Sean Silverthorne
  • 03 Sep 2020
  • Op-Ed

Why American Health Care Needs Its Own SEC

services of unknown quality. The lack of transparency protects providers and insurers from needing to compete on the price and quality of their services. Lack of competition, in turn, inflates the cost and probably also diminishes the... View Details
Keywords: by Regina E. Herzlinger; Health
  • 05 Oct 2010
  • First Look

First Look: October 5, 2010

risk implied by the need to roll over its debt more often. We then extend the model to allow private financial intermediaries to compete with the government in the provision of money-like claims. We argue that if there are negative... View Details
Keywords: Sean Silverthorne
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