Publications

Educators

30 Jan 2018
Working Paper Summaries

Credit Supply Shocks, Network Effects, and the Real Economy

Keywords: by Laura Alfaro, Manuel García, and Enrique Moral-Benito

2019
Working Paper

Labor Market Shocks and the Demand for Trade Protection: Evidence from Online Surveys

By: Rafael Di Tella and Dani Rodrik

We study preferences for government action in response to layoffs resulting from different types of labor-market shocks. We consider the following shocks: technological change, a demand shift, bad management, and three kinds of international outsourcing. Respondents... View Details

Keywords: Labor; Markets; System Shocks; Trade; Attitudes; Surveys

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May 22, 2011
Article

Why Balanced Funds are Better

By: Robert C. Pozen

Keywords: Money; Balance and Stability

Article

Representative Democracy and the Implementation of Majority-Preferred Alternatives

By: Katherine Baldiga Coffman

In this paper, we contrast direct and representative democracy. In a direct democracy, individuals have the opportunity to vote over the alternatives in every choice problem the population faces. In a representative democracy, the population commits to a candidate ex... View Details

Keywords: Economic Systems; Voting; Decision Choices and Conditions

13 Oct 2008 - 14 Oct 2008
Conference Presentation

Future of Market Capitalism: Global Growth

By: Joseph L. Bower

Keywords: Economic Systems; Markets; Global Range; Growth and Development

01 Mar 2011
News

Tax and Grow

© politicalcartoons.com/Jimmy Margulies With the U.S. economic recovery stuck in low gear and traditional monetary and fiscal policy options seemingly exhausted, now is a good time to consider more novel approaches to stimulating growth.... View Details

Keywords: Mihir A. Desai; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs

2022
Book

A Political Economy of Justice

By: Danielle Allen, Yochai Benkler, Leah Downey, Rebecca Henderson and Joshua Simons

Defining a just economy in a tenuous social-political time.
If we can agree that our current social-political moment is tenuous and unsustainable—and indeed, that may be the only thing we can agree on right now—then how do markets, governments, and people... View Details

Keywords: Political Economy; Social Justice; Capitalism; Business And Society; Economy; Society; Fairness; Economic Systems; Corporate Social Responsibility and Impact; United States

03 Aug 2009
Research & Ideas

Corporate Social Responsibility in a Downturn

Is the economic downturn affecting the willingness and readiness of companies to look at the economic, social, and environmental impact of their business practices? Or is this a perfect time to reassess current programs and adapt them to... View Details

Keywords: by Martha Lagace

1999
Chapter

Excess Capital Flows and the Burden of Inflation in Open Economies

By: M. A. Desai and James R. Hines Jr.

Keywords: Capital; International Finance; Inflation and Deflation; Economic Systems

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27 Mar 2014
News

From Marx to Marketing

steeped in decades of Marxism and anti-Western dogma. In 1990, the two men coauthored Behind the Factory Walls: Decision Making in Soviet and U.S. Enterprises, a book about US-USSR management systems that itself emerged from an... View Details

2006
Chapter

Corruption and the Demand for Regulating Capitalists

By: Rafael Di Tella and Robert MacCulloch

Keywords: Crime and Corruption; Governing Rules, Regulations, and Reforms; Economic Systems

2005
Working Paper

Nominal versus Indexed Debt: A Quantitative Horse Race

By: Laura Alfaro and Fabio Kanczuk

The main arguments in favor of and against nominal and indexed debt are the incentive to default through inflation versus hedging against unforeseen shocks. We model and calibrate these arguments to assess their quantitative importance. We use a dynamic equilibrium... View Details

Keywords: Borrowing and Debt; Taxation; Risk and Uncertainty; Inflation and Deflation; System Shocks; Developing Countries and Economies; Mathematical Methods

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30 May 2018
What Do You Think?

Should Intellectual Property be Protected in International Trade?

column. Addressing that question, David Wittenberg presented the argument for the negative when he commented that, “That idea (that government acquires an ownership interest in IP created within its borders) is inimical to our legal and View Details

Keywords: by James Heskett; Technology

29 May 2006
What Do You Think?

How Important Is the “Service Sector Effect” on Productivity?

contributing optimally to overall economic health? Has the U.S. gone too far? What obligations does this create for increasing service sector productivity? Do manufacturing-based economies have some kind of inherent advantage over... View Details

Keywords: by James Heskett; Service

01 Jun 2011
News

Four-Letter Word

according to the New York Times (February 1, 2011). Critics had believed that little of TARP’s $700 billion in emergency funding to prop up the financial system would ever be recouped. Miller was an investment banker at Goldman Sachs when... View Details

Keywords: Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs

Article

Interorganizational Ties and Business Group Boundaries: Evidence from an Emerging Economy

By: Tarun Khanna and Jan W. Rivkin

Keywords: Organizations; Groups and Teams; Boundaries; Information; Economy

02 Oct 2000
What Do You Think?

What Lies Beyond NAFTA?

essentials for economic development have long been, in Galbraith's words: "savings over current consumption to purchase capital; a progressive technology to embody or make use of the capital; a political and social View Details

Keywords: by James Heskett

December 1994 (Revised January 1996)
Case

Constructing a Nation: The United States and Their Constitution, 1763-1792

By: David A. Moss

Examines the founding of the United States of America during the second half of the eighteenth century. Focuses on: 1) the reasons why the American colonists rebelled against Britain (1763-1774); 2) the problems the new nation confronted during the War of Independence... View Details

Keywords: History; Economic Systems; Laws and Statutes; Property; Government Administration; United States

Educators