Publications

01 Dec 2007
News

The Wise Men

have a long break-in period: I got out of the Navy on a Thursday before Memorial Day. A week from that Monday we had moved to Boston, and I had two sections of Finance for the summer session.” A native of West Virginia, Charlie Williams... View Details

Keywords: Garry Emmons;Julia Hanna

January 2010 (Revised March 2011)
Case

Ben Bernanke: Person of the Year?

By: Lakshmi Iyer and Matthew C. Weinzierl

In response to the economic and financial crisis of 2008–2009, the Federal Reserve greatly expanded the scale and scope of its activities. Though lauded by many experts for its actions, the Fed and its chairman, Ben Bernanke, faced harsh criticism from some public... View Details

Keywords: Financial Crisis; Central Banking; Governance Controls; Policy; Crisis Management; Power and Influence; Public Administration Industry; United States

27 Apr 2010
First Look

First Look: April 27

ideas across academic communities. The Predictive Value of Accruals and Consequences for Market Anomalies Authors:Francois Brochet, Seunghan Nam, and Joshua Ronen Publication:The Journal of Accounting, Auditing and Finance (forthcoming)... View Details

Keywords: Martha Lagace

14 Oct 2013
Research & Ideas

Time that Government Reopens for Business

Summers as the successor to Ben Bernanke. That saga left many people in business and finance concerned. If politicians in Washington, DC, are having an argument about something as do-or-die as the debt ceiling, they thought, what are the... View Details

Keywords: by Jim Aisner

25 Sep 2012
First Look

First Look: September 25

Sector from 'Preventing Regulatory Capture: Special Interest Influence, and How to Limit It' Authors: Daniel Carpenter, David Moss, and Melanie Wachtell Stinnett Publication: Chap. 3 in The Making of Good Financial Regulation: Towards a View Details

Keywords: Sean Silverthorne

02 Aug 2016
First Look

August 2, 2016

The Unintended Consequences of the Zero Lower Bound Policy By: Di Maggio, Marco, and Marcin Kacperczyk Abstract—We study the impact of the zero lower bound interest rate policy on the industrial organization... View Details

Keywords: Sean Silverthorne

18 Sep 2018
First Look

New Research and Ideas, September 18, 2018

critical role in university admissions across the world. A key question is whether imposing penalties for wrong answers on these exams deters guessing from women more than men, disadvantaging female test takers. We consider data from a large-scale, high-stakes View Details

Keywords: Dina Gerdeman

26 Jan 2016
First Look

January 26, 2016

90th percentile of corruption are much lower across the board. We make progress towards causality through Granger-style tests and by considering periphery counties where effective tax policy is largely driven by bordering states. Finally,... View Details

Keywords: Sean Silverthorne

24 Oct 2012
Research & Ideas

Want People to Save More? Send a Text

safety net for emergencies, but also would reduce financial stress and improve their quality of life. "In the private sector, a lot of startups fail, and the market provides a signal about whether the product is viable," says Pomeranz, whose research focuses... View Details

Keywords: by Kim Girard

31 Aug 2020
Research & Ideas

State and Local Governments Peer Into the Pandemic Abyss

can explain over 660,000 of the state and local government jobs lost in April, about two-thirds of the total observed declines.” In their research, Green, an assistant professor in the Finance Unit at Harvard Business School, and... View Details

Keywords: by Kristen Senz

08 Apr 2015
What Do You Think?

Are Technology Companies Ripe for Disruption?

little of the policy issues, product discussions, and even general news coming out of the tech world. That's my problem. I need to fix it by doing what Jack Welch asked all of his senior colleagues at GE to do: find a mentor no older than... View Details

Keywords: by James Heskett; Computer; Technology

July 2024 (Revised January 2025)
Case

Dynamic Pricing at Wendy’s: Where’s the Beef?

By: Elie Ofek, Alicia Dadlani and Martha Hostetter

In early 2024, Wendy’s new CEO announced on an earnings call that the company would install digital menus in its US locations so it could begin testing dynamic pricing—changing prices up or down in response to shifts in supply and demand – as well as allow engaging in... View Details

Keywords: Dynamic Pricing; Marketing Strategy; Price; Technology Adoption; Consumer Behavior; AI and Machine Learning; Customer Focus and Relationships; Policy; Food and Beverage Industry

January 2001
Background Note

Country Analysis in a "Global Village"

By: Bruce R. Scott

Substantially rewritten to establish the relevance of countries in the global context. It does so in terms of their differing economic performance in recent decades, and also by contrasting those that have "converged" toward the rich country norm (as theory would... View Details

Keywords: Globalized Economies and Regions; Macroeconomics; Trade; Business Strategy; Performance Evaluation; Industry Growth; Currency; Policy; Development Economics