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Publications

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  • All HBS Web  (261)
    • News  (34)
    • Research  (200)
  • Faculty Publications  (146)

Show Results For

  • All HBS Web  (261)
    • News  (34)
    • Research  (200)
  • Faculty Publications  (146)
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  • 1991
  • Chapter

Effects of LBOs on Tax Revenues of the U.S. Treasury

By: Michael C. Jensen, Laura Stiglin and Steven N. Kaplan
Keywords: Leveraged Buyouts; Taxation; Sovereign Finance; United States
Citation
SSRN
Related
Jensen, Michael C., Laura Stiglin, and Steven N. Kaplan. "Effects of LBOs on Tax Revenues of the U.S. Treasury." In The Law of Mergers, Acquisitions, and Reorganizations, edited by D. A. Oesterle. St. Paul, MN: West Publishing Company, 1991. (Forthcoming in Management Revolution: The Legacy of the Market for Corporate Control, Harvard University Press.)
  • 1988
  • Chapter

Evaluation of Government Financial Incentives to Large Scale Energy Projects: A Contingent Claims Approach

By: Carliss Y. Baldwin and Scott P. Mason
Keywords: Energy; Projects; Motivation and Incentives; Sovereign Finance; Business and Government Relations; Mathematical Methods; Energy Industry
Citation
Related
Baldwin, Carliss Y., and Scott P. Mason. "Evaluation of Government Financial Incentives to Large Scale Energy Projects: A Contingent Claims Approach." In Advances in Futures and Options Research. 3 vols. Edited by F. Fabozzi. JAI Press, 1988.
  • August 2015
  • Article

A Comparative-Advantage Approach to Government Debt Maturity

By: Robin Greenwood, Samuel G. Hanson and Jeremy C. Stein
We study optimal government debt maturity in a model where investors derive monetary services from holding riskless short-term securities. In a setting where the government is the only issuer of such riskless paper, it trades off the monetary premium associated with... View Details
Keywords: Sovereign Finance; Debt Securities
Citation
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Greenwood, Robin, Samuel G. Hanson, and Jeremy C. Stein. "A Comparative-Advantage Approach to Government Debt Maturity." Journal of Finance 70, no. 4 (August 2015): 1683–1722. (2015 Brattle Group Distinguished Paper for an outstanding corporate finance paper published in the Journal of Finance. Internet Appendix Here.)
  • 07 Jun 2016
  • First Look

June 7, 2016

closed question–based surveys. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=50727 June 2016 Journal of Finance Local Currency Sovereign Risk By: Du, Wenxin, and Jesse Schreger Abstract—We... View Details
Keywords: Sean Silverthorne
  • 01 Sep 2015
  • First Look

First Look -- September 1, 2015

research in finance and economics. We propose two tests to evaluate how well measures of financial constraints actually capture constraints. We find that firms typically classified as constrained do not in fact behave as if they were... View Details
Keywords: Sean Silverthorne
  • 13 Jun 2017
  • Research & Ideas

Why Global Investments Are Still a Good Bet

money when those shocks occur. “They should be less concerned about that, because they can ride out those waves,” says Viceira. Thus, for investors looking beyond a 10- to 20-year time frame—including individuals saving for retirement, college endowments, foundations,... View Details
Keywords: by Michael Blanding; Financial Services
  • November 2005
  • Teaching Note

Japan: Deficits, Demography and Deflation (TN)

By: Richard H.K. Vietor
Keywords: Sovereign Finance; Demographics; Inflation and Deflation; Japan
Citation
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Vietor, Richard H.K. "Japan: Deficits, Demography and Deflation (TN)." Harvard Business School Teaching Note 706-020, November 2005.
  • November 1999 (Revised May 2000)
  • Supplement

Data Supplement: Post-War US Economic Statistics

By: Julio J. Rotemberg and Cherie Nursalim
Supplements Tax Cut of 1964 (9-382-078), Nixon's Economic Strategy--1969 (8-378-258), and The Reagan Plan (9-381-173). View Details
Keywords: History; Sovereign Finance; Development Economics; Mathematical Methods; Taxation; Policy; Government Administration; Macroeconomics; United States
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Rotemberg, Julio J., and Cherie Nursalim. "Data Supplement: Post-War US Economic Statistics." Harvard Business School Supplement 700-070, November 1999. (Revised May 2000.)
  • 15 Sep 2017
  • Working Paper Summaries

Debt Redemption and Reserve Accumulation

Keywords: by Laura Alfaro and Fabio Kanczuk
  • 24 Jun 2014
  • First Look

First Look: June 24

http://hbr.org/product/collective-genius-the-art-and-practice-of-leading-innovation/an/13296E-KND-ENG?referral=01240 August 2013 Harvard Business Law Review Sovereign Debt Restructuring: Evaluating the Impact of the Argentina Ruling By:... View Details
Keywords: Sean Silverthorne
  • 18 Sep 2007
  • First Look

First Look: September 18, 2007

  Working PapersOptimal Reserve Management and Sovereign Debt Authors:Laura Alfaro and Fabio Kanczuk Abstract Most models currently used to determine optimal foreign reserve holdings take the level of international debt as given. However,... View Details
Keywords: Martha Lagace
  • 24 Jul 2013
  • Op-Ed

Detroit Files for Bankruptcy: HBS Faculty Weigh In

and new construction. On the other hand, well-managed public-private partnerships, where the private sector funds, builds, and operates key public infrastructure, can shift the capital requirement from municipalities to the private sector. When there are adequate... View Details
Keywords: by John Macomber, Robert C. Pozen, Eric D. Werker & Benjamin Kennedy; Auto
  • 20 Feb 2018
  • First Look

First Look at New Research and Ideas, February 20, 2018

American tradition of a well-regulated society with the legacy of Gilded Age laissez-faire capitalism produced the modern American regulatory state. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=48304 forthcoming Review of View Details
Keywords: Sean Silverthorne
  • 1994
  • Other Unpublished Work

The Federal Budget and the States: Fiscal Year 1993

By: Dutch Leonard and Monica E. Friar
Keywords: Sovereign Finance; Budgets and Budgeting; Government and Politics; United States
Citation
Related
Leonard, Dutch, and Monica E. Friar. "The Federal Budget and the States: Fiscal Year 1993." Taubman Center for State and Local Government, Washington, D.C., January 1994.
  • 1997
  • Other Unpublished Work

The Federal Budget and the States: Fiscal Year 1996

By: Dutch Leonard and Jay H. Walder
Keywords: Sovereign Finance; Budgets and Budgeting; Government and Politics; United States
Citation
Related
Leonard, Dutch, and Jay H. Walder. "The Federal Budget and the States: Fiscal Year 1996." Taubman Center for State and Local Government, Washington, D.C., January 1997.
  • 1998
  • Other Unpublished Work

The Federal Budget and the States: Fiscal Year 1997

By: Dutch Leonard and Jay H. Walder
Keywords: Sovereign Finance; Budgets and Budgeting; Government and Politics; United States
Citation
Related
Leonard, Dutch, and Jay H. Walder. "The Federal Budget and the States: Fiscal Year 1997." Taubman Center for State and Local Government, Washington, D.C., January 1998.
  • 06 Jan 2010
  • What Do You Think?

Is a Stringent Climate Change Agreement a Pot of Gold?

to lead the way, forcing other countries to act with or without an agreement? And should countries that will benefit most from the entrepreneurial opportunity, as Bharath Krishnan and Ajay Kumar Gupta implied, help finance others? What do... View Details
Keywords: by Jim Heskett; Energy; Utilities
  • June 2010 (Revised July 2012)
  • Supplement

Dubai: Debt, Development, and Crisis (C)

By: Aldo Musacchio, Andrew Christopher Goodman and Claire K. Qureshi
On November 25, 2009, the city state of Dubai stunned markets by announcing that Dubai World, its flagship state holding company, would seek a six month "standstill" on at least $4 billion U.S. dollars of its $26 billion in debt obligations. This case describes Dubai's... View Details
Keywords: Finance; Investment; Emerging Markets; Trade; Insolvency and Bankruptcy; Development Economics; Financial Crisis; State Ownership; Sovereign Finance; Business Strategy; Dubai
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Musacchio, Aldo, Andrew Christopher Goodman, and Claire K. Qureshi. "Dubai: Debt, Development, and Crisis (C)." Harvard Business School Supplement 710-071, June 2010. (Revised July 2012.)
  • 14 Oct 2019
  • Working Paper Summaries

Undisclosed Debt Sustainability

Keywords: by Laura Alfaro and Fabio Kanczuk
  • July 2002 (Revised February 2003)
  • Case

Fresh Start? Peru's Legacy of Debt and Default (A)

By: Julio J. Rotemberg and Lisa Lewis
Considers the situation facing Alberto Fujimori as he takes office in 1990. Pays particular attention to Peru's long history of international borrowing, default, and renegotiation. This history suggests that the costs imposed by foreigners on Peru when it failed to... View Details
Keywords: History; International Finance; Sovereign Finance; Economy; Borrowing and Debt; Peru
Citation
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Rotemberg, Julio J., and Lisa Lewis. "Fresh Start? Peru's Legacy of Debt and Default (A)." Harvard Business School Case 703-001, July 2002. (Revised February 2003.)
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