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  • All HBS Web  (2,443)
    • People  (3)
    • News  (457)
    • Research  (1,627)
    • Events  (13)
    • Multimedia  (7)
  • Faculty Publications  (871)
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  • December 2010
  • Article

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; Motivation and Incentives; Inflation and Deflation; System Shocks; Taxation; Risk and Uncertainty; Framework; Problems and Challenges; Interest Rates; Cost; Developing Countries and Economies; Service Operations
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Alfaro, Laura, and Fabio Kanczuk. "Nominal versus Indexed Debt: A Quantitative Horse Race." Journal of International Money and Finance 29, no. 8 (December 2010): 1706–1726. (Also Harvard Business School Working Paper No. 05-053 and NBER Working Paper No. 13131.)
  • Web

Diversity on Teams: Our Own Harvest - Race, Gender & Equity

cannot be overstated. When we question assumptions, we disturb the unchecked premises that sabotage our goals. If most people gain employment via social connections and the vast majority of social circles... View Details
  • 05 May 2011
  • Research & Ideas

How ‘Political Voice’ Empowers the Powerless

reported crimes against another disadvantaged social class in India: the Scheduled Castes. The SCs encompass members of the lowest tiers of the Hindu caste system that dominated India's View Details
Keywords: by Maggie Starvish
  • 01 Mar 2017
  • Research & Ideas

A Good Thing Happens When Doctors Start Talking to Their Patients

condition—to patients and society—than it should be.” By some estimates, about 10 percent of costs in the health care system are due to diabetes-related procedures. “If you had a diabetes center giving patients a diabetes boot camp and... View Details
Keywords: by Michael Blanding; Health
  • 01 Jun 1999
  • News

Short Takes

Reinhardt writes that for a company to be sustainable, it must have a strategy or development path that maintains an undiminished level of net assets. He argues that if the prices in the firm's accounting systems are the correct ones, the... View Details
Keywords: Judith A. Ross
  • 23 Dec 2002
  • Research & Ideas

Setting the Stage: A Young Scholar at HBS

healthcare industry. Wadhwani earned his Ph.D. in history at the University of Pennsylvania, where his research focused on the institutional and regulatory origins of popular banking in the United States. He has received awards and fellowships for his work from the... View Details
Keywords: by Laura Linard; Banking; Financial Services
  • Student-Profile

Ryann Noe

close, and to develop her own lens through which to view these topics. “Organizational systems have a mixture of simplicity and complexity that’s always compelled me,” she says. “There are fundamental constraints, but there is also room... View Details
  • 01 Oct 1996
  • News

New Releases

vision has resulted in many financially driven companies becoming more mission-oriented. In this changing climate, HBS professor Robert Kaplan and David Norton (DBA '73), president of Renaissance Solutions, offer a performance measurement View Details
  • Profile

Rawiah Abdallah

even before I graduated." A campus presentation introduced her to the school, the case method, and the Social Enterprise Initiative, which especially impressed her. "My friends at NGOs felt they weren't getting much professional... View Details
  • 26 Apr 2022
  • News

Leading on Climate Change

role as a leader is “educating the public, through frequent communication, including via social media” as well as through the example she sets with her own personal actions. Polman, coauthor of Net Positive: How Courageous Companies... View Details
Keywords: Margie Kelley
  • Web

Student Spotlight: From Nigeria to HBS: Reigniting My Passion for Healthcare Innovation - Blog: Health Supplement

encountered a different set of challenges—ones that made me realize the universal complexities of delivering care. These early experiences planted a seed in me: a deep desire to improve healthcare systems and make a meaningful impact.... View Details
  • Web

2018 Symposium - Race, Gender & Equity

and facilitator training. Flora passionately advocates for the benefits of experiential learning. She has designed, directed, and staffed many experiential conferences, simulations, and retreats for executives on the dynamics of organizational life using View Details
  • November 2010 (Revised June 2015)
  • Teaching Note

B Lab: Building a New Sector of the Economy, B Lab: Can it Scale Business as a Force for Good?

By: Christopher Marquis and Bobbi Thomason
Teaching Note for 411047 and 415080 View Details
Keywords: Change; Problems and Challenges; Welfare or Wellbeing; Value; Emerging Markets; Management Practices and Processes; Balance and Stability; Corporate Social Responsibility and Impact
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Marquis, Christopher, and Bobbi Thomason. "B Lab: Building a New Sector of the Economy, B Lab: Can it Scale Business as a Force for Good?" Harvard Business School Teaching Note 411-073, November 2010. (Revised June 2015.)
  • 25 May 2015
  • Blog Post

RapidSOS Wins the HBS New Venture Competition

interested in participating in the contest can pursue one of two tracks: the “Business Track” for ventures with economic returns or the “Social Enterprise Track” for ventures that drive social change.  Teams choosing to pursue the... View Details
  • 02 Jul 2019
  • Blog Post

Fast-track to Better Outcomes: Yoonjin Min and RapidSOS

number of projects for hospital systems and pharmacies, then, inspired by the opportunity to explore health in a larger context, joined Gavi, the Vaccine Alliance. An international organization affiliated with WHO and UNICEF, Gavi... View Details
Keywords: Health Care; Technology
  • 23 Jun 2015
  • First Look

First Look: June 23, 2015

  Publications Forthcoming National Bureau of Economic Research Innovation Policy and the Economy, Volume 16 By: Lerner, Josh, and Scott Stern Abstract—No abstract available. Publisher's link: http://papers.nber.org/books/lern15-1 2015 International Encyclopedia of the... View Details
Keywords: Sean Silverthorne
  • 16 Feb 2012
  • Op-Ed

Nitin Nohria: Why US Competitiveness Matters

that our friends abroad cheer for America with foreboding and pessimism, the way sports fans nervously pull for a team whose lead is slimming and whose energy is fading. These outsiders recognize that the system of democratic capitalism... View Details
Keywords: by Nitin Nohria
  • 26 Apr 2011
  • Op-Ed

HBS Faculty Comment on Environmental Issues for Earth Day

Earth Day focuses the world's attention on the both the dangers and opportunities facing the planet. But sustainability and the intersection between business and the environment are issues that need to be addressed all the time, as cities grow, resources diminish, and... View Details
Keywords: by Staff; Energy; Utilities
  • 02 Apr 2015
  • Research & Ideas

Digital Initiative Summit: Who Has the Power in the Music Industry?

new environment? To the latter question, Sider suggested that musicians need to learn a new set of skills. "If you're a musician and you were coming out 20 years ago, you would have had to go through a rigid system to distribute your... View Details
Keywords: Re: Felix Oberholzer-Gee; Music
  • 27 Sep 2004
  • Research & Ideas

How Leaders Build Winning Streaks

ensure accountability, cultivate collaboration, and encourage initiative. Individual and system accountability. Jim Kilts said it best: "A promise made is a promise kept." As we have seen, confidence is enhanced when people are... View Details
Keywords: by Rosabeth Moss Kanter
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