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Publications

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  • All HBS Web  (414)
    • News  (76)
    • Research  (241)
    • Multimedia  (2)
  • Faculty Publications  (106)

Show Results For

  • All HBS Web  (414)
    • News  (76)
    • Research  (241)
    • Multimedia  (2)
  • Faculty Publications  (106)
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  • 15 Nov 2016
  • First Look

November 15, 2016

will be critical to their success. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=51813 Fiscal Rules and Sovereign Default By: Alfaro, Laura, and Fabio Kanczuk Abstract—We provide a quantitative analysis of fiscal rules in a standard model of... View Details
Keywords: Sean Silverthorne
  • 08 May 2012
  • First Look

First Look: May 8

activity between strategic (operating firms) and financial (private equity) acquirers. What are the economic factors that drive either financial or strategic buyers to dominant positions in M&A activity? We introduce debt market... View Details
Keywords: Carmen Nobel
  • 15 Jul 2008
  • First Look

First Look: July 15, 2008

Theory of Corporate Debt Maturity Choice Authors:Robin Greenwood, Jeremy C. Stein, and Samuel Hanson Abstract We argue that time-series variation in the maturity of aggregate corporate debt issues arises... View Details
Keywords: Martha Lagace
  • 29 Jan 2019
  • First Look

New Research and Ideas, January 29, 2019

was roughly half as large as prior estimates have suggested. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=55509 Fiscal Rules and Sovereign Default By: Alfaro, Laura, and Fabio Kanczuk Abstract— Recurrent concerns over View Details
Keywords: Dina Gerdeman
  • 22 Dec 2015
  • First Look

December 22, 2015

2015 The $13 Trillion Question: How America Manages Its Debt The Optimal Maturity of Government Debt By: Greenwood, Robin, Samuel Gregory Hanson Abstract—No abstract available. Publisher's link:... View Details
Keywords: Carmen Nobel
  • 24 Feb 2003
  • Research & Ideas

In Troubled Africa, Botswana Flowers

given the government time to get solid growth underway. The country has invested seriously in its infrastructure, both physical and human. They have poured money into education, healthcare, water, roads, and the like. Botswana has been careful to avoid the View Details
Keywords: by Cynthia Churchwell
  • 10 Jan 2005
  • Research & Ideas

Professors Introduce Valuation Software

tool? Paul Healy: The tool was first developed to show students who were taking BAV how discounted cash flow (DCF) and earnings-based valuations work and can be reconciled. Over time, based on feedback from View Details
Keywords: by 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 View Details
Keywords: Martha Lagace
  • 29 May 2008
  • Research & Ideas

Global Change in the Built Environment

class because of its large component of current income and cash flow. The three big trends in the industry are securitization, globalization, and environmentalism. The securitization markets on both the debt and equity sides are being... View Details
Keywords: by Arthur Segel; Construction; Real Estate
  • 20 May 2014
  • First Look

First Look: May 20

developing countries considering both creditor and debtor side of the international debt transactions. Using these measures, we demonstrate that sovereign-to-sovereign transactions account for upstream capital flows and global imbalances.... View Details
Keywords: Sean Silverthorne
  • 24 Sep 2013
  • First Look

First Look: September 24

time series. While loan issuance falls in recessions, it is not clear if this is due to demand or supply. We address this question by studying firms' substitution between bank debt and non-bank debt (public... View Details
Keywords: Sean Silverthorne
  • 25 Mar 2014
  • First Look

First Look: March 25

outstanding. The increased debt from the deal would increase the risk to the company and to the existing bonds, and the bonds' prices would fall significantly as a result. Students can use discounted cash... View Details
Keywords: Sean Silverthorne
  • 09 Jun 2003
  • Research & Ideas

Around the World of Entrepreneurial Ventures

Walter Kuemmerle. These realities include the importance of local context and the need to adhere to a global perspective on opportunities and access to resources. These same issues provide fascinating research fodder for the course he teaches to Harvard Business School... View Details
Keywords: by Martha Lagace
  • 21 Oct 2008
  • First Look

First Look: October 21, 2008

disciplinary boundaries. The Doctoral Consortium at the Design Science Research Conference in Information Sciences and Technology (DESRIST) was an important milepost in their evolution. It provided a forum where students and leading... View Details
Keywords: Martha Lagace
  • 05 Oct 2010
  • First Look

First Look: October 5, 2010

and recovery to be associated with increases in orders from Hugo Boss's retailer customers Download the paper: http://www.hbs.edu/research/pdf/11-034.pdf A Comparative-Advantage Approach to Government Debt Maturity Authors:Robin... View Details
Keywords: Sean Silverthorne
  • 11 Oct 2016
  • First Look

October 11, 2016

Wenxin, and Jesse Schreger Abstract—Nominal debt provides consumption-smoothing benefits if it can be inflated away during recessions. However, we document empirically that countries with more countercyclical inflation, where nominal... View Details
Keywords: Sean Silverthorne
  • 13 Sep 2011
  • First Look

First Look: September 13

capital flows—both debt and equity—into public and private components and study their relationship with productivity growth. This exercise reveals that international capital flows are mainly shaped by government decisions and sovereign to... View Details
Keywords: Sean Silverthorne
  • 20 Aug 2013
  • First Look

First Look: August 20

12, 2012, BH Media Group, a subsidiary of Warren Buffett's Berkshire Hathaway, announced an offer to buy Media General's (MEG) newspaper division for $142 million in cash and provide debt financing to the struggling firm. Reactions from... View Details
Keywords: Anna Secino
  • 13 Jun 2017
  • Research & Ideas

Why Global Investments Are Still a Good Bet

risks of investing abroad.” Home bias is short-sighted In a recently released working paper, however, Viceira argues that such an investment strategy may be unwise for investors in the long run—not to mention damaging to the global economy overall. Written with HBS... View Details
Keywords: by Michael Blanding; Financial Services
  • 24 Jul 2013
  • Op-Ed

Detroit Files for Bankruptcy: HBS Faculty Weigh In

Chicago's difficult decision recently to close a number of schools, given that there were too many facilities for too few students. The goal is for the remaining students to thrive with more resources per capita, with a focus on... View Details
Keywords: by John Macomber, Robert C. Pozen, Eric D. Werker & Benjamin Kennedy; Auto
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