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  • 25 Jul 2016
  • Working Paper Summaries

Bias in Official Fiscal Forecasts: Can Private Forecasts Help?

Keywords: by Jeffrey A. Frankel and Jesse Schreger
  • 12 Jul 2016
  • First Look

July 12, 2016

Calibrating the model to data from the Financial Accounts of the U.S., the optimal capital requirement is around 20%. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=51305 Bias in Official Fiscal Forecasts: Can Private Forecasts Help? By:... View Details
Keywords: Sean Silverthorne
  • 01 Dec 1999
  • News

African-American Alumni Conference Considers Success and the Bottom Line

Bynoe (MBA '75/JD '76) and cochairs Gregory A. White (MBA '90) and Jeffrey S. Perry (MBA '91), the conference brought together African-American... View Details
Keywords: Mary Ellen Gardner
  • Web

Organizational Behavior - Doctoral

Tsedal Neeley Michael I. Norton Leslie A. Perlow Jeffrey T. Polzer Ryan L. Raffaelli Lakshmi Ramarajan James W. Riley Clayton S. Rose Raffaella Sadun Emily Truelove Michael L. Tushman Ashley V. Whillans... View Details
  • Web

Business Economics - Doctoral

lens of business. Jointly administered by HBS and the Department of Economics in the Faculty of Arts and Sciences, the program combines theoretical analysis with in-depth,... View Details
  • Web

Placement - Doctoral

studies, are uniquely individualized. Factors like departmental fit, location preferences, dual career choices, and family needs shape these decisions. We celebrate when students secure a position that brings them joy! Students are... View Details
  • Web

Students on the Job Market - Doctoral

many migrants. The restrictions decreased annual welfare by $292m NZD — 30% of migrants' earnings — largely because migrants could not move to firms which they preferred for non-pecuniary reasons. Faculty Advisor(s): View Details
  • 2016
  • Working Paper

Bias in Official Fiscal Forecasts: Can Private Forecasts Help?

By: Jeffrey A. Frankel and Jesse Schreger
Government forecasts of GDP growth and budget balances are generally more over optimistic than private sector forecasts. When official forecasts are especially optimistic relative to private forecasts ex ante, they are more likely also to be over optimistic relative to... View Details
Keywords: Forecasting and Prediction; Macroeconomics
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  • 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... View Details
Keywords: Sean Silverthorne
  • 20 Sep 2016
  • First Look

September 20, 2016

of Monetary Policy By: Du, Wenxin, Carolin E. Pflueger, and Jesse Schreger Abstract—Nominal debt provides consumption-smoothing benefits if it can be inflated away during... View Details
Keywords: Sean Silverthorne
  • Web

Accounting & Management Awards & Honors - Faculty & Research

Accounting Literature Award from the American Accounting Association (AAA) for “Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods” ( The Accounting Review , May 2008)... View Details
  • Web

Teacher Profiles - Case Method Project

Accelerated U.S. and World History MA Chris Kurhajetz Winchester High School Winchester, MA Subjects: American Studies OR Jesse Kurtz-Nicholl Bend Senior High School Bend, OR IL Cheryl Kyrias Lake Forest... View Details
  • Web

Partners - Case Method Project

Centre, MA Subjects: Advanced College Prep U.S. History, Psychology, “Race, Class, and Gender” MA 92 of 159 Jeffrey Lemler Dartmouth High School South Dartmouth, MA MA 93 of 159 Ryan Liacos Wellesley High... View Details
  • Web

Organizational Behavior Awards & Honors - Faculty & Research

Boris Groysberg : Named a Top 100 HR Tech Influencer by Human Resource Executive and the HR Technology Conference in 2020. Linda A. Hill : Awarded #5 in the Top 20 MIT Sloan... View Details
  • 28 Aug 2012
  • First Look

First Look: August 28

Link between Non-financial and Financial Performance in One Space Authors: Robert G. Eccles, Jess Schulschenk, and George Serafeim Publication: In Making Investment Grade: The... View Details
Keywords: Sean Silverthorne
  • Web

Harvard Business School

Broadcast executive and businessman W. Don Cornwell was hired by Goldman Sachs in 1971 and later promoted to chief operating officer of the investment banking division's... View Details
  • Web

Rock 100: The Summit - Entrepreneurship

recommended reading lists Hand-picked resources for the questions and concerns raised by the Rock 100 founders at the Summit can be found at the links below: B2B Marketing Aligning Strategy View Details
  • 01 Dec 2016
  • News

Alumni Books of 2016

institutional racism. This book uncovers, frames, and connects the dots of a historical narrative that defines the vision and values class on the Island as well as the Age of Brooke View Details