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Impact-Weighted Financial Accounts: A Paradigm Shift - Ethan Rosen and George Serafeim
2021, Paper: "The last decade has seen an expo nential increase in corporate sus tainability activities and efforts by investors to use these activi ties in their portfolio formation, valuation, and ...
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Should race be used in determining risk for disease? Yes. And no.
Age, gender, and lifestyle are key factors in predicting risks for illnesses like cancer and heart disease, but adding race ...
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Esteban Morales Herrera’s career journey has been one of relentless dedication to uncovering truth and fostering peace in conflict zones. In 2018, he joined the Truth Commission in Colombia, a crucial ...
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A Reconsideration of Fiscal Policy in the Era of Low Interest Rates - Jason Furman and Lawrence Summers
November 30, 2020, Paper: "The last generation has witnessed an epochal decline in real interest rates in the United States and around the world despite large buildups of government debt. As Table 1 ...
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The Prophet - Lawrence Summers
November 2021, Interview: "TIE Founder and Editor David Smick interviews Larry Summers, the former Clinton Treasury secretary, top Obama economic adviser, and Harvard president. Summers’ recent ...
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Fiscal policy responses to economic inequality - Jason Furman
May 24, 2020, Paper, "Outside of direct fiscal policy effects, the rise in inequality may be attributed to the demand for highly skilled labor rising more rapidly than its supply, as well as to ...
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A Brief History of Default - Edwin Truman
Noevember 2021, Opinion: "Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener present a valuable, detailed account of the evolution of public debt instruments and institutions ...
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Stock Market Wealth and the Real Economy: A Local Labor Market Approach - Gabriel Chodorow-Reich
April 2021, Paper: "We provide evidence of the stock market wealth effect on consumption by using a local labor market analysis and regional heterogeneity in stock market wealth. An increase in local ...
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Rebirth of Industrial Policy and an Agenda for the 21st Century
November 2019, Paper: "After a period of decline in interest and premature predictions of demise, industrial policy is back on the scene. A variety of trends have contributed to the renewed interest.
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Rethinking Exchange Rate Regimes - Carmen Reinhart and Kenneth Rogoff
September 21, 2021, Book Chapter: "This paper employs an updated algorithm and database for classifying exchange rate and anchor currency choice, to explore the evolution of the global exchange rate ...
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Business Reopening Decisions and Demand Forecasts During the COVID-19 Pandemic - Zoe B. Cullen, Christopher Stanton, Michael Luca, Edward Glaeser
June 2020, Paper, "How quickly will American businesses reopen after COVID-19 lockdowns end? We use a nationwide survey of small businesses to measure firms’ expectations about their re-opening and ...
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The Surrogate Index: Combining Short-Term Proxies to Estimate Long-Term Treatment Effects More Rapidly and Precisely
November 2019, Paper, "A common challenge in estimating the long-term impacts of treatments (e.g., job training programs) is that the outcomes of interest (e.g., lifetime earnings) are observed with a ...