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    MacroeconomicsRemove Macroeconomics →

    New research on macroeconomics from Harvard Business School faculty on issues including how the Chinese Communist Party used land supply as a key tool of macroeconomic expansion and contraction, why federal spending in states appears to cause local businesses to cut back rather than grow, and why the GDP is not an accurate measure of economic growth.
    Page 1 of 8 Results
    • 07 Jan 2019
    • Research & Ideas

    The Better Way to Forecast the Future

    by Roberta Holland

    We can forecast hurricane paths with great certainty, yet many businesses can't predict a supply chain snafu just around the corner. Yael Grushka-Cockayne says crowdsourcing can help. Open for comment; 0 Comments.

    • 04 Mar 2016
    • Working Paper Summaries

    Credit-Market Sentiment and the Business Cycle

    by David Lopez-Salido, Jeremy C. Stein, and Egon Zakrajsek

    Using United States data from 1929 to 2013, Jeremy C. Stein and colleagues emphasize the role of credit-market sentiment as an important driver of the business cycle.

    • 10 Feb 2016
    • Working Paper Summaries

    Land Institutions and Chinese Political Economy: Institutional Complementarities and Macroeconomic Management

    by Meg Rithmire

    This paper shows the ways in which the Chinese Communist Party (CCP) has used land as a policy tool. CCP leaders intentionally reorganized fiscal, financial, and land institutions to put land at the center of local government finances in the mid-1990s. Since the late 1990s, the CCP has used the land supply as a key tool of macroeconomic expansion and contraction. Local officials act as agents of the center: pursuing land development when pushed to so do by central authorities concerned about managing economic growth.

    • 10 Dec 2015
    • Working Paper Summaries

    The Probability of Rare Disasters: Estimation and Implications

    by Emil N. Siriwardane

    Emil Siriwardane analyzes the probability for risk of large-scale financial disasters.

    • 24 May 2010
    • Research & Ideas

    Stimulus Surprise: Companies Retrench When Government Spends

    by Sean Silverthorne

    Research from Harvard Business School suggests that federal spending in states appears to cause local businesses to cut back rather than grow. A conversation with Joshua Coval. Closed for comment; 0 Comments.

    • 25 Jan 2010
    • Research & Ideas

    A Macroeconomic View of the Current Economy

    by Sean Silverthorne

    Concerned or confused by the economic environment? Take some lessons from history and concepts from macroeconomics to get a better understanding of how the economy works. A Q&A with HBS professor David A. Moss, author of A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know. Closed for comment; 0 Comments.

    • 05 Jun 2009
    • What Do You Think?

    What Does Slower Economic Growth Really Mean?

    by Jim Heskett

    Respondents to this month's column by HBS professor Jim Heskett came close to general agreement on the proposition that economic growth is not measured properly by GDP, calling for new indicators. Jim sums up. (Online forum now closed. Next forum begins July 6.) Closed for comment; 0 Comments.

    • 22 Aug 2005
    • Research & Ideas

    Restoring a Global Economy, 1950–1980

    by Geoffrey Jones

    In his recent book Multinationals and Global Capitalism, professor Geoffrey Jones dissects the influence of multinationals on the world economy. This excerpt recalls the rebuilding of the global economy following World War II. Closed for comment; 0 Comments.

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