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Faculty: Publications:
Jeffrey A. Frankel
James W. Harpel Professor of Capital Formation and Growth
phone: (617)496-3834
fax: (617)496-5747
Academic Journal/Scholarly Articles
Over-optimistic Official Forecasts and Fiscal Rules in the Eurozone
Frankel, Jeffrey A., and Jesse Schreger. "Over-optimistic Official Forecasts and Fiscal Rules in the Eurozone." Review of World Economics 149.2 (2013): 247-272.

Publication Categorized as: International Economics, Monetary Policy
On Graduation from Fiscal Procyclicality
Frankel, Jeffrey A., Carlos A Vegh, and Guillermo Vulentin. "On Graduation from Fiscal Procyclicality." Journal of Development Economics 100.1 (January 2013): 32–47.

Publication Categorized as: Economic Growth, International Economics, Monetary Policy
Internationalization of the RMB and Historical Precedents
Frankel, Jeffrey A. "Internationalization of the RMB and Historical Precedents." Journal of Economic Integration 27.3 (September 2012): 329-365.

Publication Categorized as: International Economics, Finance, Exchange Rates, Globalization
Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008–09 Global Financial Crisis
Frankel, Jeffrey A., and George Saravelos. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008–09 Global Financial Crisis." Journal of International Economics 87.2 (July 2012): 216–231.

Publication Categorized as: International Economics, Finance, Banking, Exchange Rates
Economic Shocks and International Politics
Frankel, Jeffrey A. "Economic Shocks and International Politics." Survival: Global Politics and Strategy 54.3 (June/July 2012): 29–46.

Publication Categorized as: International Economics, Globalization, Trade Policy, Monetary Policy
Slow Pass-through Around the World: A New Import for Developing Countries?
Frankel, Jeffrey A., David Parsley, and Shang-Jin Wei. "Slow Pass-through Around the World: A New Import for Developing Countries?" Open Economies Review 23.2 (April 2012): 213-251.

Publication Categorized as: International Economics, Finance, Exchange Rates
Product Price Targeting -- A New Improved Way of Inflation Targeting
Frankel, Jeffrey A. "Product Price Targeting -- A New Improved Way of Inflation Targeting." Macroeconomic Review XI.1 (April 2012): 78-81.

Publication Categorized as: International Economics, Trade Policy
Politically Feasible Emissions Targets to Attain 460 ppm CO2 Concentrations
Bosetti, Valentina, and Jeffrey A. Frankel. "Politically Feasible Emissions Targets to Attain 460 ppm CO2 Concentrations." Review of Environmental Economics and Policy 6.1 (Winter 2012): 86-109.

Publication Categorized as: Environment and Natural Resources, Regulatory Policy, Climate Change
What Small Countries Can Teach the World
Frankel, Jeffrey A. "What Small Countries Can Teach the World." Business Economics 47 (2012): 97–103.

Publication Categorized as: International Economics, Trade Policy, Monetary Policy
Book Chapters
Is Trade Good or Bad for the Environment? Sorting Out the Causality
Frankel, Jeffrey A., and Andrew Rose. "Is Trade Good or Bad for the Environment? Sorting Out the Causality." Recent Developments In Trade And The Environment. Ed. Brian R. Copeland. Edward Elgar, 2014.

Publication Categorized as: International Economics, Environment and Natural Resources, International Economics, Trade Policy, Trade Policy
Become an Economist – See the World
Frankel, Jeffrey A. "Become an Economist – See the World." Eminent Economists II: Their Life and Work Philosophies. Ed. Michael Szenberg and Lall Ramrattan. Cambridge University Press, 2014.

Publication Categorized as: International Economics
A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile
Frankel, Jeffrey A. "A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile." Fiscal Policy and Macroeconomic Performance: Volume 17. Ed. Luis Felipe Céspedes and Jordi Galí. Banco Central de Chile, 2013.

Publication Categorized as: International Economics, Monetary Policy
An Estimate of the Effect of Common Currencies on Trade and Income
Frankel, Jeffrey A., and Andrew Rose. "An Estimate of the Effect of Common Currencies on Trade and Income." Recent Developments In Exchange Rate Economics. Ed. Mark P. Taylor and Meher Manzur. Edward Elgar, 2013.

Publication Categorized as: International Economics, Exchange Rates, Trade Policy
A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries
Frankel, Jeffrey A. "A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries." Learning from the World: New Ideas to Redevelop America. Ed. Joe Colombano and Aniket Shah. Palgrave Macmillan, 2013, 26-50.

Publication Categorized as: International Economics, Finance, Monetary Policy, Monetary Policy
The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions
Frankel, Jeffrey A. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions." Commodity Price Volatility and Inclusive Growth in Low-Income Countries. Ed. Rabah Arezki, Catherine A Pattillo, Marc Quintyn, and Min Zhu. International Monetary Fund, October 2012.

Publication Categorized as: Economic Growth, International Economics, Natural Resources, Trade Policy, Monetary Policy
Choosing an Exchange Rate Regime
Frankel, Jeffrey A. "Choosing an Exchange Rate Regime." Handbook of Exchange Rates. Ed. Jessica James, Ian Marsh, and Lucio Sarno. Wiley, 2012, 767.

Publication Categorized as: International Economics, Finance, Exchange Rates
Does Trade Cause Growth
Frankel, Jeffrey A., and David Romer. "Does Trade Cause Growth." The Economics of Free Trade. Ed. Gary Hufbauer and Kati Suominen. Edward Elgar, 2012.

Publication Categorized as: Economic Growth, International Economics, Trade Policy
The Natural Resource Curse: A Survey
Frankel, Jeffrey A. "The Natural Resource Curse: A Survey." Beyond the Resource Curse. Ed. Brenda Shaffer and Taleh Ziyadov. Penn Press, 2012.

Publication Categorized as: Economic Growth, International Economics, Natural Resources, Trade Policy, Monetary Policy
Globalization and the Environment
Frankel, Jeffrey A. "Globalization and the Environment." Economics of the Environment. Ed. Robert N. Stavins. W. W. Norton, 2012.

Publication Categorized as: International Economics, Environment and Natural Resources, International Economics, Sustainability, Climate Change , Globalization, Globalization
Edited Volumes
NBER International Seminar on Macroeconomics 2011, Volume 8
Frankel, Jeffrey A., and Christopher Pissarides, eds. NBER International Seminar on Macroeconomics 2011, Volume 8. University of Chicago Press, 2012.

Publication Categorized as: International Economics, Exchange Rates, Globalization
HKS Faculty Research Working Paper Series
National Security Warrants Slowing Domestic Oil Depletion, Not Accelerating It
Frankel, Jeffrey A. "National Security Warrants Slowing Domestic Oil Depletion, Not Accelerating It." HKS Faculty Research Working Paper Series, August 2013 (first draft).

Publication Categorized as: Environment and Natural Resources, National and International Security, Regulatory Policy, Energy, Natural Resources, Energy
Effects of Speculation and Interest Rates in a “Carry Trade” Model of Commodity Prices
Frankel, Jeffrey A. "Effects of Speculation and Interest Rates in a “Carry Trade” Model of Commodity Prices." HKS Faculty Research Working Paper Series RWP13-022, January 24, 2014 (Revised from June 2013; and November 2013).

Publication Categorized as: Finance, International Economics, Monetary Policy, Trade Policy, Monetary Policy
The Future of the Currency Union
Frankel, Jeffrey A. "The Future of the Currency Union." HKS Faculty Research Working Paper Series RWP13-015, May 2013.

Publication Categorized as: International Economics, Finance, Banking, Monetary Policy, Monetary Policy
Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules
Frankel, Jeffrey A., and Jesse Schreger. "Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules." HKS Faculty Research Working Paper Series RWP12-041, September 2012.

Publication Categorized as: Economic Growth, International Economics, Monetary Policy
On Graduation from Fiscal Procyclicality
Frankel, Jeffrey A., Carlos A Vegh, and Guillermo Vulentin. "On Graduation from Fiscal Procyclicality." HKS Faculty Research Working Paper Series RWP12-011, April 2012.

Publication Categorized as: International Economics, Finance, Public Finance, Banking, Monetary Policy, Monetary Policy
What Small Countries Can Teach the World
Frankel, Jeffrey A. "What Small Countries Can Teach the World." HKS Faculty Research Working Paper Series RWP12-013, April 2012.

Publication Categorized as: Economic Growth, International Economics, Trade Policy, Monetary Policy
The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions
Frankel, Jeffrey A. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions." HKS Faculty Research Working Paper Series RWP12-014, April 2012.

Publication Categorized as: Economic Growth, International Economics, Natural Resources, Trade Policy
Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets
Bosetti, Valentina, and Jeffrey A. Frankel. "Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets." HKS Faculty Research Working Paper Series RWP12-012, April 2012.

Publication Categorized as: Economic Growth, Environment and Natural Resources, Climate Change , Energy
Commentary
Will Europe’s Fiscal Compact Work?
Frankel, Jeffrey A. "Will Europe’s Fiscal Compact Work?" Project Syndicate, January 18, 2013.

Publication Categorized as: International Economics, Monetary Policy
Cuban Time Travel
Frankel, Jeffrey A. "Cuban Time Travel." Project Syndicate, November 22, 2012.

Publication Categorized as: Economic Growth, International Economics, Trade Policy, Monetary Policy
Four Magic Tricks for Fiscal Conservatives
Frankel, Jeffrey A. "Four Magic Tricks for Fiscal Conservatives." Project Syndicate, October 22, 2012.

Publication Categorized as: Public Finance
Mitt Romney Rejects His Natural Voters
Frankel, Jeffrey A. "Mitt Romney Rejects His Natural Voters." Project Syndicate, September 24, 2012.

Publication Categorized as: Labor Economics, Poverty and Inequality, Demographics
Obamacare Champions Personal Responsibility. The States that Hate it Don't.
Frankel, Jeffrey A. "Obamacare Champions Personal Responsibility. The States that Hate it Don't." Christian Science Monitor, September 6, 2012.

Publication Categorized as: Health , Public Finance, Health Care Reform
A Flock of Black Swans
Frankel, Jeffrey A. "A Flock of Black Swans." Project Syndicate, August 20, 2012.

Publication Categorized as: Economic Growth, International Economics, National and International Security, International Economics
Fiscal Follies of First World Governments
Frankel, Jeffrey A. "Fiscal Follies of First World Governments." Business Times, August 7, 2012.

Publication Categorized as: International Economics, Monetary Policy
Could Eurobonds Be the Answer to the Eurozone Crisis?
Frankel, Jeffrey A. "Could Eurobonds Be the Answer to the Eurozone Crisis?" Voxeu.org, June 27, 2012.

Publication Categorized as: International Economics, Monetary Policy
The Death of Inflation Targeting
Frankel, Jeffrey A. "The Death of Inflation Targeting." Voxeu.org, June 19, 2012.

Publication Categorized as: International Economics, Monetary Policy
Budgetary Wishful Thinking
Frankel, Jeffrey A. "Budgetary Wishful Thinking." Project Syndicate, April 12, 2012.

Publication Categorized as: International Economics, Monetary Policy
Laws of Economics Catching Up With China
Frankel, Jeffrey A. "Laws of Economics Catching Up With China." The Age, March 27, 2012.

Publication Categorized as: Economic Growth, International Economics, Exchange Rates, Trade Policy, Monetary Policy
Figures Show Obama Halted Recession
Frankel, Jeffrey A. "Figures Show Obama Halted Recession." Bangkok Post, February 29, 2012.

Publication Categorized as: Public Finance
Obama's Recovery?
Frankel, Jeffrey A. "Obama's Recovery?" CNN World, February 18, 2012.

Publication Categorized as: Public Finance
Off the Beaten Path
Frankel, Jeffrey A. "Off the Beaten Path." Foreign Policy, February 16, 2012.

Publication Categorized as: Economic Growth, Finance, Management, Finance, Innovation
The Little Economy That Could
Frankel, Jeffrey A. "The Little Economy That Could." Foreign Policy, February 2, 2012.

Publication Categorized as: Economic Growth, International Economics
Cycle of Crisis Looms Over Emerging Markets
Frankel, Jeffrey A. "Cycle of Crisis Looms Over Emerging Markets." Bangkok Post, January 26, 2012.

Publication Categorized as: Economic Growth, International Economics, Finance, Banking

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