# Politics and Economics of International Finance (PEIF) ![Image of a global map with graphs superimposed over the top in blue colors](/sites/g/files/omnuum8396/files/styles/hwp_21_9__1920x825/public/2025-03/AdobeStock_274442003.jpeg?h=9524b9db&itok=bcLGPFMA) Politics and Economics of International Finance (PEIF) is a continuing series of annual one-day PEIF conferences that brings together scholars interested in economic and political-economy issues in international financial relations. Three scholars are asked each to present a body of their research in a unified narrative. The day concludes with a policy panel. The current PEIF series is chaired by Jeffrey Frankel and Jeffry Frieden, and is organized under the auspices of Harvard’s Weatherhead Center for International Affairs and the Mossavar-Rahmani Center for Business and Government. Agendas from 2015 to the present can be found in our [Conferences section](/conferences "Conferences"). ### Conference Chairs **Frankel, Jeffrey** James W. Harpel Professor of Capital Formation and Growth, Harvard Kennedy School. **Frieden, Jeffry A.** Professor of International and Public Affairs and Political Science, Columbia University. ## This Year's Conference Papers Download 8 citations download- [BibTeX](/bibcite/export?pager_style=no_pager&number_of_items=8&sort_field=bibcite_year--desc&taxonomy_filters%5Bfield_hwp_c_conferences%5D&&&format=bibtex) - [EndNote X3 XML](/bibcite/export?pager_style=no_pager&number_of_items=8&sort_field=bibcite_year--desc&taxonomy_filters%5Bfield_hwp_c_conferences%5D&&&format=endnote8) - [EndNote 7 XML](/bibcite/export?pager_style=no_pager&number_of_items=8&sort_field=bibcite_year--desc&taxonomy_filters%5Bfield_hwp_c_conferences%5D&&&format=endnote7) - [Endnote tagged](/bibcite/export?pager_style=no_pager&number_of_items=8&sort_field=bibcite_year--desc&taxonomy_filters%5Bfield_hwp_c_conferences%5D&&&format=tagged) - [Marc](/bibcite/export?pager_style=no_pager&number_of_items=8&sort_field=bibcite_year--desc&taxonomy_filters%5Bfield_hwp_c_conferences%5D&&&format=marc) - [PubMedId](/bibcite/export?pager_style=no_pager&number_of_items=8&sort_field=bibcite_year--desc&taxonomy_filters%5Bfield_hwp_c_conferences%5D&&&format=pubmed_id) - [RIS](/bibcite/export?pager_style=no_pager&number_of_items=8&sort_field=bibcite_year--desc&taxonomy_filters%5Bfield_hwp_c_conferences%5D&&&format=ris) ### 2025 Pond, Amy, and Jonghoon Lee. 2025. “[Antitrust and Corporate Taxation](/publication/antitrust-and-corporate-taxation)”. *Business and Politics*. Pond, Amy, and Jonghoon Lee. 2025. “[Antitrust and Corporate Taxation](/publication/antitrust-and-corporate-taxation)”. *Business and Politics*. - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://amypond.droppages.net/Articles/LeePond2025BP-antitrust-and-corporate-taxation.pdf) - [ picture\_as\_pdfLeePond2025BP-antitrust-a...](/sites/g/files/omnuum8396/files/2025-03/LeePond2025BP-antitrust-and-corporate-taxation.pdf) (Forthcoming) Although citizens value competitive markets and support small businesses, we observe substantial variation in market concentration. Why do politicians abstain from taking action to reduce concentration? We propose an often overlooked... - [ descriptionPublisher's Version](https://amypond.droppages.net/Articles/LeePond2025BP-antitrust-and-corporate-taxation.pdf) - [ picture\_as\_pdfLeePond2025BP-antitrust-a...](/sites/g/files/omnuum8396/files/2025-03/LeePond2025BP-antitrust-and-corporate-taxation.pdf) Pond, Amy, and Timm Betz. 2025. “[Politically Connected Owners](/publication/politically-connected-owners)”. *Comparative Political Studies* 54 (6). Pond, Amy, and Timm Betz. 2025. “[Politically Connected Owners](/publication/politically-connected-owners)”. *Comparative Political Studies* 54 (6). - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://amypond.droppages.net/Articles/BetzPond2022CPS-politically-connected-owners.pdf) - [ picture\_as\_pdfBetzPond2022CPS-political...](/sites/g/files/omnuum8396/files/2025-03/BetzPond2022CPS-politically-connected-owners.pdf) (2022) Political connections provide substantial benefits to firms. We emphasize the ownership of firms as an important channel through which political con- nections operate and identify a resulting link between political turnover and turnover in the... - [ descriptionPublisher's Version](https://amypond.droppages.net/Articles/BetzPond2022CPS-politically-connected-owners.pdf) - [ picture\_as\_pdfBetzPond2022CPS-political...](/sites/g/files/omnuum8396/files/2025-03/BetzPond2022CPS-politically-connected-owners.pdf) Pond, Amy, and Christina Zafeiridou. 2025. “[The Political Importance of Financial Performance](/publication/political-importance-financial-performance)”. *American Journal of Political Science* 64 (1). Pond, Amy, and Christina Zafeiridou. 2025. “[The Political Importance of Financial Performance](/publication/political-importance-financial-performance)”. *American Journal of Political Science* 64 (1). - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://amypond.droppages.net/Articles/PondZafeiridou2019AJPS_financial_performance.pdf) - [ picture\_as\_pdfPondZafeiridou2019AJPS\_fi...](/sites/g/files/omnuum8396/files/2025-03/PondZafeiridou2019AJPS_financial_performance.pdf) (2020) Asset mobility is thought to constrain taxation, as firms with mobile assets can avoid taxation by locating their assets in low-tax jurisdictions. Firms with immobile assets then face higher taxes. By considering the political incentives that... - [ descriptionPublisher's Version](https://amypond.droppages.net/Articles/PondZafeiridou2019AJPS_financial_performance.pdf) - [ picture\_as\_pdfPondZafeiridou2019AJPS\_fi...](/sites/g/files/omnuum8396/files/2025-03/PondZafeiridou2019AJPS_financial_performance.pdf) Chari, Anusha, Karlye Dilts-Stedman, and Christian Lundblad. 2025. “[Taper Tantrums: Quantitative Easing, Its Aftermath, and Emerging Market Capital Flows](/publication/taper-tantrums-quantitative-easing-its-aftermath-and-emerging-market-capital-flows)”. *The Review of Financial Studies* 34 (3). Chari, Anusha, Karlye Dilts-Stedman, and Christian Lundblad. 2025. “[Taper Tantrums: Quantitative Easing, Its Aftermath, and Emerging Market Capital Flows](/publication/taper-tantrums-quantitative-easing-its-aftermath-and-emerging-market-capital-flows)”. *The Review of Financial Studies* 34 (3). - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://static1.squarespace.com/static/5eaf4f599520d152c092e06f/t/5eaf6c2c1b9bdf28c85e5a65/1588554800614/RFS_final.pdf) - [ picture\_as\_pdfAnusha-Chari-Taper-Tantru...](/sites/g/files/omnuum8396/files/2025-03/Anusha-Chari-Taper-Tantrums.pdf) (2021) This paper examines the spillover effects of U.S. unconventional monetary policy (UMP) on emerging market capital flows and asset prices. Affine term structure model estimates show that U.S. monetary policy shocks, identified with high-frequency... - [ descriptionPublisher's Version](https://static1.squarespace.com/static/5eaf4f599520d152c092e06f/t/5eaf6c2c1b9bdf28c85e5a65/1588554800614/RFS_final.pdf) - [ picture\_as\_pdfAnusha-Chari-Taper-Tantru...](/sites/g/files/omnuum8396/files/2025-03/Anusha-Chari-Taper-Tantrums.pdf) Chari, Anusha, Karlye Dilts-Stedman, and Kristin Forbes. 2025. “[Spillovers at the Extremes: The Macroprudential Stance and Vulnerability to the Global Financial Cycle](/publication/spillovers-extremes-macroprudential-stance-and-vulnerability-global-financial-cycle)”. *Journal of International Economics* 136. Chari, Anusha, Karlye Dilts-Stedman, and Kristin Forbes. 2025. “[Spillovers at the Extremes: The Macroprudential Stance and Vulnerability to the Global Financial Cycle](/publication/spillovers-extremes-macroprudential-stance-and-vulnerability-global-financial-cycle)”. *Journal of International Economics* 136. - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://www.sciencedirect.com/science/article/pii/S0022199622000149) - [ picture\_as\_pdfAnusha-Chari-Spillovers-J...](/sites/g/files/omnuum8396/files/2025-03/Anusha-Chari-Spillovers-JIE.pdf) (2022) The effects of macroprudential policy on portfolio flows vary considerably across the global financial cycle. A tighter ex-ante macroprudential stance amplifies the impact of global risk shocks on bond and equity flows, increasing outflows... - [ descriptionPublisher's Version](https://www.sciencedirect.com/science/article/pii/S0022199622000149) - [ picture\_as\_pdfAnusha-Chari-Spillovers-J...](/sites/g/files/omnuum8396/files/2025-03/Anusha-Chari-Spillovers-JIE.pdf) Chari, Anusha. 2025. “[Global Risk, Non-Bank Financial Intermediation, and Emerging Market Vulnerabilities](/publication/global-risk-non-bank-financial-intermediation-and-emerging-market-vulnerabilities)”. *Annual Review of Economics* 15 (1). Chari, Anusha. 2025. “[Global Risk, Non-Bank Financial Intermediation, and Emerging Market Vulnerabilities](/publication/global-risk-non-bank-financial-intermediation-and-emerging-market-vulnerabilities)”. *Annual Review of Economics* 15 (1). - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://www.annualreviews.org/content/journals/10.1146/annurev-economics-082222-074901) - [ picture\_as\_pdfAnusha-Chari-ARE-GlobalRi...](/sites/g/files/omnuum8396/files/2025-03/Anusha-Chari-ARE-GlobalRisk.pdf) (2023) Over the last two decades, the unprecedented increase in non-bank financial intermediation, particularly the rise of open-end mutual funds and exchange-traded funds, accounts for nearly half of the external financing flows to emerging markets... - [ descriptionPublisher's Version](https://www.annualreviews.org/content/journals/10.1146/annurev-economics-082222-074901) - [ picture\_as\_pdfAnusha-Chari-ARE-GlobalRi...](/sites/g/files/omnuum8396/files/2025-03/Anusha-Chari-ARE-GlobalRisk.pdf) Hanson, Gordon, Dani Rodrik, and Rohan Sandhu. 2025. “[The U.S. Place-Based Policy Supply Chain](/publication/us-place-based-policy-supply-chain).” Hanson, Gordon, Dani Rodrik, and Rohan Sandhu. 2025. “[The U.S. Place-Based Policy Supply Chain](/publication/us-place-based-policy-supply-chain).” - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://gordonhanson.scholars.harvard.edu/sites/g/files/omnuum6571/files/2025-02/Hanson%20Gordon%20the%20U.S.%20Place%20based%20policy%20supply%20chain_0.pdf) - [ picture\_as\_pdfHanson Gordon the U.S. Pl...](/sites/g/files/omnuum8396/files/2025-03/Hanson%20Gordon%20the%20U.S.%20Place%20based%20policy%20supply%20chain_0.pdf) (2025) Place-based policy in the United States comprises a wide range of government programs that are spread across federal, state, and local agencies and that rely on public, private, and nonprofit organizations for policy design and implementation. We... - [ descriptionPublisher's Version](https://gordonhanson.scholars.harvard.edu/sites/g/files/omnuum6571/files/2025-02/Hanson%20Gordon%20the%20U.S.%20Place%20based%20policy%20supply%20chain_0.pdf) - [ picture\_as\_pdfHanson Gordon the U.S. Pl...](/sites/g/files/omnuum8396/files/2025-03/Hanson%20Gordon%20the%20U.S.%20Place%20based%20policy%20supply%20chain_0.pdf) Hanson, Gordon, David Autor, David Dorn, Maggie R. Jones, and Bradley Setzler. 2025. “[Places versus People: The Ins and Outs of Labor Market Adjustment to Globalization](/publication/places-versus-people-ins-and-outs-labor-market-adjustment-globalization).” Hanson, Gordon, David Autor, David Dorn, Maggie R. Jones, and Bradley Setzler. 2025. “[Places versus People: The Ins and Outs of Labor Market Adjustment to Globalization](/publication/places-versus-people-ins-and-outs-labor-market-adjustment-globalization).” - add\_circle do\_not\_disturb\_on Abstract - [ descriptionPublisher's Version](https://www.nber.org/papers/w33424) - [ picture\_as\_pdfGordon-Hanson-NBER-w33424...](/sites/g/files/omnuum8396/files/2025-03/Gordon-Hanson-NBER-w33424.pdf) (2025) This chapter analyzes the distinct adjustment paths of U.S. labor markets (places) and U.S. workers (people) to increased Chinese import competition during the 2000s. Using comprehensive register data for 2000–2019, we document that employment... - [ descriptionPublisher's Version](https://www.nber.org/papers/w33424) - [ picture\_as\_pdfGordon-Hanson-NBER-w33424...](/sites/g/files/omnuum8396/files/2025-03/Gordon-Hanson-NBER-w33424.pdf)