Carmen M. Reinhart

Carmen M. Reinhart is the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School. Previously, she was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Professor of Economics and Director of the Center for International Economics at the University of Maryland. Professor Reinhart held positions as Chief Economist and Vice President at the investment bank Bear Stearns in the 1980s.  She spent several years at the International Monetary Fund.  Reinhart is a Research Associate at the National Bureau of Economic Research, and a member of the Congressional Budget Office Panel of Economic Advisers and the Economic Advisory Panel of the Federal Reserve Bank of New York.  She has been listed among Bloomberg Markets Most Influential 50 in Finance

Reinhart has written on a variety of topics in macroeconomics and international finance.  She has served on numerous editorial boards and has testified before congress. Her work has helped to inform the understanding of financial crises for over a decade. Her best-selling book (with Kenneth S. Rogoff)  entitled This Time is Different: Eight Centuries of Financial Folly  documents the striking similarities of the recurring booms and busts that have characterized financial history and has been translated to over 20 languages and won the 2010 Paul A. Samuelson TIAA-CREF Institute Award, among others.
CV (pdf version)

A full listing of her works can also be found in:
Carmen M. Reinhart at Google Scholar
Carmen M. Reinhart at IDEAS

Listed in Highly Cited Researchers 2014, Thomson Reuters.
Listed in The World's Most Influential Scientific Minds, 2014,
Thomson Reuters..


What Greece Can Expect?’ Bloomberg View, July 9, 2015.
Lessons for Greece: Forcible Currency Conversions, 1982-2015, Vox EU, July 9, 2015.

See my June 25, 2015 Testimony on Greece here or
Subcommittee on National Security and International Trade and Finance


Sovereign Debt Relief and its Aftermath (with Christoph Trebesch) Forthcoming in the Journal of the European Economic Association, 2016
Summary:  "Sovereign-debt relief and its aftermath: The 1930s, the 1990s, the future," VOX EU,October 21, 2014.

“Does Reserve Accumulation Crowd Out Investment?” (with Vincent Reinhart and Takeshi Tashiro), HKS Faculty Research Working Paper Series RWP15-038, July 2015.

"Financial Crises, Development, and Growth: A Long-term Perspective"
(with Vincent R. Reinhart), World Bank Economic Review, April 2015, Vol. 29 (1), 1-24.

“Dealing with Debt,” (with Vincent Reinhart and Kenneth Rogoff), Journal of International Economics, Vol. 86(1), April 2015, 543-555.

“The Liquidation of Government Debt,” (with M. Belen Sbrancia), NBER Working Paper 16893, March 2011.  Economic Policy, Vol. 30(82), March 2015, 291-333. Most recent version here.

2014 Carlos Diaz Alejandro Prize   “The Antecedents and Aftermath of Financial Crises as told by Carlos F. Díaz Alejandro”. NBER Working Paper 21350, July 2015. Forthcoming in Economía Journal of the Latin American and Caribbean Economic Association, Fall 2015.