Articles and Opinion

Economics

Work Longer, Retire Better

Javier Díaz-Giménez, Julián Díaz-Saavedra

The aging population and economic uncertainties have cast doubt over whether we will still be able to rely on a state pension when we retire. In their paper, Javier Díaz-Giménez and Julián Díaz-Saavedra calculate the effects that prolonging retirement by three years would have on Spain’s current pension system, and recommend that policy makers give it serious thought.

 

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Finance

Investors Drive Change in Private Equity

Heino Meerkatt, Heinrich Liechtenstein

Having predicted a major shakeout in the private-equity industry in the wake of the twin crises of 2008, authors Heino Meerkatt and Heinrich Liechtenstein have more news. Capital is still available and most investors will deliver. Yes, there will be more casualties: cash-strapped anchor investors may drag their firms down. Yet, by gaining power, investors will continue to force the industry through a necessary evolution.

 

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Strategy

Documentos de InvestigacionesCreating Winning Partnerships

IESE Insight

"Dynamic duos" is the focus of the latest IESE Insight magazine, and so, appropriately, we introduce a winning pairing of our own: This quarter, together with the second issue, we launch an associated website, where you can either view the entire magazine, or pick and choose only those articles that interest you, read them, download them and print them off as you please. By using the same log-in details that you registered previously with IESE Insight, you'll be able to search content from the previous edition.

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Finance

Documentos de InvestigacionesBlack Swans, a Wild Goose Chase

Javier Estrada

As investors everywhere lose money to the financial crisis, many are wondering whether large catastrophic market swings, known as “black swans,” could ever be predicted with any degree of accuracy. IESE Prof. Javier Estrada considers the impact of outliers in emerging markets and finds that they can have a massive impact on the long term performance of investors’ portfolios.

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Marketing

Documentos de InvestigacionesA Prescription for Marketing Medicine

Stefan Stremersch, Walter van Dyck

Selling products in the life-sciences market is a delicate business. Not only must companies think about making a buck, but the nature of their wares means public trust is essential. After all, this is our health we’re talking about! In their article, “Marketing of the Life Sciences,” Stefan Stremersch and Walter Van Dyck define this newborn field and make practical suggestions to encourage more research down some much neglected avenues.

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