Economics RSS

Studies and Reports  Globalization in troubled times

Altman, Steven; Ghemawat, Pankaj; Bastian, Phillip For years, the DHL Global Connectedness Index has been making the case that the world is not as globalized as we think. This is still true; yet surprisingly, in the age of Trump and Brexit, globalization has actually reached a new high. Read article

Research Papers  Why Was the Sovereign Debt Crisis in Europe So Severe?

Acharya, Viral V.; Eisert, Tim; Eufinger, Christian; Hirsch, Christian Why did billions in investment, sales and so many jobs disappear during the European sovereign debt crisis? The Eurozone credit crunch deserves about half of the blame, which is a lot, according to research by IESE's Christian Eufinger and co-authors. They find two significant factors that helped cause the crunch and offer advice to free up the lending supply next time. Read article

Research Papers  Why the Presence of Common Shareholders in Rival Companies Looms as a Threat

Azar, José; Schmalz, Martin; Tecu, Isabel "Common ownership" is a buzzword in academic and regulatory circles these days. José Azar's paper linking common ownership to higher airline ticket prices and other negative consequences is at the center of a new debate that could profoundly affect the investment fund industry as we know it. Read article

Latest IESE documents

DHL Global Connectedness Index 2018 Altman, Steven; Ghemawat, Pankaj; Bastian, Phillip