Search Results

3522 items match your search criteria. Click here for tips on how to optimize your results.
New search Refine search
Sorted by date

The Future of Spanish Pensions 

Date: 04/2017 Author(s): Díaz Giménez, Javier; Días-Saavedra, Julián Document type: Article in Journal (refereed) We use an overlapping generations model economy with endogenous retirement to study the 2011 and 2013 reforms of the Spanish public pension system. These reforms delay the legal retirement ages, increase the contributivity of the system, and adopt a sustainability factor and a pension revualuation index that effectively transform the Spanish pension ... More information  

Crise foi 'bênção disfarçada' para o Brasil 

Date: 25/03/2017 Author(s): Estadão Interviewee(s): Videla, Pedro; Interviewer(s): Scheller, Fernando Document type: Interview Um grupo de amigos está tomando caipirinha em um bar quando um deles se levanta e diz: "Gente, estamos gastando muito". No momento, alguém se oferece para pagar a conta e argumenta que estão todos se divertindo e não é hora de pensar em dinheiro. Em termos simplificados, era o que acontecia com o orçamento do Brasil, explica o economista Pedro Videla, ... More information  

Portfolio Diversification, Market Power, and the Theory of the Firm 

Date: 21/03/2017 Author(s): Azar, José Editor(s): PPSRC - Public-Private Sector Research Center Document type: Working Paper This paper develops a model of firm behavior in the context of oligopoly and portfolio diversification by shareholders. Competition for shareholder votes among potential managers seeking corporate office leads to internalization and aggregation of shareholder objectives, including shareholdings in other firms, and the fact that shareholders are consumers ... More information  

Anti-Competitive Effects of Common Ownership 

Date: 21/03/2017 Author(s): Azar, José; Schmalz, Martin; Tecu, Isabel Editor(s): PPSRC - Public-Private Sector Research Center Document type: Working Paper Many natural competitors are jointly held by a small set of large institutional investors. In the US airline industry, taking common ownership into account implies increases in market concentration that are ten times larger than what is ¿presumed likely to enhance market power¿ by antitrust authorities. We find a robust correlation between within-route ... More information  

El año que vivimos ¿peligrosamente? 

Date: 20/03/2017 Author(s): Ariño, Miguel Angel Document type: Opinion Da la impresión que estamos en un momento de gran incertidumbre. Sorpresas en las elecciones norteamericanas, sorpresa con el Brexit, incertidumbre por la evolución de la economía china, tensiones políticas en España? Sin embargo, existen algunos datos que nos anclan a la realidad. Uno de ellos es el Índice IESE de Incertidumbre Económica. Desde el ... More information  

Europa, ¿sin futuro? 

Date: 17/03/2017 Author(s): Argandoña, Antonio Document type: Opinion ¡Quién nos iba a decir, 30 años después de la entrada en la Comunidad Económica Europea, que ahora nos encontraríamos ante una Europa en crisis! Pero ahí estamos? ¿Hicimos mal en entrar? No, ni mucho menos: ese Mercado Común nos aportó ampliación de mercado, eliminación de barreras arancelarias, homogeneización de regulaciones, mayor sensatez en las ... More information  

The Toxic Side of Mutual Funds 

Date: 16/03/2017 Author(s): Azar, José Document type: Opinion In his classic 1952 paper, "Portfolio Selection," financial economist Harry Markowitz developed what is known as "modern portfolio theory." The success of Markowitz's ideas brings us to our current situation: mutual fund companies -- namely, BlackRock, Vanguard, State Street and Fidelity -- are now the world's largest asset managers; and hence a rise ... More information  

A Make or Break Year for the EU 

Date: 16/03/2017 Author(s): Pou, Víctor Document type: Opinion The world in general and the European Union in particular have reached a historical inflection point. The proliferation of "black swans" -- those phenomena we previously never thought possible but that now seem all too real -- is raising uncertainty to new heights. This makes implementing a business strategy extremely challenging. Although last year's ... More information  

Trump y el test de Rorschach 

Date: 16/03/2017 Author(s): Vives, Xavier Document type: Opinion Reputados psicólogos han advertido sobre el equilibrio mental del flamante presidente de EE.UU. y han cuestionado su capacidad para ejercer el cargo. Los impulsos matutinos de Trump, previa lectura de The New York Times, canalizados a través de Twitter, y las actuaciones en las primeras semanas de su presidencia no contradicen las especulaciones de ... More information  

Sete Perguntas para Víctor Pou: É hora de desconstruir a Europa 

Date: 15/03/2017 Author(s): Exame Interviewee(s): Pou, Víctor; Interviewer(s): Serrano, Filipe Document type: Interview Para o professor da escola de negócios Iese, a saída para a União Europeia é criar um novo modelo de integração. More information  
PAGE 1 of 353
Go to page
    
Benefits of Registration
  •  Receive IESE Insight newsletter and alerts
  •  Read exclusive documents
View all benefits
Case Forum
Participate