Rethinking Capitalism with Oded Galor

The fifth event in the Wheeler Institute for Business and Development’s flagship Rethinking Capitalism series will focus on the deep origins of comparative development and the emergence of vast and persistent inequalities across countries, regions, and groups. Despite the remarkable transformations in China, Asia, and more recently Africa, in the past decade, capitalism and globalization have come…

Professional Opportunity | Pre-Doctoral Research Assistant programme

The Wheeler Institute for Business and Development is seeking to appoint up to three full-time research assistants to work closely with leading faculty in Accounting, Economics, Finance, Management Science and Operations, Marketing, Organisational Behaviour or Strategy and Entrepreneurship at London Business School.  What is the Wheeler Institute Research Assistant programme? Our Pre-Doctoral Research Assistant programme…

The impact of meritocracy on asset pricing

Investigating how meritocracy enables economic growth Socioeconomic inequality is on the rise across the globe, yet research suggests that citizens in unequal societies characterized by greater inequality are generally less concerned about inequality than those in more egalitarian societies. One possible explanation for this is that people may be more likely to accept inequality if…

The unappreciated spillovers of China’s monetary policy

Identifying the transmission mechanisms of global shocks for better business-cycle management in developing countries “The emergence of China as the largest official lender has far-reaching implications for developing countries. Understanding monetary spillovers from China makes policy makers better aware of the nature of international shocks in order to make better decisions.” Jinglun Yao, PhD candidate…

The public-private interface in the oncology market

How public science transforms drug-development efforts This project studies whether and how public science can promote innovation in the private-sector development of drugs and biologics, with particular attention to the oncology market. The work has policy implications for today’s health environment. For example, while the Covid-19 pandemic has affected every facet of our daily lives,…

Impact of infrastructure improvements in India

Assessing reality of ‘trickle-down’ benefits of greater connectivity for rural households The challenge Increasing infrastructure investment is a key growth strategy in many developing countries; policy debates emphasise the ‘trickle-down’ benefits of such investment. However, there is a gap in our understanding of what type of infrastructure affects individuals’ ability to actualise such opportunities. It…