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…

Improving the effectiveness of formal housing delivery in Tanzania

Promoting evidence-based practices to enable solutions scaling by business The operation of urban land markets in developing countries is critical to building sustainable cities. Sub-Saharan Africa is experiencing rapid urbanisation, pressuring cities with limited institutional capacity. Challenges include inadequate provision of housing, a proliferation of slums and rising inequality. Many African countries suffer from weak…

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,…

Essential business cycles

Towards understanding how the consumption patterns of the wealthy sectors of society impact the poorer to better inform macroeconomic policy choices. “Understanding how different consumption patterns by the wealthy and the poor affect the economic cycle and its amplification can help policy makers target scarce resources to improve the livelihoods of the most vulnerable members…

Wheeler Institute for Business and Development 2021 TADC Call for Proposals

Applications are now closed As part of the 2021 Trans-Atlantic Doctoral Conference (TADC) for PhD students from leading business schools in North America and Europe, we are inviting proposals with a deadline of Monday, 30 August 2021. About the Wheeler Institute The Wheeler Institute for Business and Development at London Business School aims to promote research that applies business…