EMPIRE-BUILDING: countering inefficient business expansion
In the popular imagination, managers often suffer from a predilection for “empire building” – that is, growing their firms inefficiently large through expansion and
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In the popular imagination, managers often suffer from a predilection for “empire building” – that is, growing their firms inefficiently large through expansion and
Air pollution from China leads to excess mortality in South Korea, according to new research by Ruixue Jia and Hyejin Ku, published in the
In many sports, it is believed that success leads to more successes. In basketball, the term “hot-hand” describes players whose probability to score increases
A simple policy of wage adjustment introduced in Italy in the 1970s designed to help low paid workers and to increase equality ended up
Performance rewards for public employment service staff can be a cost-effective way to help people on disability benefits find jobs. This is the conclusion
The global increase in birth rates over the past decades, coupled with the tendency of men to marry younger women, has led to imbalances
New research shows that on average privately owned Chinese manufacturing multinational companies are less productive than those that are in the hands of the
Australian welfare reforms in 2006 were meant to promote work among lone mothers. But they may have had an unintentional side effect. A new
A country’s oil wealth increases long-run economic growth on average, but it also makes governments less accountable to its citizens. This is the main
Targeted school voucher policies do not effectively help students from the lowest-socioeconomic status (SES) households obtain high-quality education. This is the conclusion of new
The trade channel was twice as important as the financial channel in the transmission of the financial crisis of 2007-2009 from the US to
Economists Jane Humphries and Jacob Weisdorf have uncovered new evidence to show that modern economic growth started in the late 16th Century – 200