Arce, Oscar; Campa Fernández, José Manuel; Gavilán, A.
How do different financing conditions affect investments, allocation of credit and output across sectors? IESE's José M. Campa, Óscar Arce, of the Bank of Spain, and Ángel Gavilán, of BBVA, explore financing conditions in the construction sector in a number of OECD countries during the decade prior to the 2007 financial crisis. Their findings present an interesting model, with salutary lessons for investors.
Costa-Font, Joan; Mas Canal, Núria; Navarro, Patricia
A host of fast-food enterprises are starting to address obesity and diet-related diseases, so as to be part of the solution instead of contributing to this global problem. Obesity has many causes, but as new research by IESE's Núria Mas and others suggests, there is a robust association between globalization and both obesity and calorie intake. Their findings should be relevant to MNCs involved in the sale of products high in sugar, salt, fat or calories.
Campos, Rolf; Gómez Bengoechea, Gonzalo
The Spanish soft drink industry employs more than 63,000 people directly or indirectly, while an additional 350,000 people work in related areas. As such, a new report warns against imposing new taxes on an industry worth 5 billion euros a year, especially as soft drinks are so closely tied to two sectors vital to Spain's eventual economic recovery: tourism and retail sales.