Initiative on Global Markets
The Initiative on Global Markets supports original research on international business, financial markets and public policies. Through our research efforts we seek to enhance the understanding of business and financial market globalization. Current research topics include: Corporate Cash Holding and Investment; Corporate Savings and Labor Shares; Do Pharmacists Buy Bayer? Sophisticated Shoppers and the Brand Premium; Geography and Competition in Oligopolistic Industries: the Case of Wind Turbines; The Role of Finance and Unemployment: Significantly Revamping Okun’s Law; What Options Markets Imply about Government Guarantees: A Cross-Country Analysis.