The School of Economics and Business Administration has presented the 2016 Research Awards in recognition of the study and research work carried out by the teaching staff in the departments of Economics and Business Administration over the past year.

In this ninth edition, Carmen Aranda, Javier Arellano and Antonio Dávila from IESE Business School received prizes for the research project “Organizational Learning in Target Setting”, which was published in the Academy of Management Journal.

Markus Kinateder was recognized for the research paper “Public Goods in Endogenous Networks”, which he carried out with Luca Paolo Merlino from the Université Paris 1 Panthéon-Sorbonne and was published in the American Economic Journal: Microeconomics.

Pedro Mendi and Rodrigo Costamagna from the Universidad de La Sabana received an award for their paper “Managing Innovation Under Competitive Pressure From Informal Producers”, which was published in the journal Technological Forecasting and Social Change.

Germán López Espinosa and Antonio Moreno, together with Antonio Rubia from the University of California, Los Angeles (UCLA), and Laura Valderrama from the International Monetary Fund (IMF), Western Hemisphere Department, received a prize for the paper “Systemic Risk and Asymmetric Responses in the Financial Industry”, which was published in the Journal of Banking and Finance.

Finally, Luis A. Gil Alama and Juncal Cuñado from the School, along with Rangan Gupta from the University of Pretoria and Guglielmo Maria Caporale from Brunel University, received an award for their paper “Persistence, Mean-Reversion and Non-Linearities in CO2 Emissions: Evidence from the BRICS and G7 Countries”, to be published in the journal Environmental Resource Economics.