Harvard Business Review

NOVEMBER 29, 2010

Here's what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. — and you might begin to see how economists conceive of banking shutdowns.

Banking 15

Banking Crisis Merton Decentralization 15

Harvard Business Review

NOVEMBER 29, 2010

Umair Haque Blogs Umair Haque On: Global business , Competition , Economy The Irish Banking Crisis: A Parable 4:33 PM Monday November 29, 2010 | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print Once upon a time, there was a country where bankers disappeared. And thats exactly the role that pubs began to play.

Banking 15

Banking Crisis Merton Guidelines 15

Harvard Business Review

SEPTEMBER 29, 2014

Many large banks, other financial institutions and some large manufacturing companies also had their own economic staffs. Economists who had statistical skills worked at leading forecasting firms such as Data Resources, Inc and Wharton Econometric Forecasting Associates (the two have since merged and been absorbed into Standard & Poors).

Strategy 12

Strategy Black-Scholes Airlines Price 12

Harvard Business Review

DECEMBER 22, 2016

Yet we know the actual realized gains (ARG) from stock-based pay that the company’s CEO takes home, puts in the bank, and on which he or she is obligated to pay income taxes. The actual money-in-the-bank total ARG compensation of its CEO John C. Martin was, however, $193 million in 2014 and $232 million in 2015.

CEO 8

CEO Black-Scholes Price Merton 8