The global airline industry has witnessed the formation of multiple-partner alliances or "constellations" competing against each other for both clients and members. In this paper I empirically evaluate the proposition that membership in airline constellations allows carriers to capture...

In this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations – either equity or debt – as a defining feature of state capitalism. We present a stylized distinction...

"Sergio G. Lazzarini is the Chafi Haddad Professor of Management at Insper in Brazil. He is the Director of Insper Metricis, a center dedicated to the study of impact management and measurement. Sergio has held visiting positions at Harvard University (2010, 2012), University of St Gallen...