Garicano, Luis

Professor Luis Garicano  

Department

Position held

Professor of Economics and Strategy

 

Experience keywords:

euro crisis; financial system; governance, Spain.; growth; labour economics; productivity; technology

Research summary > [Click to expand]

Professor Garicano has worked on the interaction between the internal organization and governance of firms and their economic performance as given by productivity, inequality, growth, non-performing loans etc. Recently he has also been producing applied policy work on the Euro crisis, on the reform fo the European Financial system, and on the crisis in Spain (the Spanish financial system, and their structural reforms).

Sectors and industries to which research relates:

Banking; Information Technology; Law

Countries and regions to which research relates:

Europe; Spain

Languages:

French [Spoken: Fluent, Written: Fluent]; Spanish [Spoken: Fluent, Written: Fluent]

Media experience:

Has written for mainstream press; Radio; TV

Contact Points

LSE phone number:

+44 (0)20 7107 5154

Publications

2016

Garicano, Luis and Steinwender, Claudia (2016) Survive another day: using changes in the composition of investments to measure the cost of credit constraints Review of Economics and Statistics, 98 (5). 913-924. ISSN 0034-6535

Garicano, Luis and Rayo, Luis (2016) Relational knowledge transfers CEP Discussion Paper, No 1412. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

Brunnermeier, Markus K. and Garicano, Luis and Lane, Philip R. and Pagano, Marco and Reis, Ricardo and Santos, Tano and Thesmar, David and Van Nieuwerberg, Stijn and Vayanos, Dimitri (2016) The sovereign-bank diabolic loop and ESBies American Economic Review, 106 (5). 508-512. ISSN 0002-8282

Garicano, Luis and Hubbard, Thomas N. (2016) The returns to knowledge hierarchies Journal of Law, Economics, and Organization, 32 (4). 653-684. ISSN 8756-6222

Garicano, Luis and Rayo, Luis (2016) Why organizations fail: models and cases Journal of Economic Literature, 54 (1). 137-192. ISSN 0022-0515

Brunnermeier, Markus K. and Garicano, Luis and Lane, Philip R. and Pagano, Marco and Reis, Ricardo and Santos, Tano and Thesmar, David and Nieuwerburgh, Stijn Van and Vayanos, Dimitri (2016) The sovereign-bank diabolic loop and ESBies CEP Discussion Paper, No 1414. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

Garicano, Luis and Lelargez, Claire and Van Reenen, John (2016) Firm size distortions and the productivity distribution: evidence from France American Economic Review, 106 (11). 3439-3479. ISSN 0002-8282

Garicano, Luis and Lelarge, Claire and Van Reenen, John (2016) Firm size distortions and the productivity distribution: evidence from France CEP Discussion Paper, No 1128. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

2014

Garicano, Luis and Rossi-Hansberg, Esteban (2014) Knowledge-based hierarchies: using organizations to understand the economy CEP Occasional Papers, CEPOP43. The London School of Economics and Political Science, Center of Economic Performance, London, UK.

Fuchs, William and Garicano, Luis and Rayo, Luis (2014) Optimal contracting and the organization of knowledge CEP Discussion Papers, CEPDP1308. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

Garicano, Luis (2014) El dilema de España Atalaya. PlanetadeLibros.com, Barcelona, Spain. ISBN 9788499422794

2013

Fernández-Villaverde, Jesús and Garicano, Luis and Santos, Tano J. (2013) Political credit cycles: the case of the Euro zone Journal of Economic Perspectives, 27 (3). 145-166. ISSN 0895-3309

Garicano, Luis and Rayo, Luis (2013) Relational knowledge transfers CEP Discussion Papers, CEPDP1203. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

Garicano, Luis and Steinwender, Claudia (2013) Survive another day: does uncertain financing affect the composition of investment? CEP Discussion Papers, CEPDP1188. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

2012

Garicano, Luis (2012) Five lessons from the Spanish cajas debacle for a new euro-wide supervisor In: Beck, Thorsten, (ed.) Banking Union for Europe - Risks and Challenges . Vox EU, Centre for Economic Policy Research (CEPR), London, UK, 77-84.

Garicano, Luis (2012) Spain’s economic problems are not being helped by attempts to disguise debt in official figures European Politics and Policy at LSE (6 Dec 2012) Blog entry

Garicano, Luis and Rossi-Hansberg, Esteban (2012) Organizing growth Journal of Economic Theory, 147 (2). 623-656. ISSN 1095-7235

Garicano, Luis and Hubbard, Thomas N. (2012) Learning about the nature of production from equilibrium assignment patterns Journal of Economic Behavior and Organization, 84 (1). 136-153. ISSN 0167-2681

Garicano, Luis and Wu, Yanhui (2012) Knowledge, communication, and organizational capabilities Organization Science, 23 (5). 1382-1397. ISSN 1047-7039

2011

Fuchs, William and Garicano, Luis (2011) Matching problems with expertise in firms and markets Journal of the European Economic Association, 8 (2-3). 354-364. ISSN 1542-4774

2010

Criscuolo, Chiara and Garicano, Luis (2010) Offshoring and wage inequality: using occupational licensing as a shifter of offshoring costs American Economic Review, 100 (2). 439-443. ISSN 0002-8282

Garicano, Luis (2010) Financial regulation: can we avoid another great recession? CEP Election Analysis, CEPEA011. The London School of Economics and Political Science, Center of Economic Performance, London, UK.

Centre for Economic Performance, and Machin, Stephen and Van Reenen, John and Wadsworth, Jonathan and Marie, Olivier and McNally, Sandra and Cooper, Zack and McGuire, Alistair and Bell, Brian and Garicano, Luis and Petrongolo, Barbara and Cunningham, Tom and Ilzetzki, Ethan and Overman, Henry G. and Martin, Ralf (2010) CEP election analysis 2010: a series discussing the research evidence on some of the key battlegrounds of the 2010 General Election Centre for Economic Performance, London School of Economics and Political Science, London, UK.

Dessein, Wouter and Garicano, Luis and Gertner, Robert (2010) Organizing for synergies American Economic Journal: Microeconomics, 2 (4). 77-114. ISSN 1945-7669

Garicano, Luis and Heaton, Paul (2010) Information technology, organization, and productivity in the public sector: evidence from police departments Journal of Labor Economics, 28 (1). 167-201. ISSN 0734-306X

Garicano, Luis and Prat, Andrea (2010) Organizational economics with cognitive costs. In: Econometric Society World Congress, 17-21 Aug 2010, Shanghai, China

Garicano, Luis and Lastra, Rosa (2010) Towards a new architecture for financial stability: seven principles CEP Discussion Papers, CEPDP0990. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

Cunat, Vicente and Garicano, Luis (2010) Concedieron las cajas “buenas” créditos “malos”? Gobierno corporativo, capital humano y carteras de créditos In: Bentolila, Samuel and Boldrin, Michele and Diaz-Gimeez, Javier and Dolado, Juan J., (eds.) la Crisis De la Economía Española: Análisis Económico De la Gran Recesión. Colección monografías fedea. Fedea, Madrid, Spain, 351-398.

2009

Garicano, Luis and Hubbard, Thomas N. (2009) Specialization, firms, and markets: the division of labor within and between law firms Journal of Law, Economics, and Organization, 25 (2). 339-371. ISSN 1465-7341

Cunat, Vicente and Garicano, Luis (2009) Did good cajas extend bad loans? The role of governance and human capital in Cajas' portfolio decisions . In: Fedea annual policy conference, 30 Oct 2009, Madrid, Spain

Bloom, Nick and Garicano, Luis and Sadun, Raffaella and Van Reenen, John (2009) The distinct effects of information technology and communication technology on firm organization CEP Discussion Papers, 927. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

2008

Antras, Pol and Garicano, Luis and Rossi-Hansberg, Esteban (2008) Organizing offshoring: middle managers and communication costs In: Helpman, Elhanan and Marin, Dalia and Verdier, Thierry, (eds.) The Organization of Firms in the Global Economy. Harvard University Press, USA, 311-340. ISBN 978067430817

2007

Crémer, Jacques and Garicano, Luis and Prat, Andrea (2007) Language and the theory of the firm Quarterly Journal of Economics, 122 (1). 373-407. ISSN 0033-5533

Garicano, Luis and Heaton, Paul (2007) Information technology, organization, and productivity in the public sector: evidence from police departments CEPDP, 826. Centre for Economic Performance, London School of Economics and Political Science, London, UK. ISBN 9780853280873

Garicano, Luis and Hubbard, Thomas N. (2007) Managerial leverage is limited by the extent of the market: hierarchies, specialization and utilization of lawyers' human capital Journal of Law and Economics, 50 (1). 1-45. ISSN 0022-2186

2006

Garicano, Luis and Rossi-Hansberg, Esteban (2006) Organization and inequality in a knowledge economy Quarterly Journal of Economics, 121 (4). 1383-1435. ISSN 0033-5533

Garicano, Luis and Rossi-Hansberg, Esteban (2006) The knowledge economy at the turn of the twentieth century: the emergence of hierarchies Journal of the European Economic Association, 4 (2-3). 396-403. ISSN 1542-4774

Garicano, Luis and Hubbard, Thomas N. (2006) Firms' boundaries and the division of labor: empirical strategies Journal of the European Economic Association, 1 (2-3). 495-502. ISSN 1542-4774

Antras, Pol and Garicano, Luis and Rossi-Hansberg, Esteban (2006) Offshoring in a knowledge economy Quarterly Journal of Economics, 121 (1). 31-77. ISSN 0033-5533

2005

Garicano, Luis and Posner, Richard A. (2005) Intelligence failures: an organizational perspective Journal of Economic Perspectives, 19 (4). 151-179. ISSN 0895-3309

Garicano, Luis and Hubbard, Thomas N. (2005) Hierarchical sorting and learning costs Journal of Economic Behavior and Organization, 58 (2). 349-369. ISSN 0167-2681

Arruñada, Benito and Garicano, Luis and Vázquez, Luis (2005) Completing contracts ex post: How car manufacturers manage car dealers Review of Law and Economics, 1 (1). 149-173. ISSN 1555-5879

Garicano, Luis and Palacios-Huerta, Ignacio and Prendergast, Canice (2005) Favoritism under social pressure Review of Economics and Statistics, 87 (2). 208-216. ISSN 0034-6535

2004

Garicano, Luis and Rossi-Hansberg, Esteban (2004) Inequality and the organization of knowledge American Economic Review, 94 (2). 197-202. ISSN 0002-8282

Prat, Andrea and Cremer, Jacques and Garicano, Luis (2004) Codes in organizations. In: Stanford Institute for Theoretical Economics 2004 Summer Workshop, 28 Jun - 22 Aug 2004, California, USA

Garicano, Luis and Santos, Tano (2004) Referrals American Economic Review, 94 (3). 499-525. ISSN 0002-8282

Cremer, Jacques and Garicano, Luis and Prat, Andrea (2004) Codes in organizations 4205. Centre for Economic Policy Research, London, UK.

2002

Garicano, Luis and Kaplan, Steven N. (2002) Business-to-business e-commerce; value creation, value capture and valuation Advances in Applied Microeconomics, 11. 89-125. ISSN 0278-0984

2001

Garicano, Luis and Kaplan, Steven (2001) The effects of business-to-business e-commerce on transactions costs Journal of Industrial Economics, 49 (4). 463-487. ISSN 0022-1821

Arruñada, Benito and Garicano, Luis and Vázquez, Luis (2001) Contractual allocation of decision rights and incentives: the case of automobile distribution Journal of Law, Economics, and Organization, 17 (1). 257-284. ISSN 1465-7341

2000

Garicano, Luis (2000) Hierarchies and the organization of knowledge in production Journal of Political Economy, 108 (5). 874-904. ISSN 0022-3808

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Blog

Awards

Banco Herrero prize to the best Spanish Economist under 40

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