Associate Professor
Expertise
Biography
Isabella Blengin, PhD, is an Associate Professor in Economics at EHL, she teaches the courses of microeconomics and hospitality economics in the bachelor and in the online MBA program. After taking her PhDs at the University of Milano and at Boston College, she did a post-doc at the University of Lausanne. She has been visiting fellow in the economics department at MIT and summer intern at the Boston Fed.
Isabella’s most recent research project relates to exchange rate and hospitality, and examines how exchange rate appreciations affect the different sub-sectors of the Swiss hospitality industry. The goal is to give concrete instructions to hospitality industry practitioners to allow them to better protect themselves from exchange rate fluctuations. Other projects include theoretical analyses on optimal monetary policy with endogenous information, foreign currency denominated debt and optimal portfolio allocation under uncertainty.
Awards
Education
Article
The treatment of trade finance, particularly in the form of short-term letters of credit, has been subject to policy discussions during the making of Basel III rules. International public institutions representing the trade and development...
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Article
A macroeconomic perspective on Airbnb’s global presence
The rise of the P2P economy has been fueled by a range of social, economic and technological factors, but limited research has been focused on the P2P economy from a macroeconomic perspective. Therefore this study tried to identify the macroeconomic...
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Article
Optimal monetary policy when information is market-generated
The nature of the private sector’s information changes the optimal conduct of monetary policy. When firms observe their individual demand and use it as a signal of real shocks, the optimal policy consists in maximising the information content of...
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Article
How do hotels adapt their pricing strategies to macroeconomic factors?
The hospitality industry is naturally highly sensitive to subtle changes in the external environment, and its performance is affected by various external factors. Therefore, hoteliers should carefully monitor the various macroeconomic indicators...
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Article
Brand affiliation is a critical choice in the hotel business. The decision to change brand (i.e., “rebranding”) may be determined by asset-level private information as well as publicly known information related to the property. In this article, we...
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Article
This study focuses on the role of the exchange rate on hotelier’s pricing decision and business performance. This study explores the way hospitality industry practitioners react to exchange rate fluctuations and monetary policy interventions on the...
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