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This paper investigates whether the existence of knowledge spillovers, differences in the capacity of firms to assimilate them and disparities in some human resource management practices are related with the decision to innovate of Spanish firms. In order to do this, we employ data from the...
Persistent link: https://www.econbiz.de/10013133368
The sharp decline in economic activity registered in Spain over 2008 and 2009 has no precedents in recent history …
Persistent link: https://www.econbiz.de/10013135034
The aim of this paper is to analyze the evolution of productivity and how firm behavior and institutional conditions affects productivity. For that purpose, we use a longitudinal sample of Spanish manufacturing and services companies between 1983 and 2006, as well as OECD indicators on product...
Persistent link: https://www.econbiz.de/10013135684
Policy discussions on the recent financial crisis feature widespread calls to address the pro-cyclical effects of regulation. The main concern is that the new risk-sensitive bank capital regulation (Basel II) may amplify business cycle fluctuations. This paper compares the leading alternative...
Persistent link: https://www.econbiz.de/10013136687
all loans granted in Spain. We find that during the period analyzed both worse economic and tighter monetary conditions …
Persistent link: https://www.econbiz.de/10013137617
sectors in Belgium, Denmark, Spain and Portugal. Our methodology follows the approach recently developed for the International …
Persistent link: https://www.econbiz.de/10013141034
The evolution of Regional and Local governments' spending in Spain is currently under close scrutiny by national and …
Persistent link: https://www.econbiz.de/10013119437
estate assets on credit supply for non real-estate firms in Spain over 2000-2010. We show that firm-level equilibrium …
Persistent link: https://www.econbiz.de/10013119808
Despite a rapid decrease in unemployment and strong GDP and employment growth, real wages barely increased in Spain …
Persistent link: https://www.econbiz.de/10013120495
Spanish banks had to set aside a countercyclical loan loss provision during the period 2000 2004. The amount of such provision as well as the allowance accumulated had to be disclosed by banks. The former creates a natural experiment to test whether banks smooth earnings to mislead investors and...
Persistent link: https://www.econbiz.de/10013120623