Showing 1 - 10 of 138
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
in Spain. Real wages are weakly procyclical in Spain and, focusing on different phases of the business cycle, we find …, higher levels of unemployment do not translate into additional real wage adjustments when the economy is contracting, while … lower levels of unemployment during expansions have incremental effects on wage elasticity. This general result holds after …
Persistent link: https://www.econbiz.de/10013027875
displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and Austrian workers face …
Persistent link: https://www.econbiz.de/10014080742
Spain are automatically extended to all firms, setting wage minima for workers in the same province-industry-skill cell. We … aggregate shocks. Using the exact dates of bargaining periods of all sector-level contracts in Spain, we find that agreements …
Persistent link: https://www.econbiz.de/10013031020
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