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The paper analyses the ownership structure of a large sample of Spanish listed companies. The results are analysed in terms of governance implications under the agency theory context. The results show a picture with concentrated ownership where stock markets are relatively low important. Direct...
Persistent link: https://www.econbiz.de/10011608487
This paper analyses the foundations, possible applications and the effects of tourism taxation in Spain. The article … tourism taxation in Spain, with special mention being given to the now repealed Balearic ecotasa. Finally, the effects of two …-related sectors could have the same effects on tourist expenditure but at the costs of greater impact for Spain's economy. …
Persistent link: https://www.econbiz.de/10010312497
hypothesis (TLGH). The cases under analysis are Spain and Italy, two of the most important countries worldwide regarding the … exports cause economic growth in the long-term for both countries, whilst only for Spain tourism appears as a factor which …
Persistent link: https://www.econbiz.de/10010312651
these effects in the generational accounting framework. An empirical application for Spain illustrates that our proposed … decomposition of indicators is empirically relevant. Standard generational accounting suggests that fiscal sustainability in Spain …
Persistent link: https://www.econbiz.de/10010327239
Although a relevant share of firms is created out of unemployment and current active labor market policies in Europe often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment insurance (UI) generosity for self-employment. By using...
Persistent link: https://www.econbiz.de/10012315243
Persistent link: https://www.econbiz.de/10010293874
We investigate different techniques to assess the gender pay gap in five EU countries (France, Germany, Italy, Spain …
Persistent link: https://www.econbiz.de/10010297340
Reputation indexes of employment protection have proven popular constructs in studies of the covariation of labor market institutions and macroeconomic outcomes. Portugal occupies an unenviable rank order in such measures of the stringency of employment protection. We critique this reputation in...
Persistent link: https://www.econbiz.de/10010297630
This paper evaluates the appropriateness of the standard methodologies and the quality of the data frequently used to analyse labour market dynamics in Europe. Our results indicate that, due to recall error and heterogeneous survey design, the retrospective approach tends to result in a...
Persistent link: https://www.econbiz.de/10010297782
correction models for Germany, France, Italy, the Netherlands and Spain. Using the weights of the Harmonized Index of Consumer …
Persistent link: https://www.econbiz.de/10010298101