Gutiérrez, Carlos; Sabater, Ana María - In: El Trimestre Económico LXXIX (2012) 313, pp. 195-225
The paper seeks to observe how a firm-level collective agreement influences the evolution of firm’s stock price. We first motivate the discussion by presenting a theoretic model that analyses the trade-off between a firm-level collective bargaining and the stock price of the firm. Under the...