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The aim of this paper is to analyse the reaction of the stock prices of competing companies to the signature of a firm-level collective agreement. Considering that this type of agreement slants to the rise the wages of these firms with respect to those of the sector, we have found empirical...
Persistent link: https://www.econbiz.de/10005731152
The aim of this paper is to analyse the disclosure activity in press around a labor event, for the companies quoted on Spanish continuous market and the reaction of stock prices of those firms affected by such events. The previous period to the signature of a firm level collective agreement...
Persistent link: https://www.econbiz.de/10005812829
We study accounting choice around firm-level collective agreement negotiations. Prior literature argues that managers make income-decreasing accounting choices to limit the concessions made to trade unions. However, empirical research to date fails to find evidence in support of this hypothesis....
Persistent link: https://www.econbiz.de/10008678228
This paper makes a proposal for a taxonomy of boundary changes in Spanish municipalities along time. The different types of changes are organized in a hierarchy, as well as represented in a homogeneous manner, independently of the number of municipalities involved and of the changes suffered....
Persistent link: https://www.econbiz.de/10010986704
This paper provides empirical evidence on the relationship between indicators of competitive pressure and innovation incentives using panel data of Spanish manufacturing firms for the period 1990-2006. Instead of using standard indicators of competition, such as market concentration measures or...
Persistent link: https://www.econbiz.de/10010860691
Persistent link: https://www.econbiz.de/10010860692
During the years of crisis, Spain’s autonomous communities have experienced a significant general increase in their deficits and, until 2012, have had severe difficulties to control them. Their debts have grown strongly and are considered the most worrying element of Spain’s public finance...
Persistent link: https://www.econbiz.de/10010860693
This paper aims to contribute to the literature on New Economic Geography by providing empirical evidence for the connections between new trade theory and the spatial distribution of economic activities. To do this, we apply Social Network Analysis specifically to the World Automotive Trade...
Persistent link: https://www.econbiz.de/10010860694
This paper presents an exercise in the definition of cities from clear and explicit quantitative criteria. The city concept is linked to the local political level, so in this sense we can talk about “administrative cities”, since they are formed by one municipality, or a group of them that...
Persistent link: https://www.econbiz.de/10010860695
This paper explores the key experiences that Uruguayans consider relevant for becoming an adult in Uruguay. In particular, we assess the linkages between adulthood and skills, income, labor market participation and marital status, among others transitions that have been found to be associated...
Persistent link: https://www.econbiz.de/10010860696