This study, conducted with a sample of Spanish listed companies during the period 1998-2008,examines the role of financial reporting quality and debt maturity in investment efficiency.The results show that financial reporting quality mitigates the overinvestment problem.Likewise, lower debt...

Both, quantitative methods and case analyses have been extensively used in the literature on International Business in order to study a wide range of internationalization decisions by firms. On the contrary, the Qualitative Comparative Analysis (QCA) and, in particular, the fuzzy set QCA...

In recent decades, spatial effects have been incorporated into mainstream economics. Nevertheless, although the addition of these spatial effects to the inequality indexes would be a natural extension in this line of research, to our knowledge, there are not contributions assessing neighborhood...

This paper develops a model which integrates the foral or cupo system applied to the Basque Country and Navarre, with the common system applied to the other fifteen Spanish autonomous communities. This approach contributes to the understanding of the relationship between foral, non-foral and...

There is a recent tendency toward encouraging universities to merge. This policy is based on the idea that mergers create synergy gains that enhance universities’ prestige by increasing their international visibility. However, this process may reduce competition for both research funds and...

In this paper we provide a general equilibrium model that helps explaining payment choice at the retail level: cash, electronic and paper-based instruments. In particular, it provides theoretical foundations to reconcile previous empirical evidence on this issue. The payment pattern of a given...

We report experimental evidence on the effects of social preferences on intertemporal decisions. To this aim, we set up an intertemporal Dictator Game and investigate whether (and how) subjects change theirchoices, compared with those they had taken in absence of any payoff externality in a...

The recent recession has generated a tremendous increase in unemployment rates in Spain. In this paper we use a very rich repeated cross-section dataset on workers’ job conditions, together with regional unemployment rates, to investigate whether peers’ unemployment affects individuals’...