Long-term and short-term labor contracts versus long-term and short-term debt financial contracts

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dc.contributor.author Tribo Gine, José Antonio
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Economía de la Empresa
dc.date.accessioned 2010-02-25T11:15:59Z
dc.date.available 2010-02-25T11:15:59Z
dc.date.issued 1997-09
dc.identifier.uri http://hdl.handle.net/10016/7027
dc.description.abstract This paper has three objectives: First to analyze the interaction between the basic internal contracts that shape the firm (labor and financial contracts). In particular we show how their temporal dimensions are related. The linkage between firm-s internal contracts and the project choice (short-term or long-term) is the second objective of our study. Finally, we check how sensitive are the type of financial intermediary (banks or markets) to the relations previously studied. These results allow us to rationalize several facts that characterize the US-UK financial system and the German-Japanese ones. As a direct implication of our theoretical model, sorne empirical tests are proposed which are particularly relevant to describe sorne features of the current Spanish economy.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries UC3M Working papers. Business Economics
dc.relation.ispartofseries 97-75-10
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Financial contracts
dc.subject.other Banks
dc.subject.other Markets
dc.title Long-term and short-term labor contracts versus long-term and short-term debt financial contracts
dc.type workingPaper
dc.subject.eciencia Empresa
dc.rights.accessRights openAccess
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