RT Journal Article
T1 An analysis of the length of labour and financial contracts: a study for Spain
A1 Tribo Gine, José Antonio
AB This study investigates the connection between the duration of financial contracts and that of labour contracts. Workers with long-term contracts have incentives to invest in training. This makes them attractive to the entrepreneur. Furthermore, this behaviour will be reinforced if financial contracts are long-term, because it reduces the probability of an earlyliquidation as well as the dismissal of trained workers. As a conclusion,significant increases in the length of financing contracts should be accompaniedby corresponding increases in the length of labour contracts. Support for this theoretical contention is found by testing it on a dataset composed of Spanish manufacturing firms for the period 1991–2000.
PB Routledge
PB Taylor & Francis
SN 0003–6846 (print)
SN 1466–4283 (online)
YR 2005
FD 2005
LK https://hdl.handle.net/10016/9578
UL https://hdl.handle.net/10016/9578
LA eng
DS e-Archivo
RD 26 may. 2024