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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/197770
Empirical analysis of the relationship between labour cost stickiness and labour reforms in Spain
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This study performs an empirical analysis on the relationship between labour cost stickiness and the decrease in employment protection in the Spanish labour reforms in 2010 and 2012. Following these reforms, the sticky behaviour of labour costs substantially decreased with respect to the pre-reform period. All constituents of total labour costs followed a similar pattern: wages, social security contributions and number of employees. Results are robust to different models, estimation methods, periods of time, and industries, as well as with respect to endogeneity concerns.
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ARGILÉS BOSCH, Josep M., GARCÍA BLANDÓN, Josep and RAVENDA, Diego. Empirical analysis of the relationship between labour cost stickiness and labour reforms in Spain. Accounting & Finance. 2023. Vol. 63, num. S1, pags. 1187-1221. ISSN 0810-5391. [consulted: 7 of October of 2026]. Available at: https://hdl.handle.net/2445/197770