Now showing items 1-20 of 94

    • The role of sentiment and stock characteristics in the translation of analysts’ forecasts into recommendations 

      Corredor Casado, María Pilar Upna; Ferrer Zubiate, Elena Upna; Santamaría Aquilué, Rafael Upna (Elsevier, 2019)   Artículo / Artikulua
      The purpose of this paper is to further understanding of the determinants of analysts’ translational effectiveness and, specifically, the role of stock characteristics in the impact of sentiment in the translation of ...
    • When do women make a better table? Examining the influence of women directors on family firm's corporate social performance 

      Cruz, Cristina; Justo, Rachida; Larraza Kintana, Martín Upna; Garcés Galdeano, Lucía Upna (SAGE Publications, 2019)   Artículo / Artikulua  OpenAccess
      Our paper seeks to further understand the influence of gender board diversity on firms' corporate social performance (CPS) in the context of publicly held family firms. Grounded on corporate governance and family firm ...
    • The use of a retail store database for brand choice analysis 

      Berné, Carmen; Cortiñas Ugalde, Mónica Upna; Elorz Domezain, Margarita Upna; Múgica Grijalba, José Miguel Upna (Taylor & Francis, 2004)   Artículo / Artikulua  OpenAccess
      Retailers who wish to make decisions for a single store and have access to the scanner data of all purchases and to the scanner data of customer card-holders may worry about erroneous inferences when using one of the two ...
    • Online category pricing at a multichannel grocery retailer 

      Cebollada Calvo, Javier; Chu, Yanlai; Jiang, Zhiying (Elsevier, 2019)   Artículo / Artikulua
      As the importance of online grocery shopping increases, both pure-play online grocers and multichannel grocers are likely to be interested in setting optimal prices for their online stores. We use a unique household scanner ...
    • Unconventional monetary policy, competition and financial stability. Evidence from the Eurozone banks 

      Mansilla Fernández, José Manuel Upna; Bakaikoa Pedrosa, Ane (Asociación Internacional de Economía Aplicada (ASEPELT), 2020)   Artículo / Artikulua
      This article analyses the effects of the ECB’s negative interest rates (or unconventional) policy on the degree of banking competition, lending and deposit supply, and financial stability. Using a dataset comprising 191 ...
    • Do better workplace environmental conditions improve job satisfaction? 

      Erro Garcés, Amaya Upna; Ferreira, Susana (Elsevier, 2019)   Artículo / Artikulua
      Using data from the Sixth European Working Conditions Survey collected in 2015, estimates of the contribution of workplace environmental factors to the job satisfaction of about 44,000 Europeans from 35 countries are ...
    • Spaniards and Spanish product image amont the Chinese: Implications for marketing strategies 

      Aramendia Muneta, María Elena Upna; Grande Esteban, Ildefonso Upna (Cambridge Scholars Publishing, 2016)   Artículo / Artikulua  OpenAccess
      This article reports the results of an exploratory study among the Chinese about General Country Attributes (GCA) and General Product Attributes (GPA) in Spain. The objective of the research is to measure the images ...
    • Entrepreneurs’ human capital and growth aspirations: the moderating role of regional entrepreneurial culture 

      Capelleras, Joan Lluís; Contín Pilart, Ignacio Upna; Larraza Kintana, Martín Upna; Martín Sánchez, Víctor (Springer, 2019)   Artículo / Artikulua  OpenAccess
      This paper investigates the impact of entrepreneurs’ human capital on their growth aspirations and the moderating role of regional entrepreneurial culture in this relationship. Based on human capital theory, we argue that ...
    • Disentangling the transmission channel NPLs-cost of capital-lending supply 

      Chiesa, Gabriella; Mansilla Fernández, José Manuel Upna (Routledge, 2018)   Artículo / Artikulua
      This paper analyses the effects of non-performing loans (NPLs) on the cost of capital, and on lending and liquidity supply, for a sample of 225 Eurozone banks over the period 2002Q1-2016Q4. Our results demonstrate that ...
    • A forecasting analysis of risk‐neutral equity and Treasury volatilities 

      González Urteaga, Ana Upna; Nieto, Belén; Rubio, Gonzalo (Wiley, 2019)   Artículo / Artikulua
      This paper employs equity (VIX) and Treasury (MOVE) risk‐neutral volatilities to assess their relative forecasting performance with respect to future real activity, stock and Treasury excess returns, and aggregate risk ...
    • Future directions in international financial integration research. A crowdsourced perspective 

      Lucey, Brian M.; Vigne, Samuel A.; Ballester Miquel, Laura; Barbopoulos, Leonidas; Brzeszczynski, Janusz; Carchano, Óscar; Dimic, Nebojsa; Fernández, Viviana; Gogolin, Fabian; González Urteaga, Ana Upna (Elsevier, 2018)   Artículo / Artikulua  OpenAccess
      This paper is the result of a crowdsourced effort to surface perspectives on the present and future direction of international finance. The authors are researchers in financial economics who attended the INFINITI 2017 ...
    • Estimating the elasticity of intertemporal substitution with leverage 

      González Urteaga, Ana Upna; Rubio, Gonzalo (Elsevier, 2017)   Artículo / Artikulua  OpenAccess
      Following the recent literature on intermediary asset pricing models, this paper argues that the marginal utility of wealth of financial intermediaries can be used to generate enough volatility and counter-cyclicality on ...
    • The joint cross-sectional variation of equity returns and volatilities 

      González Urteaga, Ana Upna; Rubio, Gonzalo (Elsevier, 2017)   Artículo / Artikulua  OpenAccess
      This paper analyzes the determinants of the simultaneous cross-sectional variation of return and volatility risk premia. Independently of the model specification employed, the estimated risk premium associated with the ...
    • The cross-sectional variation of volatility risk premia 

      González Urteaga, Ana Upna; Rubio, Gonzalo (Elsevier, 2016)   Artículo / Artikulua  OpenAccess
      This paper analyzes the determinants of the cross-sectional variation of the average volatility risk premia for a representative set of portfolios sorted by volatility risk premium beta. The market volatility risk premium ...
    • How credit ratings affect sovereign credit risk: cross-border evidence in Latin American emerging markets 

      Ballester Miquel, Laura; González Urteaga, Ana Upna (Elsevier, 2016)   Artículo / Artikulua  OpenAccess
      This article builds upon previous literature by providing a better understanding of how contagion changes in bordering sovereign CDS emerging markets resulting from credit rating events. To that end, we follow the novel ...
    • Bank fragility and contagion: evidence from the bank CDS market 

      Ballester Miquel, Laura; Casu, Barbara; González Urteaga, Ana Upna (Elsevier, 2016)   Artículo / Artikulua  OpenAccess
      Understanding how contagion works among financial institutions is a top priority for regulators and policy makers who aim to foster financial stability and to prevent financial crises. Using bank credit default swap (CDS) ...
    • Transmisión del riesgo de crédito en el sector bancario Europeo: crisis subprime y deuda soberana 

      Ballester Miquel, Laura; González Urteaga, Ana Upna; Tudela Ferrándiz, David (Taylor & Francis, 2014)   Artículo / Artikulua  OpenAccess
      El objetivo del presente trabajo es analizar en profundidad la transmisión del riesgo de crédito, aproximado por los CDS spreads, en el sector bancario europeo durante el periodo 2006-2012, intentando dar respuesta a ...
    • Volatility spillovers in the European bank CDS market 

      Alemany, Aida; Ballester Miquel, Laura; González Urteaga, Ana Upna (Elsevier, 2015)   Artículo / Artikulua  OpenAccess
      From the 2007 subprime crisis to the recent Eurozone debt crisis,the banking industry has experienced terrible financial instabilitywith increasing volatility levels of bank default probability. UsingEuropean CDS spreads ...
    • Further empirical evidence on stochastic volatility models with jumps in returns 

      González Urteaga, Ana Upna (Elsevier España, S.L., 2012)   Artículo / Artikulua  OpenAccess
      Using the Efficient Method of Moments we estimate a continuous time diffusion for the stochastic volatility of some international stock market indices that allows for possible jumps in returns. These jumps are needed for ...
    • Public funds and internal innovation goals as drivers of formal and informal open innovation practices: a European regional comparison 

      Cruz Cázares, Claudio; Bayona Sáez, Cristina Upna; García Marco, María Teresa Upna; Berends, Hans; Smits, Armand; Reymen, Isabelle (Emerald, 2018)   Artículo / Artikulua  OpenAccess
      Objetivo: La innovacion abierta (IA) ha demostrado ser crucial para aumentar la innovacion y el desempeno economico de las empresas. Sin embargo todavia existe una comprension limitada de los factores que impulsan realizar ...