The effects of market and policy reforms on poverty and inequality in Latin America have been of considerable concern. The region continues to have relatively great income inequalities. Two different societies with the same income distribution may have different levels of social welfare because...

(Disponible en idioma inglés únicamente) La enseñanza es un factor sumamente importante del desarrollo económico. Hay un gran cúmulo de obras empíricas publicadas sobre los factores que determinan el logro en la enseñanza. La mayor parte de esa obra publicada, sin embargo, emplea datos...

Este trabajo emplea dados de nivel micro de procedimientos judiciales en Uruguay para mostrar pruebas de que las acusadas reciben un tratamiento más favorable en los tribunales que los acusados. Esto se debe a procedimientos más prolongados de remate judicial y a que hay una mayor probabilidad...

Schooling is a major factor in economic development. There is extensive empirical literature on what determines schooling attainment. But most of this literature uses micro data to explore connections between schooling attainment and family background and experiences, local markets, local...

Three alternative specifications of an investment equation have been tested using panel data of Uruguayan firms: a traditional accelerator model of investment, an error-correction version of the accelerator model and an Euler equation for the capital stock. These models of investment were used...

(Available only in Spanish) This work attempts to answer the question: How has trade and financial liberalization affected inequality and poverty in Latin America? To do this, we use a methodology to estimate the effect of economic liberalization on inequality and poverty, and apply it to a...

(Disponible en idioma inglés únicamente) En este trabajo se presentan elementos de juicio sobre la relación entre las sacudidas económicas y el salario relativo de los varones y los cambios de consumo de los hogares en México durante los años 90, un período caracterizado por una...

(Disponible en idioma inglés únicamente) Los efectos de las reformas de mercado y de políticas sobre la pobreza y la desigualdad en América Latina han sido motivo de considerable preocupación. La región sigue exhibiendo desigualdades de ingresos relativamente grandes. Dos sociedades...

This paper constructs a general equilibrium overlapping generation model to evaluate quantitatively how demographic transition (falling mortality and fertility rates) affects aggregate variables (wages, interest rate, output), and inter-generational welfare in closed and open economies. We...

This paper studies the impact of trade liberalization on labor and capital gross flows and productivity in the Uruguayan manufacturing sector. Uruguay opened its economy in the presence of -at least initially- strong unions and structurally different industry concentration levels. Higher...