We assess redistribution in the Uruguayan main pension and unemployment insurance programs on a lifetime basis. Using administrative records from social security, we simulate lifetime declared labor income and flows of contributions and benefits of affiliates to the programs. Expected present...

This paper analyses the magnitude and speed of the exchange rate pass-through to prices comparing the results from a Semi-structural Model, VAR models, nonlinear regressions and the Kalman Filter. This paper also discusses the relation between a set of macroeconomic fundamentals and the exchange...

This paper assesses the willingness to justify illegal actions and whether this attitude has changed between 1995 and 2005. Our dataset are 1995 and 2005 waves of World Values Survey. Permissiveness or the willingness to justify illegal actions is a cultural phenomenon that can be defined in...

This document starts looking at the long run’s growth process of the Uruguayan economy, showing that this country had a very poor performance contrasting with the world economy’s rates of expansion. In the last years, the economic integration linked Uruguayan growth very closely with...