This paper analyzes a labor supply model in which individuals maximize a utility function that depends on leisure time, consumption and time devoted to an activity that is termed “artistic”. This activity may generate income that depends non linearly on hours dedicated to it. The individual...

This paper presents descriptive data about Uruguayan’s quality of life and spare time. The data is divided depending on sex, education, age and living place of the target people of this study. Four of five interviewed people reported feeling quite happy or very happy. However, degree of...

Using a panel of Uruguayan manufacturing firms we analyze the adjustment process in capital, blue collar and white collar employment. Our results confirm the lumpy nature of factor adjustment, the relevance of nonlinearities and the interdependence between factor shortages. The average annual...