This study applies the extension of the Machado and Mata (2005) decomposition developed by Albrecht, Vuuren y Vroman (2009) to analyze the gender wage gap in Uruguay. The wage gap is increasing the upper part suggesting a glass ceiling in Uruguay. We also find a positive selection effect.

Inflation expectations are key unobservable variables for decision-making, especially in managing monetary policy. Understand how to formulate them, if they are rational or adaptive is vital. This study answers these questions through a panel data analysis of the micro data from the inflation...

We use a rich and unique dataset of 20 million daily prices in groceries and supermarkets across the country to analyze stylized facts of the behaviour of consumer prices. Our findings are as follows: i) The median duration of prices is little over 2 months. Therefore, retail prices in Uruguay...