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This study examines the impact of unions on wages and employment using data from Uruguay in a period where unions were banned (1973-1984), then legalized with tripartite bargaining (1984-1991) followed by industry-wide or firm-specific bargaining (1992-1997). The relationship between wages and...
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This study compares evidence on wage rigidity in Chile and Uruguay to determine whether differences in labor market flexibility could have had an impact on the very different patterns of unemployment observed in the two countries. Phillips curve estimates show that wages in Uruguay were highly...
Persistent link: https://www.econbiz.de/10005687669
CGEMs are one of the most potentially powerful tools for simulating policies. However, a major restriction they face is them needing a huge number of parameters that are not always available, and even at times impossible to obtain. When CGEMs are applied to trade, Armington elasticities of...
Persistent link: https://www.econbiz.de/10009359925
The subject of labor unions in Latin America provokes a variety of diverse and strongly held views. While some see unions as a way to protect workers' rights and ensure an equitable distribution of income, others see unions as a drain of productivity or an intrusion of politics into the...
Persistent link: https://www.econbiz.de/10010772517
The subject of labor unions in Latin America provokes a variety of diverse and strongly held views. While some see unions as a way to protect workers' rights and ensure an equitable distribution of income, others see unions as a drain of productivity or an intrusion of politics into the...
Persistent link: https://www.econbiz.de/10010943600
This study examines the impact of unions on wages and employment using data from Uruguay in a period when unions were banned (1973-1984), then legalized with tripartite bargaining (1984-1991) followed by industry-wide or firm-specific bargaining (1992-1997). The paper begins with background on...
Persistent link: https://www.econbiz.de/10010943880
Uruguays inability to sustain high levels of economic growth cannot be fully explained by external shocks, the prevailing institutional setting or the level of human capital accumulation. Instead, low investment in knowledge capital stands as a most likely explanation. This hypothesis is...
Persistent link: https://www.econbiz.de/10010943929
This study examines the impact of unionization and the level of centralization in bargaining, at the level of the industry or the firm, on wages and on the economic performance of firms within the manufacturing sector in Uruguay, using a panel of establishments for the period 1988 to 1995. The...
Persistent link: https://www.econbiz.de/10010944529