Allen, Steven; Cassoni, Adriana; Labadie, Gastón J. - In: Estudios de Economia 21, esp Year 1994, pp. 127-146
This study compares evidence on wage rigidity in Chile and Uruguay to determine whether differences in labor market … estimates show that wages in Uruguay were highly flexible at the aggregate level during the period when the military government …. At the micro level, we find much more relative wage adjustment across industries in Chile than Uruguay and that labor in …