This paper tests the existence of poverty traps in three Southern Cone countries: Argentina, Brazil and Uruguay. We apply the methodology developed by Antman and McKenzie (2005): based on pseudopanels, we model the income dynamics of households and analyze the existence of heterogeneity in their...

This paper analyzes how changes in the social security scheme affect the participation path of workers between the formal and the informal sectors. The choice between the formal and informal sectors is completely voluntary. In this framework, individuals, depending on the retirement program and...