This paper analyzes the role of the sharply increases in the minimum wage after 2004 in Uruguay in the slight decrease on wage inequality. We Önd no impact of the miminum wage increases on wage inequality. This results can be explained by the low starting level of the minimum wage or lack of...

In the case of natural monopolies there tends to be a trade-off between a higher quality of output provided by private firms, and a better access for poor consumers provided by public firms. This is partly the reflection of differences in objectives by private and public firms. The former tend...

Latin America is a region of sharp inequalities that are far from ethnically blind. In particular, there exists a significant socioeconomic gap between Latin Americans of European and the Afrodescendant and Indigenouos populations. Uruguay has usually been considered an exception to this...