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From 1985 to 2000 the total divorce rate (TDR) in Uruguay doubled from 15% to 30%, the highest figure in South America. Despite the increasing number of divorces and separations, there is still little information concerning contact between non resident parents and children and payment of child...
Persistent link: https://www.econbiz.de/10008740334
International electricity spot trade between two countries is modeled as a sequence of bargaining games, one for each trade opportunity. Each game has a benefit per time unit and random duration. There is a correspondence between this trade game and the bargaining game for the partition of a pie...
Persistent link: https://www.econbiz.de/10010611067
In this paper we estimate a structural model for retirement behavior using data on labor history of public employees in Uruguay. We use a modied version of the model proposed by Jimenez-Martin and Sánchez-Martin (2007) adjusted to the uruguayan case. The estimated coeffcient of relative risk...
Persistent link: https://www.econbiz.de/10010611068
In a paper on pension plans in eleven Latin American countries, Forteza and Ourens (2011) report two remarkable results: the rates of return are not sensitive to retirement ages if the number of years of service remains constant, and there are large discontinuities in the rates of return...
Persistent link: https://www.econbiz.de/10010611069
This paper analyses the magnitude and speed of the exchange rate pass-through to prices comparing the results from a Semi-structural Model, VAR models, nonlinear regressions and the Kalman Filter. This paper also discusses the relation between a set of macroeconomic fundamentals and the exchange...
Persistent link: https://www.econbiz.de/10010611070
In this paper we realize a descriptive characterization of the intense transnationalization process in the meat-packing industry in Uruguay in the last years. We show the main determinants of foreign direct investment (FDI) from international and regional factors, to general determinants in the...
Persistent link: https://www.econbiz.de/10010611071
Uruguay is carring out an incipient regulatory reform process in telecommunication sector. The reform stresses on the liberalization of all services but fixed telephone and national long distance, and the creation of a regulatory agency. Privatization of the national utility is not foreseen. The...
Persistent link: https://www.econbiz.de/10005481469
Social Security systems in Latin America prior to the reforms exhibited some problems that have been reported also in other parts of the world, including OECD countries. This is the case for instance of the increasing pressure that the pension system put on fiscal accounts. Other problems that...
Persistent link: https://www.econbiz.de/10005481470
We study the behavioral denition of complementary goods: if the price of one good increases, demand for a complementary good must decrease. We obtain its full implications for observable demand behavior (its testable implications), and for the consumer's underlying preferences. We characterize...
Persistent link: https://www.econbiz.de/10005481471
Persistent link: https://www.econbiz.de/10005481472