In the last two decades, the interest in learning about the poverty levels of the different countries has reflected growing concer. This has been partly due to the economic recession and the high rates of unemployment that the western economies have gone through during that period, and partly,...

In this paper we analyze the economic returns to schooling in Uruguay. Instrumental variables are used to estimate mean and quantile regressions. An indicator of whether an Internet connection is available at home is used as an instrument for the years of schooling of the household head. The...

This document considers an eventual Free Trade Area between the US and MERCOSUR with the objective of constructing two lists of products (HS 6 digits), one expansive (trade opportunities) and one defensive (trade perils), for each of the participants in the agreement. The theoretical model of...

In this paper we contrast the Concentration Hypothesis developed by Bergmann (1971 and 1974) for the 1986-1997 period. This “hypothesis” maintain that women concentration in a few occupations caused by discrimination, produce a decrease in wages of all individuals in these occupations. Also,...

La crisis del sudeste asiático y la recesión en Japón parecieran tener un efecto directo relativamente acotado en los flujos de comercio agregados del Cono Sur, sin embargo parece ser significativo el impacto de la turbulencia en los mercados de capitales. Chile y Brasil confrontan esta...

El presente trabajo tiene como objetivo analizar el impacto de la reforma de la seguridad social de 1995 sobre las cuentas generacionales, esto es, sobre el valor presente del conjunto de prestaciones netas de aportes percibidas a lo largo del ciclo de vida por distintas cohortes. Este tipo de...

Using a panel of Uruguayan manufacturing firms we analyze the adjustment process in capital, blue collar and white collar employment. Our results confirm the lumpy nature of factor adjustment, the relevance of nonlinearities and the interdependence between factor shortages. The average annual...