In this paper we present a formal definition of the notions of economic regime and regime dynamics. Starting from these definitions, we discuss a multiple regime dynamic model generating an endogenous unemployment-price adjustment mechanism. Two different employment regimes are introduced and...

This paper shows that labor market policies and institutions have an impact on the effectiveness of economic reform programs. The analysis compares annual growth rates across 119 countries, using data from 449 adjustment credits and loans given by the World Bank between 1980 and 1996. The...

Wage dispersion had increased significantly in developing countries, despite the openness to trade of these economies. Research on this issue, using approaches valid under the assumption of conventional demand-supply competitive framework, conclude that this observed increase in wage inequality...

The purpose of this article is to analyze the main characteristics of the jobs of workers who attended college in comparison of workers who finished high school and did not pursued their studies. On one hand, there is a description of unemployment and jobs of different groups. For workers who...

The empirical evidence presented in this paper casts doubts on the by now widely accepted "fact"that the exchange rate based stabilization programs are expansionary. Even though these programs were associated with output booms, no evidence of booms caused both by the stabilization programs is...

En este artículo pretendemos mostrar que el conjunto de las economías singulares, si bien pequeño desde el punto de vista de la topología, tiene importantes efectos en el desarrollo de los regímenes económicos. Es el responsable de los cambios abruptos en los estados de equilibrio, y de la...

The present work studies the incidence of obesity and socioeconomic status on the prevalence of hypertension on the elderly of Montevideo, Uruguay. Based on data from the Survey on Health, Well-being and Aging (SABE project, PAHO-WHO), a bivariate probit model is estimated controlling by the...

Smoking is influenced by the interaction of individual, social, environmental and cultural, that impact the decision to smoke and the consumption pattern. The present study aimed to analyze which elements characterize smokers in Uruguay. The study was conducted based on the Encuesta Continua de...