We estimate indicators of incentives to retire in a sample of individuals affiliated to the main Uruguayan social security program and we assess their impact on retirement and pension claims observed between 1996 and 2004. The implicit tax on work in this population is high compared to other...

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...

This article considers the distributional impact of different changes in Uruguayan tax system, using a static micro-simulation framework based on the combination of data from household and expenditure surveys. On the indirect taxes side, we consider two alternatives that imply the same reduction...

The process of globalization has brought a major change in the international economy, and the scope of feasible trade between countries has broadened. Global value chains combine participation by geographically disperse suppliers in the production of modern manufactures characterized by an...

This paper provides an analysis of solutions to bankruptcy problems from an axiomatic point of view. In particular, we provide characterizations of certain classes of solutions involving the properties of linearity, symmetry and efficiency. Furthermore, we show that there is a unique solution...

The figures show that in Uruguay there are not significant changes in the composition of employment by qualifications during the last decade, being the majority group those of medium skilled workers. Even when in the period there was a significant increment in employment, it was not exempt of...

The Pareto optimal concept does not concern with fairness or equality, it is a concept related to efficiency. In this paper, using techniques from the general equilibrium theory, we relate efficiency, fairness and stability of an economy.

This paper describes the dynamics of the economic performance of the sub-national Mexican states from 1970 to 2006; the used state variables are the levels and the growth rates of the GDP per capita. The authors situate his approach in a conceptual and methodological panorama of the existent...

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...