Uruguay is a small economy. Its integration to MERCOSUR has increased the exposure to regional macroeconomic inestability. The aim of this paper is to assess the impact of regional integration on labour market and poverty. We estimated wage differentials between labour categories, finding a 60%...

In this document we made a descriptive analysis of the evolution of the female participation in comparison to the masculine one in the Uruguayan labor market between 1986 and 2000. The descriptive analysis of the tendencies of the participation made according to the variables related to the...

Excess distortions in the welfare state might be the consequence of the government's lack of ability to commit not to help "unlucky" agents. Incentive considerations that are crucial in standard insurance in the presence of moral hazard, plays no role in this case. As a consequence, the...

The purpose of the paper is to assess the costs and benefits of different integration options for the Mercosur with all other countries in the Americas. A multiregional, multisector CGE model is used to simulate the effects of several scenarios that are currently on debate. Alternative...

This paper investigates the macroeconomic impacts of the reform of public services in Uruguay. A computable general equilibrium (CGE) model is used to simulate different policy scenarios, analyzing the reforms of the regulatory framework of public services, changes in their investment policies,...

This paper analyzes non-competitive market conduct in the U.S. cattle procurement markets. Rather than relying on estimation of conduct parameters or measures of market concentration the analysis is based on the dynamics of price adjustment across regional markets. A VAR model is estimated using...