In this paper we analyze the recent performance, perspectives and some policy options for two public social security programs in Uruguay: pensions and unemployment insurance. We review the impact of these programs on public expenditure, including recent and expected future trends, and on income...

In this paper we study the effects of increasing imports and foreign firm supply, as a consequence of trade liberalization policies, on the innovative activities of firms in a small developing economy. This is an interesting case as very little research exists on the R&D investments of firms in...

The present paper is a first attempt to measure and explain, from an economic perspective, the religious behavior of uruguayans (women in this stage), and compare the results with those obtained for some Latin American and developed countries. In this first stage, the efforts were concentrated...

In this paper I describe and apply the methods of Symbolic Time Series Analysis (STSA) to an experimental framework. The idea behind Symbolic Time Series Analysis is simple: the values of a given time series data are transformed into a finite set of symbols obtaining a finite string. Then, we...

En este trabajo se presentan las estimaciones de una función de costos translogarítmica en base a un modelo de datos panel para la industria uruguaya para 541 empresas entre 1988-1994. Asimismo se presentan las estimaciones para distintos agrupamientos, por tipo de empresa, mercado y...

Utilizing data from the Health, Well-Being, and Aging Survey (La Encuesta sobre Salud,Bienestar, y Envejecimiento), this study analyzes the health status of adults over age 60 in five Latin American countries: Argentina, Brasil, Chile, México, and Uruguay. We employ ordered probit models that...

During the last decade changes have taken place in the structure of the expenditure of the Uruguayan households. In particular, the expenditure in health care raised and diversified. Using data from income and expenditure survey (Encuesta de Gastos e Ingresos 1994-95, Instituto Nacional de...

In a small open economy, the exchange rate is a key variable from the perspective of the political economy of macro policy. It is, indeed, one of the most powerful instruments that governments can use to achieve their goals. Recent theories of political macroeconomics stress that maximization of...