Although the Latin American region's growth rates are at a three decade high, they have been historically disappointing in relative terms, which cannot be dissociated from the microeconomic environment in which firms operate. Policy makers may need to complement their focus on macroeconomic...

This, the first book in the Global Development Network series, brings together the views of researchers from the developing and developed world and provides models of successful research conducted in developing and transition countries.

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...

In this paper we analyze the correlation between measures of success (number of recordings, artistic income) over a sample of performing musicians. We obtain that women tend to record more than men but earn less artistic income; measures of success are correlated positively with broad measures of...

The main facts of the Uruguayan labour market along the nineties may be summarized in three main phenomena: increase in wage inequality with an increase of the skill wage premium and changes in the inter-industrial wage structure; destruction of unskilled jobs, associated to trade openness and...

Este documento presenta una revisión sistemática de la literatura económica reciente de las drogas, con especial énfasis en las ilegales. El trabajo es parte del Proyecto “Aporte universitario a un Debate Nacional de Drogas. Las drogas: problemas y potencialidades de la despenalización de...

El presente trabajo estudia el mercado hipotecario de viviendas en Uruguay. El principal operador del mercado es el Banco Hipotecario del Uruguay (BHU), una institución estatal que concentra más de 80% del total de los créditos. Esta institución se ha visto en dificultades financieras, lo...

This paper follows an income-based, time-dependence approach to measure social mobility in Uruguay between 1982 and 2010. The paper finds that social mobility in Uruguay is considerable and reports evidence suggesting that this mobility is greater within cohorts of groups, such as those defined...