Articles
Financial integration in MERCOSUR
This research seeks to answer the following questions: what is the degree of financial integration of MERCOSUR countries? What is the degree of development...
Articles
The mobility of labor income in the Uruguayan labor market: A pseudo-panel approach
This paper aims to characterize the dynamics of labor income by exploiting the pseudo panel structure of the Continuous Household Survey of Uruguay between...
Articles
De Jure and de Facto Flotation? Monetary-Exchange policy in the post crisis period in Uruguay
In 2002 Uruguay abandoned the stabilization plan based on exchange bands that had guided the country's monetary policy for more than a decade. This...
Articles
“Competitive” real exchange rate and other mismatched solutions
One of the main challenges facing economic policy in the present is to find a strategy of sustained growth, which allows to achieve high...
Articles
Robust Monetary Policy in a Financially Vulnerable Economy
So far the literature on robust monetary policy has used, without exception, very simplified economic models, and with only one exception, assuming closed economy.
This paper...
Articles
Modelling wages´ macroeconomic determinants through nonlinear mechanisms
This paper analyzes the behavior of private wages during the last twenty years, from a macroeconomic perspective. In particular, the existence of asymmetries in...