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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...

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...

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...

“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...

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...

Higher Education in Uruguay: Description and Financing

Although in recent years there has been an increase in the amount and coverage of private institutions providing higher education in Uruguay, the offer...