Wealth and poverty, progress and regress are the type of realities usually related on moral grounds. Scientifically serious causal economic relations are not so easy to find. Moral criteria does not require scientific proof of causality. But this search for causal links is also important to...

This paper presents some provisional results of a research on the Peruvian Private Pensions System (SPP), whose principal purpose is to propose a methodology to measure the net rate of return of such System, rate of return which, in time may not only be used as a fundamental indicator of the...

The goal of this paper is to present the simulation model used in a research on the macroeconomic effects of the law 16.713 that reforms the Uruguayan social security system. It is a version of the overlapping generation models that have been extensively used for the analysis of fiscal and...

Our concern in this work is to obtain conditions for the uniqueness of equilibria, with commodity bundles as consumption patterns which depend on the state of the world. In the first section we consider an economy with complete markets, where consumption spaces are a finite product of measurable...

In environmental literature there has been an increasing interest on analyzing the income elasticity of environmental amenities, and particularly, of the willingness to pay for an environmental improvement (see Kristrom and Riera, 1996). In this paper we are only concerned with estimating the...

The basic goal of this paper is to develop an endogenous trade policy model in the Grossman and Helpman (1994) tradition that could endogenise the number of lobby groups in the economy. The game has three stages. In the first stage, the consumer that owns a specific factor decides whether to...

En este trabajo se realiza una evaluación de la relación existente entre los procesos de apertura comercial y el desarrollo de la eficiencia técnica del sector industrial en Uruguay, el que se caracteriza por haberse gestado en un marco de alta protección, tradicionalmente denominado como de...