Based on administrative data combining workers’ earnings histories and unemployment insurance benefits, we document short and long term wage losses for a large sample of Uruguayan formal workers with high tenure. The contribution of this paper is to provide original evidence about job...

This article aims at contributing to the debate on the effectiveness of cash transfers in terms of income inequality variations at the national and regional level, in middle-income countries like Uruguay. We microsimulate how targeting criteria affect impacts on school attendance, income...

The multidimensional nature of well-being is now widely recognized. However, multidimensional poverty measurement is still an expanding field of research and a consensus about the “best” composite indicator has not yet emerged. In this chapter, we provide an empirical analysis using three...

This paper provides new evidence on the objectives pursued by worker-managed firms (WMFs). The basic neoclassical model assumes that WMFs maximizes net income per member instead of total profits (Ward, 1958). Even though it has been largely criticized, the Ward model has dominated the...

This article presents new econometric evidence on the comparative behavior of worker cooperatives and capitalist firms, highlighting the differences in wages and employment responses. We use a comprehensive panel data set that covers the entire population of cooperatives and their capitalist...