This article presents a brief review of the literature on the effect of supermarkets on productivity, employment, the survival of small retailers, prices, and competition in retailing. The following stylized facts emerge: (1) the retail sector has undergone a major concentration around the...

We present students of different careers from the University of Montevideo (Uruguay) to a hypothetical situation in which, as vice-president of a company, have to make a decision that involves a trade-off between economic benefits and number of employees fired. The paper is a replica of the...

Spanish Abstract: El Índice de Precios al Consumidor (IPC) oficial de Argentina perdió credibilidad a partir de Enero de 2007 y el Instituto Nacional de Estadística y Censos (INDEC) suspendió su producción en Diciembre de 2015, dejando al país sin una medida de inflación oficial desde ese...

Inflation expectations are key unobservable variables for decision-making, especially in managing monetary policy. Understand how to formulate them, if they are rational or adaptive is vital. This study answers these questions through a panel data analysis of the micro data from the inflation...