This study estimates a composite leading business cycle indicator for the Uruguayan economy following the methodology of The Conference Board. Prediction is based on the analysis of multiple series that have a leading relationship to the Industrial Production Index, which is used as the...

Uruguay has registered in the last ten years a strong dynamism of economic activity and a steady decline in the unemployment rate. However, this does not account for the quality of the jobs created by economic expansion. This research seeks to answer: How has the quality of employment evolved in...

La integración vertical en el sector salud se refiere a la estructura de gobierno diseñada para coordinar y controlar los servicios de atención en diferentes estados de la cadena de valor, así como para facilitar la colaboración y comunicación entre los oferentes de servicios. Para el caso...

This paper analyzes how the informality responds to the quality of the labor enforcement and the bundle of benefits that the formal workers receive in different countries of Latin America. Countries with different levels of informality were compared, highlighting the features that could induce...

Investment promotion through tax incentives has been a key component of the last two governments’ strategy to stimulate the accumulation of productive assets. A public policy mechanism such as the Investment Promotion Regime (IPR, established by Decree 455/007) inevitably raises questions...

This article studies how social insurance programs shape individual’s incentives to take up registered employment and to report earnings to the tax authorities. The analysis is based on a social insurance reform in Uruguay that extended healthcare coverage to the dependent children of...

Concerning rural labor, Uruguay is a special case in the region since the level of coverage of social security for rural workers is high (above 70%), while they have some benefits that are typically not found for these workers, such as a specific unemployment allowance. In this work, using...

The present document gathers the main results of a survey conducted by the Instituto Nacional de Estadística (INE). The survey was conducted in the framework of a cooperation agreement between the INE, the Social Development Ministry (MIDES) and Universidad e la República (UDELAR). The aim of...

This paper analyses banking regulation in Uruguay during the period of state-led industrialization. We aim to fill a hole in the national economic historiography, which has paid scant attention to this topic, and to advance in consonance with recent developments in the Latin American...

The global economic crisis inaugurated by the Great Depression caused a radical change in international trade flows and buried definitely the gold standard and automatic adjustment mechanism of local currencies. Hence, countries should rethink their business relationship and face the problem of...