The aim of this article is to answer the question of whether women in Uruguay face a glass ceiling. To do this, the conditional gender wage gap is evaluated along the empirical wage distribution function. Separated quantile regression for women and men are estimated. We evaluate the...

This paper estimates the magnitude of participation costs and preference parameters exploiting information on households’ participation decisions in the equities market. A structural model for portfolio choices over the life cycle is solved numerically. The parameters of interest are estimated...

We propose alternative methods to project pension rights and implement them in Chile and Uruguay and partially in Argentina. We use incomplete work histories databases from the social security administrations to project entire lifetime work histories. We first fit linear probability and duration...

The authors propose alternative methods to project pension rights and implement them in Chile and Uruguay and partially in Argentina. The authors use incomplete work histories databases from the social security administrations to project entire lifetime work histories. The authors first fit...

The estimations in this paper show that there is a high risk that a very significant share of the workers registered in the work history of the main social security institution of Uruguay (the BPS) will not be able to comply with the condition of contributing 35 years to access the pension when...