Showing 1 - 10 of 41
The objective of this paper is to explore the impact of Uruguay's privatization and subsequent nationalization of water services on network access and water quality. The results suggest that although the early privatization of water services had little impact on access to the sanitation network,...
Persistent link: https://www.econbiz.de/10011395603
We analyze the behaviour of prices in Uruguay using a unique database of 30 millions daily prices. We find that prices change about 5 times a year with no seasonal patter. Prices changes are highly synchronised and concentrated on the first day of the month. Our paper is the first to present...
Persistent link: https://www.econbiz.de/10010762716
This study applies the extension of the Machado and Mata (2005) decomposition developed by Albrecht, van Vuuren and Vroman (2009) to analyze the gender wage gap with selection correction in Uruguay. The wage gap is increasing in the upper part of the wage distribution suggesting a glass ceiling...
Persistent link: https://www.econbiz.de/10009293697
This study applies the extension of the Machado and Mata (2005) decomposition developed by Albrecht, van Vuuren and Vroman (2009) to analyze the gender wage gap with selection correction in Uruguay. The wage gap is increasing in the upper part of the wage distribution suggesting a glass ceiling...
Persistent link: https://www.econbiz.de/10014044374
This paper presents new evidence on wage and price setting based on a survey of more than 300 Uruguayan firms in 2013. Most of the firms set prices considering costs and adding a profit margin; therefore, they have some degree of market power. The evidence indicates that price increases appear...
Persistent link: https://www.econbiz.de/10012965347
It is disputed whether trade liberalisation processes are sufficient for reducing poverty and inequality. We explore how ‘gains from trade' have been distributed in the two minor trade partners of Mercosur, Uruguay and Paraguay, by analysing the impact of trade liberalisation on poverty and...
Persistent link: https://www.econbiz.de/10013099697
In recent years there has been a large increase in the empirical literature on price behavior. As new and detailed data sets become available, we observe a number of important studies on the microeconomic fundamentals of price setting by firms — mainly retailers — and their impact on...
Persistent link: https://www.econbiz.de/10013105578
The "border effect" literature finds that political borders have a very large impact on relative prices, implicitly adding several thousands of miles to trade. In this paper we show that the standard empirical specification suffers from selection bias, and propose a new methodology based on...
Persistent link: https://www.econbiz.de/10013105731
This paper analyzes the role of the sharply increases in the minimum wage after 2004 in Uruguay in the slight decrease on wage inequality. We Önd no impact of the minimum wage increases on wage inequality. This results can be explained by the low starting level of the minimum wage or lack of...
Persistent link: https://www.econbiz.de/10013087187
Persistent link: https://www.econbiz.de/10015180676