The activity rate of mature men has increased in Uruguay in recent decades. This trend is remarkably different from what has been observed in most developed and Latin American countries. We analyze in this paper the incentives to retire implicit in the main social security program of Uruguay. We...

The purpose of this paper is to serve as an input in the revision of the evaluation guidelines of the Department of Economics FCS – UDELAR (dECON). With this aim, we report on what is taken into account in academic evaluation around the world, and which are the most frequently used methods of...

We simulate the budget of the main pension institution of the country, the Banco de Previsión Social (BPS), from 1995, the year the reform was passed, to 2050, when the new system should be mature. We perform several sensitivity analyses to evaluate which are the key exogenous variables and...

The authors show that labor market policies and institutions affect the effectiveness of economic reform programs. They compare annual growth rates across 119 countries, using data from 449 World Bank adjustment credits and loans between 1980 and 1996. The results indicate that countries with...

The paper analyses the efficiency and the distributional effects of eliminating a tariff in a protected sector, in a Heckscher-Ohlin model of trade with costs of adjustment. The tariff can be eliminated at the onset or after a while. In case of postponing it the government may pre-announce the...

Benevolent governments lacking commitment ability provide too much insurance, if opportunistic private agents free ride on the government´s concern and exert too little effort expecting government assistance. Yet, the costs of implementing the transfer policy work as a commitment device,...

The goal of this paper is to present the simulation model used in a research on the macroeconomic effects of the law 16.713 that reforms the Uruguayan social security system. It is a version of the overlapping generation models that have been extensively used for the analysis of fiscal and...

The purpose of this paper is to serve as an input in the revision of the evaluation guidelines of the Department of Economics FCS - UDELAR (dECON). With this aim, we report on what is taken into account in academic evaluation around the world, and which are the most frequently used methods of...