The diverse wage setting mechanisms prevailing in the different Uruguayan economic activities by 2004 are here summarised. The precise knowledge of these mechanisms is relevant in itself, but it is also a key element when chosing the adequate theoretical framework to perform applied research...

The aim of this paper, which is part of a broader research project, is to analyse the fluctuations of output in a framework of imperfect competition based on the stylised facts. We conclude that these movements can be originated by supply or demand shocks, or simply by the adjustment of the...

This paper seeks to point out and to correct some mistakes of the conventional theory of imperfect competition based on partial equilibrium analysis. It extends to imperfect competition the classical model of general equilibrium, signaling the interconnections between individual prices and...