Uruguay: 2011 Selected Issues

December 29, 2011

Preview Citation

Format: Chicago

Uruguay: 2011 Selected Issues, (USA: International Monetary Fund, 2011) accessed December 3, 2024

Summary

This 2011 Article IV Consultation—Selected Issues paper focuses on estimating potential output and the output gap and spillovers from agriculture in the case of Uruguay. It introduces additional economic information and theory to estimate potential output, shedding some light on the discussion of current monetary and fiscal policies. The objective is to take advantage of economic data to disentangle the most recent economic performance by introducing multivariate techniques. The paper also presents an overview of the labor market and pension system of Uruguay.

Subject: Dollarization, Labor, Monetary policy, Output gap, Pension spending, Potential output, Production, Real wages, Wages

Keywords: Australia and New Zealand, CR, Debt dollarization, Dollarization, Dollarization level, Employment flexibility, Global, ISCR, Output gap, Pension system, Philips curve, Potential output, Real wages, Uruguay, Wage indexation, Wages

Publication Details

Pages:

86
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/376
Stock No:

1URYEA2011004
ISBN:

9781463926601
ISSN:

1934-7685

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