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  • Macroeconomic Analysis and Trade

Macroeconomic Analysis and Trade

The group integrates the research lines of macroeconomic analysis and international trade and seeks to analyze the behavior of the Uruguayan economy from these perspectives.

It studies the following national and regional economic problems using a macroeconomic approach: diagnosis and characterization and forecast of economic growth and its determinants, labor market, foreign trade, tourism, inflation, and competitiveness. More recently, the group has ventured into behavioral macroeconomics related to research on economic expectations, economic sentiment indicators, and uncertainty. Along these lines, the group has prepared periodic diagnoses of the current situation of the Uruguayan economy, analyzing the main trends, identifying their causal factors, and projecting their evolution in the short term.

Studies on the labor market from a macroeconomic perspective have centered on the study of the relationship between unemployment and economic activity, as well as its determinants and the generation of employment, from two perspectives: occupational quality and labor demand factors

International trade research focuses on the impact of international trade and foreign direct investment on company profits and the labor market. The impact of trade and foreign investment on firm productivity, the quality of imported and exported commodities from other nations, horizontal and vertical spillovers of multinational enterprises, and export promotion policies are just a few topics covered. In addition, it concentrates on the impacts of trade, outsourcing, technological progress and innovation on the workforce, along with the level and structure of wages.

Lines of Research:

Macroeconomic analysis and forecasting of the Uruguayan economy

Applications of behavioral economics for macroeconomic analysis and forecasting in Uruguay

International trade and Foreign direct investment (FDI)

The labor market from a macroeconomic perspective

Brazil: economics and politics

Trade: impact on productivity and employment at the company level

Members

  • Alejo Estavillo
  • Bibiana Lanzilotta
  • Gabriela Mordecki
  • Leonel Muinelo-Gallo
  • Adriana Peluffo
  • Sylvina Porras (coordinator)
  • Joaquín Torres
  • Publications (link)

    Recent projects and publications

La economía se recupera en 2024, pero crece el déficit de las cuentas públicas en año electoral

  • Author(s): Mordecki, Gabriela
  • Journal: Contexto. Observatorio de coyuntura económica y política
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2024

The heterogeneity of Okun's law: A metaregression analysis

  • Author(s): Porras, Sylvina - Martín-Román, Ángel L.
  • Journal: Economic Modelling
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2023

Income inequality and complexity of the productive structure: New evidence at the world level

  • Author(s): Amarante, Verónica - Lanzilotta, Bibiana - Torres, Joaquín
  • Journal: Economic Analysis and Policy
  • Research group: Labor Economics, Macroeconomic Analysis and Trade
  • Year: 2024

La economía uruguaya se estanca en 2023, pero baja la inflación y se recuperan los salarios reales

  • Author(s): Mordecki, Gabriela - Estavillo, Alejo
  • Journal: Contexto. Observatorio de coyuntura económica y política
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2024

Unraveling the links between development, growth, and tourism specialization. A country-panel analysis using self-organizing maps.

  • Author(s): Lanzilotta, Bibiana - Scaglione, Miriam - Segarra Verónica
  • Journal: Tourism Economics, 0(0)
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2024

DT 02 - 24 Industrial Policy and Trade Promotion in Uruguay: What are the Effects?

  • Author(s): Peluffo, Adriana - Brunini, Alvaro
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2024

From right to left: Economy and politics in Brazil

  • Author(s): Mordecki, Gabriela - Barceló, Nastasia
  • Journal: Latin American Policy
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2024

DT 26 - 23 Nowcasting del PIB para Uruguay en base a un modelo de ecuaciones puente

  • Author(s): Mordecki, Gabriela - Estavillo, Alejo
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2023

Intra and Extra-Regional Trade Costs: A Comparative Approach to Latin American Performance

  • Author(s): Moncarz, Pedro - Flores, Manuel - Vaillant, Marcel
  • Journal: The World Economy
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2023

Impactos y desafíos de la Covid-19 en Uruguay

  • Author(s): Lanzilotta, Bibiana - Mordecki, Gabriela
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2023

Okun’s Law: The Relationship Between Unemployment and Economic Growth

  • Author(s): Porras, Sylvina - Martín-Román, Ángel L.
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2023

Regional development and convergence clubs in Uruguay

  • Author(s): Aboal, Diego - Lanzilotta, Bibiana - Pereyra, Martín - Queraltó, María Paz
  • Journal: Economia Aplicada
  • Research group: Macroeconomic Analysis and Trade
  • Year: 2023
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Lauro Müller 1921 entre Eduardo Acevedo y Jackson.

Montevideo, Uruguay

Phone (598) 2413 1007

iecon@fcea.edu.uy

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© 2022 - IECON - Instituto de Economía - All rights reserved.
  • Home
  • About
    • Organization and objectives
    • History
    • Seminars
    • IECON Library
  • Members
    • Faculty
    • Secretary and Library
  • Research groups
    • Macroeconomic Analysis and Trade
    • Development
    • Inequality and Poverty
    • Labor Economics
    • Ethics, Justice and Economy
    • Economic history
    • Gender, Economy and Public Policies
    • Other research lines
      • Political Economy and Fiscal Policy
      • Agricultural, Environmental, and Natural Resources Economics
  • Publications
    • IECON Production
      • Short Run Economic Situation Documents
      • Student Research Documents
      • Working papers
    • Books
      • Book chapters
      • Complete works
    • Peer-reviewed publications
    • Databases
    • IECON 70 years
  • Projects
  • Diffusion
    • IECON in the media
    • Economics Department Blog
    • Events