IDEAS home Printed from https://ideas.repec.org/p/ulr/wpaper/dt-06-06.html
   My bibliography  Save this paper

Impuesto cambiario y subsidios : Uruguay 1937-1959

Author

Listed:
  • Magdalena Bertino

    () (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

  • Reto Bertoni

    () (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

  • Ulises García Repetto

    () (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

Abstract

This paper explores the distributional impacts associated with the formation and management of the Exchange Difference Fund in Uruguay during the period 1937-1959. Under the economic crisis of the thirties and the implementation of mechanisms to cope with it, the government assumed the control over the foreign exchange market and thus the possibility of establishing by his discretion the values of foreign currency, especially the price that was to rule in any transaction of purchase or sale of it. The study of this Fund offers the possibility of an approximation –at a micro level- of the sources that have financed public spending, its destination and the redistributive impact of government’s fiscal policy.

Suggested Citation

  • Magdalena Bertino & Reto Bertoni & Ulises García Repetto, 2006. "Impuesto cambiario y subsidios : Uruguay 1937-1959," Documentos de Trabajo (working papers) 06-06, Instituto de Economía - IECON.
  • Handle: RePEc:ulr:wpaper:dt-06-06
    as

    Download full text from publisher

    File URL: http://www.iecon.ccee.edu.uy/download.php?len=es&id=140&nbre=dt-06-06.pdf&ti=application/x-download&tc=Publicaciones
    Download Restriction: no

    References listed on IDEAS

    as
    1. Dow, Gregory K. & Putterman, Louis, 2000. "Why capital suppliers (usually) hire workers: what we know and what we need to know," Journal of Economic Behavior & Organization, Elsevier, vol. 43(3), pages 319-336, November.
    2. Gregory Dow, 2001. "Allocating Control over Firms: Stock Markets versus Membership Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 18(2), pages 201-218, March.
    3. Samuel Bowles & Herbert Gintis, 2002. "Social Capital and Community Governance," Economic Journal, Royal Economic Society, vol. 112(483), pages 419-436, November.
    4. Pencavel, John & Craig, Ben, 1994. "The Empirical Performance of Orthodox Models of the Firm: Conventional Firms and Worker Cooperatives," Journal of Political Economy, University of Chicago Press, vol. 102(4), pages 718-744, August.
    5. Dow,Gregory K., 2003. "Governing the Firm," Cambridge Books, Cambridge University Press, number 9780521522212, March.
    6. Bonin, John P., 1981. "The theory of the labor-managed firm from the membership's perspective with implications for marshallian industry supply," Journal of Comparative Economics, Elsevier, vol. 5(4), pages 337-351, December.
    7. John Pencavel & Luigi Pistaferri & Fabiano Schivardi, 2006. "Wages, Employment, and Capital in Capitalist and Worker-Owned Firms," ILR Review, Cornell University, ILR School, vol. 60(1), pages 23-44, October.
    8. Dow, Gregory K., 1986. "Control rights, competitive markets, and the labor management debate," Journal of Comparative Economics, Elsevier, vol. 10(1), pages 48-61, March.
    9. Gabriel Burdín & Andrés Dean, 2008. "Los objetivos de una empresa gestionada por sus trabajadores : un análisis sobre el caso uruguayo," Documentos de Trabajo (working papers) 08-10, Instituto de Economía - IECON.
    10. Steinherr, A. & Thisse, J. -F., 1979. "Are labor-managers really perverse?," Economics Letters, Elsevier, vol. 2(2), pages 137-142.
    11. Brewer, Anthony A & Browning, Martin J, 1982. "On the 'Employment' Decision of a Labour-Managed Firm," Economica, London School of Economics and Political Science, vol. 49(194), pages 141-146, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    public spending; redistributive impact; control over foreign exchange market;

    JEL classification:

    • N46 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Latin America; Caribbean
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ulr:wpaper:dt-06-06. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Andrés Dean). General contact details of provider: http://edirc.repec.org/data/ierauuy.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.