The behavior of social transfers over the business cycle : empirical evidence of Uruguayo
Resumen:
This paper analyzes the cycle fluctuations of the social transfers in Uruguay over the period 1988.Q1 to 2016.Q3. The unobservable cyclical components are extracted from the observable time series following different empirical strategies. The results show that social transfers behave procyclical and lag the macroeconomics fluctuations. In this way, social transfers instead of contributing to stabilize the Uruguayan economy have aggravated the business cycle, and through various items of expenditure, expose the vulnerable groups of society to more adverse economic conditions.
En este trabajo se analizan las fluctuaciones cíclicas de las transferencias sociales en Uruguay durante el período 1988.1er trimestre a 2016.3er trimestre. Los componentes cíclicos no observables se extraen de las series temporales observables siguiendo diferentes estrategias empíricas. Los resultados muestran que las transferencias sociales se comportan de forma procíclica y a la zaga de las fluctuaciones macroeconómicas. De esta manera, las transferencias sociales, en lugar de contribuir a estabilizar la economía uruguaya, han agravado el ciclo económico y, a través de diversos rubros de gasto, exponen a los grupos vulnerables de la sociedad a condiciones económicas más adversas.
| 2018 | |
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Social transfers Business cycle Detrending CICLOS ECONOMICOS SEGURIDAD SOCIAL GASTOS PUBLICOS |
|
| Inglés | |
| Universidad de la República | |
| COLIBRI | |
| http://hdl.handle.net/20.500.12008/20424 | |
| Acceso abierto |
| _version_ | 1807523137396408320 |
|---|---|
| author | Miranda, Ronald |
| author2 | Muinelo Gallo, Leonel |
| author2_role | author |
| author_facet | Miranda, Ronald Muinelo Gallo, Leonel |
| author_role | author |
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| collection | COLIBRI |
| dc.contributor.filiacion.es.fl_str_mv | Miranda Ronald, Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración Muinelo Gallo Leonel, Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración |
| dc.coverage.spatial.es.fl_str_mv | Uruguay |
| dc.creator.none.fl_str_mv | Miranda, Ronald Muinelo Gallo, Leonel |
| dc.date.accessioned.none.fl_str_mv | 2019-04-25T21:28:36Z |
| dc.date.available.none.fl_str_mv | 2019-04-25T21:28:36Z |
| dc.date.issued.none.fl_str_mv | 2018 |
| dc.description.abstract.none.fl_txt_mv | This paper analyzes the cycle fluctuations of the social transfers in Uruguay over the period 1988.Q1 to 2016.Q3. The unobservable cyclical components are extracted from the observable time series following different empirical strategies. The results show that social transfers behave procyclical and lag the macroeconomics fluctuations. In this way, social transfers instead of contributing to stabilize the Uruguayan economy have aggravated the business cycle, and through various items of expenditure, expose the vulnerable groups of society to more adverse economic conditions. En este trabajo se analizan las fluctuaciones cíclicas de las transferencias sociales en Uruguay durante el período 1988.1er trimestre a 2016.3er trimestre. Los componentes cíclicos no observables se extraen de las series temporales observables siguiendo diferentes estrategias empíricas. Los resultados muestran que las transferencias sociales se comportan de forma procíclica y a la zaga de las fluctuaciones macroeconómicas. De esta manera, las transferencias sociales, en lugar de contribuir a estabilizar la economía uruguaya, han agravado el ciclo económico y, a través de diversos rubros de gasto, exponen a los grupos vulnerables de la sociedad a condiciones económicas más adversas. |
| dc.format.extent.es.fl_str_mv | 35 p |
| dc.format.mimetype.es.fl_str_mv | application/pdf |
| dc.identifier.citation.es.fl_str_mv | Miranda, R y Muinelo-Gallo, L. The behavior of social transfers over the business cycle : empirical evidence of Uruguayo [en línea]. Serie Documentos de Trabajo; 15/18. Montevideo : UR.FCEA.IECON, 2018. |
| dc.identifier.issn.none.fl_str_mv | 1510-9305 |
| dc.identifier.uri.none.fl_str_mv | http://hdl.handle.net/20.500.12008/20424 |
| dc.language.iso.none.fl_str_mv | en eng |
| dc.publisher.es.fl_str_mv | UR.FCEA.IECON |
| dc.relation.ispartof.none.fl_str_mv | Serie Documentos de Trabajo;15/18 |
| dc.rights.none.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.source.none.fl_str_mv | reponame:COLIBRI instname:Universidad de la República instacron:Universidad de la República |
| dc.subject.en.fl_str_mv | Social transfers Business cycle Detrending |
| dc.subject.other.es.fl_str_mv | CICLOS ECONOMICOS SEGURIDAD SOCIAL GASTOS PUBLICOS |
| dc.title.none.fl_str_mv | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo |
| dc.type.es.fl_str_mv | Documento de trabajo |
| dc.type.none.fl_str_mv | info:eu-repo/semantics/workingPaper |
| dc.type.version.none.fl_str_mv | info:eu-repo/semantics/publishedVersion |
| description | This paper analyzes the cycle fluctuations of the social transfers in Uruguay over the period 1988.Q1 to 2016.Q3. The unobservable cyclical components are extracted from the observable time series following different empirical strategies. The results show that social transfers behave procyclical and lag the macroeconomics fluctuations. In this way, social transfers instead of contributing to stabilize the Uruguayan economy have aggravated the business cycle, and through various items of expenditure, expose the vulnerable groups of society to more adverse economic conditions. |
| eu_rights_str_mv | openAccess |
| format | workingPaper |
| id | COLIBRI_8b3a353d3463cfb3756bdb5005cb2266 |
| identifier_str_mv | Miranda, R y Muinelo-Gallo, L. The behavior of social transfers over the business cycle : empirical evidence of Uruguayo [en línea]. Serie Documentos de Trabajo; 15/18. Montevideo : UR.FCEA.IECON, 2018. 1510-9305 |
| instacron_str | Universidad de la República |
| institution | Universidad de la República |
| instname_str | Universidad de la República |
| language | eng |
| language_invalid_str_mv | en |
| network_acronym_str | COLIBRI |
| network_name_str | COLIBRI |
| oai_identifier_str | oai:colibri.udelar.edu.uy:20.500.12008/20424 |
| publishDate | 2018 |
| reponame_str | COLIBRI |
| repository.mail.fl_str_mv | mabel.seroubian@seciu.edu.uy |
| repository.name.fl_str_mv | COLIBRI - Universidad de la República |
| repository_id_str | 4771 |
| spelling | Miranda Ronald, Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de AdministraciónMuinelo Gallo Leonel, Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de AdministraciónUruguay2019-04-25T21:28:36Z2019-04-25T21:28:36Z2018Miranda, R y Muinelo-Gallo, L. The behavior of social transfers over the business cycle : empirical evidence of Uruguayo [en línea]. Serie Documentos de Trabajo; 15/18. Montevideo : UR.FCEA.IECON, 2018.1510-9305http://hdl.handle.net/20.500.12008/20424This paper analyzes the cycle fluctuations of the social transfers in Uruguay over the period 1988.Q1 to 2016.Q3. The unobservable cyclical components are extracted from the observable time series following different empirical strategies. The results show that social transfers behave procyclical and lag the macroeconomics fluctuations. In this way, social transfers instead of contributing to stabilize the Uruguayan economy have aggravated the business cycle, and through various items of expenditure, expose the vulnerable groups of society to more adverse economic conditions.En este trabajo se analizan las fluctuaciones cíclicas de las transferencias sociales en Uruguay durante el período 1988.1er trimestre a 2016.3er trimestre. Los componentes cíclicos no observables se extraen de las series temporales observables siguiendo diferentes estrategias empíricas. Los resultados muestran que las transferencias sociales se comportan de forma procíclica y a la zaga de las fluctuaciones macroeconómicas. De esta manera, las transferencias sociales, en lugar de contribuir a estabilizar la economía uruguaya, han agravado el ciclo económico y, a través de diversos rubros de gasto, exponen a los grupos vulnerables de la sociedad a condiciones económicas más adversas.Submitted by Seroubian Mabel (mabel.seroubian@seciu.edu.uy) on 2019-04-25T21:28:36Z No. of bitstreams: 2 license_rdf: 0 bytes, checksum: d41d8cd98f00b204e9800998ecf8427e (MD5) dt-15-18.pdf: 947628 bytes, checksum: ad086e431b05df31a216c40bf2f46f1d (MD5)Made available in DSpace on 2019-04-25T21:28:36Z (GMT). No. of bitstreams: 2 license_rdf: 0 bytes, checksum: d41d8cd98f00b204e9800998ecf8427e (MD5) dt-15-18.pdf: 947628 bytes, checksum: ad086e431b05df31a216c40bf2f46f1d (MD5) Previous issue date: 201835 papplication/pdfenengUR.FCEA.IECONSerie Documentos de Trabajo;15/18Las obras depositadas en el Repositorio se rigen por la Ordenanza de los Derechos de la Propiedad Intelectual de la Universidad de la República.(Res. Nº 91 de C.D.C. de 8/III/1994 – D.O. 7/IV/1994) y por la Ordenanza del Repositorio Abierto de la Universidad de la República (Res. Nº 16 de C.D.C. de 07/10/2014)info:eu-repo/semantics/openAccessSocial transfersBusiness cycleDetrendingCICLOS ECONOMICOSSEGURIDAD SOCIALGASTOS PUBLICOSThe behavior of social transfers over the business cycle : empirical evidence of UruguayoDocumento de trabajoinfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/publishedVersionreponame:COLIBRIinstname:Universidad de la Repúblicainstacron:Universidad de la RepúblicaMiranda, RonaldMuinelo Gallo, LeonelLICENSElicense.txtlicense.txttext/plain; charset=utf-84267http://localhost:8080/xmlui/bitstream/20.500.12008/20424/5/license.txt6429389a7df7277b72b7924fdc7d47a9MD55CC-LICENSElicense_urllicense_urltext/plain; charset=utf-849http://localhost:8080/xmlui/bitstream/20.500.12008/20424/2/license_url4afdbb8c545fd630ea7db775da747b2fMD52license_textlicense_texttext/html; charset=utf-80http://localhost:8080/xmlui/bitstream/20.500.12008/20424/3/license_textd41d8cd98f00b204e9800998ecf8427eMD53license_rdflicense_rdfapplication/rdf+xml; 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- Universidad de la Repúblicafalse |
| spellingShingle | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo Miranda, Ronald Social transfers Business cycle Detrending CICLOS ECONOMICOS SEGURIDAD SOCIAL GASTOS PUBLICOS |
| status_str | publishedVersion |
| title | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo |
| title_full | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo |
| title_fullStr | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo |
| title_full_unstemmed | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo |
| title_short | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo |
| title_sort | The behavior of social transfers over the business cycle : empirical evidence of Uruguayo |
| topic | Social transfers Business cycle Detrending CICLOS ECONOMICOS SEGURIDAD SOCIAL GASTOS PUBLICOS |
| url | http://hdl.handle.net/20.500.12008/20424 |
