R. Fuentes S.; A. Jara R.; K. Schmidt-Hebbel D.; M. Tapia G. - In: Journal Economía Chilena (The Chilean Economy) 6 (2003) 2, pp. 5-35
In August of 2001, the Central Bank of Chile modified its main monetary policy instrument, the inflation …-indexed monetary policy interest rate MPR it had used so far, to a nominal or peso-denominated rate. A number of consequences, both in … the conduct of monetary policy and in the country’s financial markets, can be associated to this new way of taking …