Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...

This paper analyzes the political economy of productivity-related policymaking in Chile following a political transaction cost model (Spiller and Tommasi, 2003; Murillo et al., 2008). The main findings indicate that i) the Chilean policymaking process (PMP) was successful in the 1990s in...

This paper analyzes the political economy of productivity-related policymaking in Chile following a political transaction cost model (Spiller and Tommasi, 2003; Murillo et al., 2008). The main findings indicate that i) the Chilean policymaking process (PMP) was successful in the 1990s in...

The purpose of this paper is lo discuss some issues related to central bank independence in light of the Chilean experience of the last four years. After a theoretical section that discusses the pros and cons of central bank independence, a section is dev

El propósito de este trabajo es analizar los determinantes del empleo en una economía deprimida, en particular, en el sector industrial de la economía chilena durante el período 1974-1978. Se someten a verificación empírica dos hipótesis alternativas: la primera, que la evolución del...