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The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...
Persistent link: https://www.econbiz.de/10014400085
This 2008 Article IV Consultation highlights that the Chilean economy has proved resilient in the face of strong economic and financial headwinds during the past year. Rising world prices for energy and food have been exacerbated by drought and a tight domestic energy situation. The government...
Persistent link: https://www.econbiz.de/10014402896
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409348
This 2002 Article IV Consultation highlights that Chile’s economic fundamentals remain sound and have improved through … offset by a strong expansion of net export volumes. With a substantial decline in Chile’s terms of trade, however, the …
Persistent link: https://www.econbiz.de/10014407334
Chile's overall economic performance during 1990–97 was very strong. By early 1998, Chile faced the difficult …
Persistent link: https://www.econbiz.de/10014404536
Chile has successfully resisted contagion from neighboring countries' difficulties. Chile's inflation targeting … continues to serve Chile well. The interest in recapitalizing the central bank is welcomed. Executive Directors commend Chile … for the transparency of monetary and fiscal policies. Chile faces the essential task of returning to sustained economic …
Persistent link: https://www.econbiz.de/10014404792
The paper proposes a new welfare-based measure to evaluate the distributive effects of public programs. The proposed measure differs from traditional approaches in two important ways: first, it is based on life-cycle considerations, since most public expenditure programs have an intertemporal...
Persistent link: https://www.econbiz.de/10014396379
This Selected Issues paper examines a number of potential factors that may have influenced the short-term behavior of the exchange rate between the Chilean peso and the U.S. dollar during the period of floating exchange rate, including the possible impact of developments in Argentina during...
Persistent link: https://www.econbiz.de/10014405849
The staff report for the 2005 Article IV Consultation for Chile highlights short-term economic outlook and fiscal …
Persistent link: https://www.econbiz.de/10014405940
This Selected Issues paper on Chile assesses the long-term outlook of Chile’s private pension system. The paper … provides an overview of Chile’s recent experience with public–private partnerships (PPPs), focusing on the design of its … institutional framework. The paper discusses that Chile’s experience with PPPs, currently covering 44 projects, has been successful …
Persistent link: https://www.econbiz.de/10014406009