We revisit Lipset‘s law, which posits a positive and significant relationship between income and democracy. Using … democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …

The staff reports for the 2013 Article IV Consultation on the Chile discuss the strong and inclusive growth over the …

We investigate sources of economic fluctuations in Chile during 1998-2007 within the framework of a standard …, and government/trade wedges for business cycles in Chile. The purpose of this exercise is twofold: (i) focus the policy …

extrapolations from U.S.evidence. The analysis is illustrated for the case of Chile, though it could be applied to other countries. …

By the end of 2007, Chile's total factor productivity was lower than ten years earlier, a performance that contrasted … in Chile, by decomposing productivity into investment-specific technological change (associated with improvements in the … investment-specific technological improvements have contributed significantly to long-term growth in Chile, in line with trends …

. The Central Bank of Chile’s foreign exchange interventions in 2008 and 2011 had a small impact on the peso. …

This paper recounts Chile’s experience with capital account policies since the 1990s. We present how two external …