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Output Gap Uncertainty and Real-Time Monetary Policy
Grigoli, Francesco; Herman, Alexander; Swiston, Andrew; … - International Monetary Fund (IMF) - 2015
Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...
Persistent link: https://www.econbiz.de/10011163120
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Chile; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
The staff reports for the 2013 Article IV Consultation on the Chile discuss the strong and inclusive growth over the …
Persistent link: https://www.econbiz.de/10011244359
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Monetary Transmission and Financial Indexation - Evidence from the Chilean Economy
Mendoza, Enrique G.; Delgado-Fernández, Fernando-Luciano - International Monetary Fund (IMF) - 1994
Persistent link: https://www.econbiz.de/10005264259
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Capital Account Policies in Chile Macro-financial considerations along the path to liberalization
Carriere-Swallow, Yan; Garcia-Silva, Pablo - International Monetary Fund (IMF) - 2013
This paper recounts Chile’s experience with capital account policies since the 1990s. We present how two external …
Persistent link: https://www.econbiz.de/10010790346
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Monetary Policy in Emerging Markets; Taming the Cycle
McGettigan, Donal; Moriyama, Kenji; Ntsama, Jean F Noah … - International Monetary Fund (IMF) - 2013
In contrast to advanced markets (AMs), procyclical monetary policy has been a problem for emerging markets (EMs), with macroeconomic policies amplifying economic upswings and deepening downturns. The stark difference in policy has not been subject to extensive study and this paper attempts to...
Persistent link: https://www.econbiz.de/10011242369
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Chile: 2014 Article IV Consultation - Staff Report; Press Release; and Statement by the Executive Director for Chile
International Monetary Fund (IMF); International … - 2014
KEY ISSUES<br>Politics: President Bachelet won the Presidential election on a platform to foster<br>inclusive growth and reduce inequality. Her government took office in March 2014 and is launching <br>an ambitious policy agenda that includes important reforms in several areas, including taxation,...
Persistent link: https://www.econbiz.de/10011244089
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Chile: Selected Issues
International Monetary Fund (IMF); International … - 2014
Persistent link: https://www.econbiz.de/10011245450
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Business Cycle Accounting for Chile
Söderling, Ludvig; Simonovska, Ina - International Monetary Fund (IMF) - 2008
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 …
Persistent link: https://www.econbiz.de/10005263664
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International Fuel Tax Assessment; An Application to Chile
Parry, Ian W.H.; Strand, Jon - International Monetary Fund (IMF) - 2011
extrapolations from U.S.evidence. The analysis is illustrated for the case of Chile, though it could be applied to other countries. …
Persistent link: https://www.econbiz.de/10009203535
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Investment-Specific Productivity Growth; Chile in a Global Perspective
Bella, Gabriel Di; Cerisola, Martin - International Monetary Fund (IMF) - 2009
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 …
Persistent link: https://www.econbiz.de/10008497610