To analyze the probable macroeconomic impact of fiscal and monetary retrenchment in Chile, an open-economy, dynamic … rational-expectations macroeconomic model is applied to data for Chile.For the past two decades, Chile has consistently pursued … fiscal and monetary retrenchment.Using an open-economy, dynamic rational-expectations macroeconomic model applied to Chile …

Chile was the second country in the world to adopt inflation targeting (IT), setting its first annual target in … main questions, exploiting Chile's long IT experience. Is Chile's experience different from that of other countries that … have adopted IT during the 1990s? Has IT contributed to monetary policy credibility in Chile? Does the monetary authority …

Chile has exhibited sharp cyclical and trend variation in its GDP and TFP growth rates during the last half century …. This paper presents new estimates of the sources of Chile's growth and new measures for factor inputs and TFP during 1960 … with international experience. This paper also reports econometric evidence on the behavior of Chile's TFP during 1960 …

Chile's average per capita GDP growth of 4.1% during 1991-2005 was significantly higher than average world growth … during the same period and was a strong break from its own past. How much of Chile's recent growth is trend growth and how … much is cyclical, influenced largely by external conditions? Which are the main determinants of Chile's long-term growth …