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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...
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Der Erfolg der nach 1973 ergriffenen Strukturanpassungsmaßnahmen hat Chile zu einem Lehrbeispiel der neoliberalen …
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Some analysts rank Chile as the only Latin American economy that qualifies as a 'take-off economy,' or development … economy. In a sense, Chile's enduring success and proved insulation from the 'Tequila effect' are due to its high national … savings. What has made Chile's savings so high? What were some key policies implemented? Did the structural and liberalizing …
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The staff reports for the 2013 Article IV Consultation on the Chile discuss the strong and inclusive growth over the …
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/methodology/approach – The author uses a neo-Keynesian model with calibration for Chile. Findings – The results show that there is a relation …
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