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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
Chilean-style tax on short-term capital inflows to maintain domestic macroeconomic stability. In Chile, the tax reduced …
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framework.Chile has succeeded in sustaining these policies-despite external and domestic forces to the contrary-because of …
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Der Erfolg der nach 1973 ergriffenen Strukturanpassungsmaßnahmen hat Chile zu einem Lehrbeispiel der neoliberalen …
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capital flows, viz. Chile and Malaysia are highlighted and discussed, as are the recent and muchpublicised proposals for …
Persistent link: https://www.econbiz.de/10008468421
In this paper we review the main features of the Chilean-Style of capital controls during the nineties. In particular, we analyze empirically the effectiveness of the unremunerated reserve requirement (URR) in three key areas: its capacity to open space for monetary policy, its influence on the...
Persistent link: https://www.econbiz.de/10005063567
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