Showing 27,411 - 27,420 of 27,606
This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic …
Persistent link: https://www.econbiz.de/10014399996
forward a notion of current account sustainability and compares the experience of three Latin American countries-Chile …
Persistent link: https://www.econbiz.de/10014397228
This paper examines the sources of growth in Chile and compares Chile’s experience with that of other countries. Two … alternative measures of the sources of growth for Chile are presented to facilitate comparisons with other studies. The first … an index of the quality of factor inputs. The paper presents estimates of potential output of Chile for 1971–95, and also …
Persistent link: https://www.econbiz.de/10014397251
This paper reviews empirical evidence on the operation of the monetary transmission mechanism based on targeting of interest rates on indexed assets in the Chilean economy. The empirical evidence has two policy implications. First, interest rates on indexed assets do not fully reflect real...
Persistent link: https://www.econbiz.de/10014397378
This paper describes economic developments in Chile during 1990–95. In part, as a result of the tight monetary policy …
Persistent link: https://www.econbiz.de/10014397582
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/10014395224
and macroeconomic policy changes experienced by Chile. Channels through which financial sector troubles may have …
Persistent link: https://www.econbiz.de/10014396225
This paper has two objectives: first, by reviewing the recent experience of five Latin American countries with the restructuring of their financial sectors, it derives lessons regarding the most effective ways to resolve banking difficulties in developing countries. Second, the paper analyzes...
Persistent link: https://www.econbiz.de/10014396244
Legal restrictions governing financial transactions in Chile have produced a system in which most financial assets are …
Persistent link: https://www.econbiz.de/10014396478