assesses foreign exchange exposure in the corporate sector in Chile, analyzes the current state of the foreign exchange … derivatives market in Chile, and argues that liquid and developed foreign exchange derivatives markets can help promote financial …

This paper explores how the global turmoil affected the risk of banks operating in Chile, and provides evidence that … impact of the global financial crisis was limited, inducing at most a one-rating downgrade to banks operating in Chile. The …

This book, edited by Joaquín Muns, contains papers presented at a seminar in Viña del Mar, Chile, under the sponsorship … of the Central Bank of Chile, the Federico Santa María University, and the IMF …

considerable attention from observers and policymakers. It has been argued that the imposition by Chile of a nonremunerated reserve … requirement on external borrowing played a useful role in the smooth liberalization of its capital account by allowing Chile to … measures should be adopted by other countries. In light of this, this paper reviews Chile’s experience in managing capital …

Chile’s average economic growth between 1990 and 1998 was above 7 percent per year, more than double than in previous … indicate that Chile’s rapid growth during the 1990s was due to good policies and the improved political situation …

The cornerstone of Chile’s impressive fiscal performance and strong fiscal system has been its structural balance rule …. Chile should adopt a full-fledged medium-term fiscal framework to improve fiscal planning and provide a framework for …

This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a … structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the …

relevant to the implementation of monetary policy, motivated in part by Chile's recent adoption of an enhanced framework for … Chile's economic policy regime. Forecasting inflation is an essential element of any inflation targeting regime …

This paper examines the reaction of the bilateral Ch$/US$ exchange rate to monetary policy actions in Chile and the … reacts to monetary policy actions in Chile, but the response appears to be smaller, and cannot be estimated with much …