The recent evolution of the Chilean economy has been conditioned in great part by events that took place in the last five years. This paper reviews these development concentrating in the period 1979-1981. In June 1979, the peso was pegged to the U.S. doll

In this paper we develop a simple general equilibrium model of the current account net of factor services. The model takes explicitly into account the relation between the real exchange rate, the trade balance, output and expenditures. The model is estima

The model that we present in this paper is an attempt to describe the short run equilibrium of a small open economy. The model is an aggregate one with one output and the two assets (money and physical capital). The model is a mix of a monetary and a Keyn

En este trabajo se estudian las fuentes del cambio en la estructura económica chilena en el período 1960 – 1974. Para este propósito se utiliza un modelo de descomposición de los cambios en la demanda sectorial de las distintas fuentes. El modelo utilizado es una extensión del modelo...