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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 …
Persistent link: https://www.econbiz.de/10014403501
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 …
Persistent link: https://www.econbiz.de/10014403546
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 …
Persistent link: https://www.econbiz.de/10014403685
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 …
Persistent link: https://www.econbiz.de/10014403739
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 …
Persistent link: https://www.econbiz.de/10014403954
Chile's overall economic performance during 1990–97 was very strong. By early 1998, Chile faced the difficult …
Persistent link: https://www.econbiz.de/10014404536
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of … framework.Chile has succeeded in sustaining these policies-despite external and domestic forces to the contrary-because of …
Persistent link: https://www.econbiz.de/10014404666
Chile has successfully resisted contagion from neighboring countries' difficulties. Chile's inflation targeting … continues to serve Chile well. The interest in recapitalizing the central bank is welcomed. Executive Directors commend Chile … for the transparency of monetary and fiscal policies. Chile faces the essential task of returning to sustained economic …
Persistent link: https://www.econbiz.de/10014404792
Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Securities Regulation for Chile. The …
Persistent link: https://www.econbiz.de/10014404851
This Selected Issues paper examines the acceleration of inflation over the past year in Chile, identifying domestic … shocks to food and energy prices as main drivers. The paper uses the Jeanne-Rancière model to calculate Chile’s optimal ratio … of international reserves to GDP. It analyzes the stabilization properties of Chile’s macroeconomic framework and …
Persistent link: https://www.econbiz.de/10014406818