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The second round of the Presidential elections in Chile marked a swing in the local political scenario. The coalition …
Persistent link: https://www.econbiz.de/10014230844
nontradables to tradables in Argentina, Brazil, Chile (ABC) and Mexico from 1990 to 2002. The real exchange rate is determined in … paper confirm the impact of exchange rate regimes on relative prices in all countries except Chile, which maintained …
Persistent link: https://www.econbiz.de/10012446702
In the 1970s and early 1980s Paul Samuelson reformulated the conditional prediction made by Joseph Schumpeter in Capitalism, Socialism and Democracy by replacing socialism with populism. According to Samuelson, "populist democracy" had attained its fullest development in the Southern Cone. He...
Persistent link: https://www.econbiz.de/10012542419
This survey describes the timing and main macroeconomic results of the ambitious structural reforms adopted by Chile in …
Persistent link: https://www.econbiz.de/10012781828
This paper attempts to describe Chilean monetary policy during the first half of the 90s. During that period, an explicit exchange rate target zone prevailed. The center of the exchange rate band was set according to a real exchange rate rule (RERR). The Central Bank's main objective in the...
Persistent link: https://www.econbiz.de/10014089742
We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two … randomized field experiments among 2,687 microentrepreneurs in Chile. The first experiment finds that self-help peer groups are a … powerful tool to increase savings (the number of deposits grows 3.5-fold and the average savings balance almost doubles …
Persistent link: https://www.econbiz.de/10013099420
increase savings, they are unavailable to the millions of people worldwide who not have a formal wage bill. Self-help peer … evaluating their effectiveness. We conduct two randomized field experiments among low-income micro-entrepreneurs in Chile. The … first experiment finds that self-help peer groups are very potent at increasing savings. In contrast, a more classical …
Persistent link: https://www.econbiz.de/10013110869
Persistent link: https://www.econbiz.de/10009486065
Persistent link: https://www.econbiz.de/10009665967
increase savings, they are unavailable to the millions of people worldwide who not have a formal wage bill. Self-help peer … evaluating their effectiveness. We conduct two randomized field experiments among low-income micro-entrepreneurs in Chile. The … first experiment finds that self-help peer groups are very potent at increasing savings. In contrast, a more classical …
Persistent link: https://www.econbiz.de/10009530133