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The staff report for the 2005 Article IV Consultation for Chile highlights short-term economic outlook and fiscal …
Persistent link: https://www.econbiz.de/10014405940
This Selected Issues paper on Chile assesses the long-term outlook of Chile’s private pension system. The paper … provides an overview of Chile’s recent experience with public–private partnerships (PPPs), focusing on the design of its … institutional framework. The paper discusses that Chile’s experience with PPPs, currently covering 44 projects, has been successful …
Persistent link: https://www.econbiz.de/10014406009
We investigate sources of economic fluctuations in Chile during 1998-2007 within the framework of a standard …, and government/trade wedges for business cycles in Chile. The purpose of this exercise is twofold: (i) focus the policy …
Persistent link: https://www.econbiz.de/10014401868
This paper analyzes the determinants of credit cyclicality. It constructs a financial development index and studies whether it affects the amplitude of impulse responses to shocks to output, terms of trade, global liquidity, and global risk appetite. The paper uses both country-specific VARs for...
Persistent link: https://www.econbiz.de/10014401870
-established IT regime, Chile and New Zealand, vis-à-vis two economies operating under relatively newer IT regimes, and which are … effective in Chile and New Zealand. For Peru and Uruguay, the exchange rate channel is instead more relevant in the transmission …
Persistent link: https://www.econbiz.de/10014412189
This paper examines whether there is a case for temporary but persistent fiscal surpluses in economies heavily endowed with nonrenewable resources. It finds that there generally is a case. Fiscal surpluses permit replacing nonfinancial wealth with financial assets, the return on which increases...
Persistent link: https://www.econbiz.de/10014400296
-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several … different subnational levels of steady state. For the latter countries and Chile, convergence is also higher after controlling …
Persistent link: https://www.econbiz.de/10014400374
Persistent link: https://www.econbiz.de/10015057906
Persistent link: https://www.econbiz.de/10015058703
Macroeconomic imbalances built during the pandemic have been largely resolved, supported by strong policy responses. Inequality has declined somewhat but remains high. Weak investment and potential growth are constraining income convergence to advanced economies. Policy priorities have shifted...
Persistent link: https://www.econbiz.de/10015058704