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Memoria anual 2010
Contiene un análisis de la evolución de la economía nacional y de los principales hechos económicos y financieros de cada año, complementado con estadísticas de las variables macroeconómicas más relevantes. Incluye anexos con los resúmenes de las reuniones de política monetaria efectuadas por el Consejo ...
Memoria anual 2015
Contiene un análisis de la evolución de la economía nacional y de los principales hechos económicos y financieros de cada año, complementado con estadísticas de las variables macroeconómicas más relevantes. Incluye anexos con los resúmenes de las reuniones de política monetaria efectuadas por el Consejo ...
Economía chilena
El objetivo de la revista Economía Chilena es ayudar a la divulgación de resultados de investigación, preferentemente aquella realizada en el Banco Central de Chile sobre la economía chilena o temas de importancia para ella, con significativo contenido empírico y/o de relevancia para la conducción de ...
Monetary policy under inflation targeting
Inflation targeting cum exchange-rate floating has become the framework of choice in countries pursuing an independent and effective monetary policy. Since its adoption by New Zealand (1990) and Chile (1991), central banks of nearly 25 industrial and emerging economies have implemented an explicit ...
Fiscal policy and macroeconomic performance
The fiscal developments around the global financial crisis of 2007-2009 and its aftermath are undoubtedly a major factor behind that comeback. The large fiscal stimulus packages adopted by many countries in the face of large adverse shocks have triggered an unusually heated debate among academics, ...
Financial stability, monetary policy, and Central Banking
The financial developments of the last decade have had a large impact on the range of risk diversification contracts available to investors. Based on these complex instruments, the investment possibility frontier was shifted outward and increasingly intricate networks were created. At the same time, ...
Changing inflation dynamics, evolving monetary policy
Empirical models have failed to explain inflation behavior over the last 20 years in most developed economies. The unusual inflation dynamics—the ‘missing deflation’ during recessions and the ‘missing inflation’ during recoveries—points to a failure of Phillips curve predictions. Several hypotheses ...