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Mostrando ítems 11-20 de 20
Indicadores de comercio exterior, primer trimestre 2022
Esta publicación contiene información sobre exportaciones e importaciones totales a nivel de país. Comprende dos partes: en la primera, se presenta un análisis del comportamiento global del comercio exterior, algunos estudios especiales sobre sectores de la producción y el intercambio comercial con ...
Memoria anual 2019
El Banco Central de Chile busca realizar su gestión con eficiencia, en un marco de creciente transparencia de sus acciones e incorporando de manera permanente la aplicación de criterios y políticas adheridas a las mejores prácticas observadas a nivel mundial.
Este documento conforma nuestra primera ...
Memoria anual 2020
El Banco Central de Chile ha publicado su Memoria Integrada 2020, reporte que detalla los principales hitos financieros, medioambientales, de relación con la comunidad, con sus trabajadores y el aporte que la institución hace al país a través del cumplimiento de su mandato legal, con el foco puesto ...
Trade exposure and the evolution of inflation dynamics
The Phillips curve—the relationship between price inflation
and fluctuations in economic activity— is a central building block
of economic models that allow for nominal rigidities and are relied
upon by central banks around the world to gauge cyclical inflationary
pressures and forecast inflation. ...
Cross-border corporate control: openness and tax havens
Cross-border corporate control is a major facet of globalisation. In roughly one out of four listed controlled companies in 2012, control was exercised by a foreign entity or family/individual. Controlling—and passive—ownership stakes are often hidden in complex structures, involving pyramids and ...
Integrated annual report 2022
This was a complex year for the Central Bank. Inflation vastly exceeded our 3% target, which forced our institution to make drastic monetary policy decisions, as part of a cycle of rate increases that began the previous year.
Between January and October, the monetary policy rate (MPR) rose from 4.0% ...
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 ...
Memoria Anual Integrada 2022
El año 2022 fue complejo para el Banco Central porque su meta de inflación de 3% se vio absolutamente sobrepasada, lo que obligó a nuestra institución a tomar drásticas decisiones de política monetaria, como parte de un ciclo de alzas que ya había comenzado el año anterior.
Entre enero y octubre, la ...
Credibility of emerging markets, foreign investors’ risk perceptions, and capital flows
Emerging market economies (EMEs) are constantly exposed to shocks that originate in world capital markets, posing serious challenges to policymakers. By dealing with these shocks —Covid-19 representing the most recent event— several lessons have been learned in terms of the ways they
propagate as ...