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Experiences with current account deficits in Southeast Asia
In the 1990s, Southeast Asia experienced very rapid growth associated with large and persistent current account deficits. The episode lasted from 1990 to around 1996, ending with the outbreak of the Asian crisis in 1997–98. Current account deficits peaked at around 10 percent of gross domestic product ...
An anatomy of credit booms and their demise
Episodes in which credit to the private sector rises significantly above its long-run trend (that is 'credit booms') are often associated with periods of economic turbulence. Until recently however efforts at developing methodologies for identifying credit booms and characterizing the economic ...
Régimen de metas de inflación y credibilidad de la política monetaria en Chile
En este artículo presentamos nueva evidencia de cambios recientes en la dinámica inflacionaria en Chile. Mostramos que las rigideces de precios han aumentado, mientras el grado de indexación a la inflación pasada ha decrecido a lo largo del tiempo. También mostramos que el traspaso del tipo de cambio ...
Sources of uncertainty in conducting monetary policy in Chile
Monetary policy is made in an environment of substantial uncertainty. Consequently, academic researchers have sought to formally demonstrate the implications of uncertainty, as well as the ways in which central banks can manage it. The theoretical literature on uncertainty distinguishes between three ...
RPM 06 de septiembre 2001
Acta correspondiente a la Sesión de Política Monetaria No. 23, celebrada el 6 de septiembre de 2001.
RPM 10 de mayo 2001
Acta correspondiente a la Sesión de Política Monetaria No. 18, celebrada el 10 de mayo de 2001.
RPM 28 de agosto 2000
Acta correspondiente a la Sesión de Política Monetaria No. 9, celebrada el 28 de agosto de 2000.
Acta Comité Ejecutivo N° 1196
Acta mecanografiada