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Author
Guajardo M., Jaime (2)
Le Fort, Guillermo (1)
Subject
CICLOS ECONÓMICOS (1)CONSUMO (ECONOMÍA) (1)EXPORTACIONES (1)MODELOS ESTOCÁSTICOS (1)... View More
Date Issued
2008 (1)1999 (1)
Document Type
Artículo (2)
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Financial frictions and business cycles in middle-income countries 

Author
Guajardo M., Jaime
Date
Banco Central de Chile, 2008
Subject
CICLOS ECONÓMICOS; MODELOS ESTOCÁSTICOS
Empirical analysis reveals three regularities among middleincome countries: consumption is highly procyclical and more volatile than output, investment is highly procyclical and three to four times as volatile as output, and real net exports are countercyclical and about three times as volatile as ...
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Cuenta corriente y desvíos transitorios en términos de intercambio y volúmenes de exportaciones: Chile 1985-1999 

Author
Guajardo M., Jaime; Le Fort, Guillermo
Date
Banco Central de Chile, 1999-12
Subject
CONSUMO (ECONOMÍA); EXPORTACIONES
Para moderar el riesgo de interrupción del financiamiento externo parece conveniente mantener el déficit en cuenta corriente en niveles sostenihles y a sí suavizar en forma continua la trayectoria del consumo. La volatilidad en los términos de intercambio y en los volúmenes de ciertas exportaciones ...
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