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Author
Soto, Claudio (4)
Céspedes, Luis Felipe (1)García Silva, Pablo (1)Restrepo L., Jorge E. (1)
Subject
BANCO CENTRAL DE CHILE (1)CICLOS ECONÓMICOS (1)CONSUMO (ECONOMÍA) (1)DESEMPLEO (1)DISPONIBILIDADES MONETARIAS (1)... View More
Date Issued
2007 (1)2006 (2)2004 (1)
Document Type
Artículo (4)
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Credibility and inflation targeting in Chile 

Author
Céspedes, Luis Felipe; Soto, Claudio
Date
Banco Central de Chile, 2007
Subject
INFLACIÓN; BANCO CENTRAL DE CHILE; POLÍTICA MONETARIA; PRECIOS
After a long history of high and volatile inflation, the Central Bank of Chile began implementing its monetary policy in the early 1990s by announcing yearly targets for inflation. This new framework was the first step toward a full-fledged inflation-targeting setup, although the Central Bank continued ...
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Large hoardings of international reserves: are they worth it? 

Author
García Silva, Pablo; Soto, Claudio
Date
Banco Central de Chile, 2006
Subject
DISPONIBILIDADES MONETARIAS
Several Asian economies have accumulated large stocks of international reserves over the last few years. This motivates the question we address in this paper from an empirical point of view. Are these large increases in reserves an efficient crisis-prevention strategy? Or are they second-best to other ...
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Desempleo y consumo en Chile 

Author
Soto, Claudio
Date
Banco Central de Chile, 2004-04
Subject
DESEMPLEO; CONSUMO (ECONOMÍA)
El artículo estudia empíricamente el efecto del desempleo sobre el consumo agregado de bienes habituales en Chile entre 1990 y 2002. Utilizando un modelo de corrección de errores se encuentra que el desempleo rezagado tiene un efecto negativo y estadísticamente significativo sobre el crecimiento del ...
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Regularidades empíricas de la economía Chilena: 1986 - 2005 

Author
Restrepo L., Jorge E.; Soto, Claudio
Date
Banco Central de Chile, 2006-08
Subject
ECONOMÍA; CICLOS ECONÓMICOS
Este trabajo documenta las principales regularidades empíricas de la economía Chilena en los últimos veinte años. La caracterización se realiza en dos dimensiones. En primer lugar, se describe la estructura de la economía en términos del tamaño relativo de los distintos sectores en el largo plazo y ...
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