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Author
Carrasco A., Camilo, 1941- (19)Engel, Eduardo (3)Valdés, Rodrigo (3)Caballero, Ricardo J. (2)Céspedes, Luis Felipe (2)... View More
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BANCOS CENTRALES (21)BANCO CENTRAL DE CHILE (18)POLÍTICA MONETARIA (8)INFLACIÓN (7)CONSUMO (ECONOMÍA) (4)... View More
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2020 - 2021 (1)2010 - 2019 (20)2000 - 2009 (34)
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Artículo (55)
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The wealth distribution in developed and developing economies: comparing the United States to Chile using survey data from 2007 

Author
Bauducco, Sofia; Castex, Gonzalo; Davis, Andrew
Date
Banco Central de Chile, 2019-12
Subject
ENCUESTAS DE HOGARES; DISTRIBUCIÓN DE RENTAS; DESIGUALDADES ECONÓMICAS; DEUDA; RIQUEZA
Este estudio examina las distribuciones de ingreso, activos, endeudamiento y riqueza en Chile, utilizando datos de la Encuesta Financiera de los Hogares de 2007. Se detalla la desigualdad a nivel agregado y también por una variedad de subgrupos, tales como edad, género, tipo de hogar, tipo de empleo ...
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Imperfect knowledge and the pitfalls of optimal control monetary policy 

Author
Orphanides, Athanasios 1965-; Williamson, John
Date
Banco Central de Chile, 2009
Subject
POLÍTICA MONETARIA; BANCOS CENTRALES
Sixty years ago, Milton Friedman questioned the usefulness of the optimal control approach because of policymakers’ imperfect knowledge of the economy and favored instead a simple rule approach to monetary policy (1947, 1948). These are still live issues, despite the development of powerful techniques ...
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Microeconomic flexibility in Latin America 

Author
Caballero, Ricardo J.; Engel, Eduardo; Micco, Alejandro
Date
Banco Central de Chile, 2005
Subject
MERCADO LABORAL; MACROECONOMÍA
Latin American economies have begun to leave behind some of the most primitive sources of macroeconomic fluctuations. Policy concern is gradually shifting toward increasing microeconomic flexibility. This is a welcome trend since microeconomic flexibility, which facilitates the ongoing process of ...
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Desempeño y brecha educativa en Chile: ¿existe un sesgo por cobertura? 

Author
Gutiérrez E., Andrea; Paredes M., Ricardo, 1956-
Date
Banco Central de Chile, 2011-04
Subject
DISTRIBUCIÓN DE RENTAS; IGUALDAD DE OPORTUNIDADES EN EDUCACIÓN; CALIDAD DE LA EDUCACIÓN
La mayor cobertura educacional en conjunto con el estancamiento del rendimiento educacional en Chile, en un contexto de mayor gasto en educación, es un verdadero puzle. Una hipótesis natural es que el aumento de la cobertura, al incorporar progresivamente a los grupos más vulnerables, explica la ...
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Household financial vulnerability 

Author
Fuenzalida, Marcelo; Ruiz-Tagle P., Jaime
Date
Banco Central de Chile, 2010
Subject
RIESGO FINANCIERO; DESEMPLEO; HOGARES; DISTRIBUCIÓN DE RENTAS
Household indebtedness in Chile has received considerable attention in recent years because of the financial deepening process underway in the economy. Although various macroeconomic indicators show significant increases in the last decade, there are few tools for evaluating the real vulnerability of ...
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Making hard choices: trilemmas and dilemmas of macroeconomic policy in Latin America 

Author
Durán-Vanegas, Juan David
Date
Banco Central de Chile, 2019-08
Subject
POLÍTICA ECONÓMICA; MACROECONOMÍA
Este artículo determina la linealidad del trilema de política macroeconómica para Colombia, Chile, México y Perú. El rol del crecimiento del crédito es considerado explícitamente con el fin de examinar la hipótesis alternativa de un dilema de política generado por la presencia de ciclos financieros ...
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Expectations, learning and monetary policy: an overview of recent research 

Author
Evans, George W.; Honkapohja, Seppo, 1951-
Date
Banco Central de Chile, 2009
Subject
POLÍTICA MONETARIA; TASAS DE INTERÉS; BANCOS CENTRALES; PRONÓSTICO DE LA ECONOMÍA; BANCO DE INGLATERRA; BANCO CENTRAL EUROPEO
The conduct of monetary policy in terms of interest rate or other rules has been extensively studied in recent research. This literature gives a central role to forecasts of future inflation and output, and the question of whether monetary policy should be forward- ooking has been subject to discussion ...
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The supply-side origins of U.S. inflation 

Author
Hobijn, Bart
Date
Banco Central de Chile, 2020
Subject
INFLACIÓN
In recent years, we have not seen much of a negative correlation between inflation, the time series plotted in figure 1, and measures of resource slack, based on real GDP plotted in figure 2. This flattening of the Phillips curve in many countries across the world has startled monetary policymakers. ...
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Fiscal multipliers and policy coordination 

Author
Eggertsson, Gauti B.
Date
Banco Central de Chile, 2013
Subject
POLÍTICA FISCAL; LIQUIDEZ (ECONOMÍA); TASAS DE INTERÉS; ECONOMÍA KEYNESIANA
This paper is about an economy in a liquidity trap that is an environment with a zero nominal interest rate deflationary pressures and subpar growth. The paper shows two fiscal policy multipliers in a relatively standard New Keynesian liquidity trap economy with taxation costs. It computes real ...
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Flexibilidad microeconómica en américa latina 

Author
Caballero, Ricardo J.; Engel, Eduardo; Micco, Alejandro
Date
Banco Central de Chile, 2004-08
Subject
DESARROLLO ECONÓMICO; MICROECONOMÍA
En este artículo se caracteriza el grado de inflexibilidad microeconómica en varios países de América Latina, y se concluye que Brasil, Chile y Colombia son más flexibles que México y Venezuela. Ladiferencia se explica principalmente por el comportamiento de los establecimientos grandes, que seajustan ...
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