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Author
Lefort, Fernando (3)
Edwards, Sebastián, 1953- (1)Landerretche M., Óscar (1)Schmidt-Hebbel, Klaus (1)Valdés, Rodrigo (1)
Subject
INFLACIÓN (2)ESTABILIDAD ECONÓMICA (1)MERCADO FINANCIERO (1)POLÍTICA ECONÓMICA (1)PRECIOS (1)... View More
Date Issued
2002 (3)
Document Type
Artículo (3)
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Indexation, inflation, and monetary policy: an overview 

Author
Lefort, Fernando; Schmidt-Hebbel, Klaus
Date
Banco Central de Chile, 2002
Subject
INFLACIÓN; POLÍTICA ECONÓMICA
Indexation policies and practices are common in many markets and economies. In most cases, price adjustment mechanisms arise in private contracts as a consequence of high and pervasive inflation. Sometimes governments also play an important role in promoting the use of indexation in their issues of ...
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Stabilization, persistence, and inflationary convergence: a comparative analysis 

Author
Edwards, Sebastián, 1953-; Lefort, Fernando
Date
Banco Central de Chile, 2002
Subject
INFLACIÓN; TIPO DE CAMBIO; ESTABILIDAD ECONÓMICA
The role of inflationary persistence has become a recurrent theme in discussions on stabilization programs (Fischer, 1986). This has particularly been the case in recent debates on the merits of exchange-rate-based stabilization plans. Some authors claim that anti-inflationary programs based on ...
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Causes and consequences of indexation: a review of the literature 

Author
Landerretche M., Óscar; Lefort, Fernando; Valdés, Rodrigo
Date
Banco Central de Chile, 2002
Subject
PRECIOS; MERCADO FINANCIERO
Automatic price adjustment mechanisms, or indexation, have arisen in a variety of economies with distinct macroeconomic environments and in different moments in time. Examples include the labor market indexation implemented in various European countries in the postwar era, the indexation of financial ...
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