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Loayza O., Norman (5)Fuentes, J. Rodrigo (4)Chumacero, Rómulo (3)Contreras M., Gabriela (3)Morandé, Felipe G. (3)... más
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The sources of economic growth: an overview 

Autor
Loayza O., Norman; Soto, Raimundo
Fecha
Banco Central de Chile, 2002
Temas
DESARROLLO ECONÓMICO
The importance of economic growth cannot be overstated. Income growth is ssential for achieving economic, social, and even political development. Countries that grow strongly and for sustained periods of time are able to reduce their poverty levels significantly, strengthen their democratic and political ...
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Policy evaluation and empirical growth research 

Autor
Durlauf, Steven N.
Fecha
Banco Central de Chile, 2002
Temas
DESARROLLO ECONÓMICO; MACROECONOMÍA
This paper explores the implications of the vast body of studies of cross-country growth determinants for the evaluation of alternative policies. Empirical growth studies have experienced a remarkable flowering in the last fifteen years, and innumerable insights have unquestionably been uncovered ...
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Quantity and quality of economic growth 

Autor
Barro, Robert J.
Fecha
Banco Central de Chile, 2002
Temas
DESARROLLO ECONÓMICO; PRODUCTO INTERNO BRUTO
Most cross-country studies of economic growth, including my earlier research, focus on the determinants of narrow economic variables. The variables most often studied are the growth rate of per capita gross domestic product (GDP) and the ratio of investment to GDP. In this study, my focus is on the ...
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The effects of business cycles on growth 

Autor
Fatás, Antonio
Fecha
Banco Central de Chile, 2002
Temas
CICLOS ECONÓMICOS; DESARROLLO ECONÓMICO; MACROECONOMÍA
This paper explores the links between business cycles and long-run growth. Although it is clear from a theoretical point of view that both of these phenomena are driven by the same macroeconomic variables, the interaction between economic fluctuations and growth has been largely ignored in the academic ...
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Trends, cycles, and convergence 

Autor
Harvey, Andrew C.
Fecha
Banco Central de Chile, 2002
Temas
CICLOS ECONÓMICOS; DESARROLLO ECONÓMICO; PRODUCTO INTERNO BRUTO
Determining turning points in the business cycle is a difficult problem. Making sensible predictions concerning the growth path of an economy in the medium or long term is even harder. This paper explores what can be achieved by analysing and modeling time series observations on gross domestic product ...
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General equilibrium analysis of a fuel tax increase in Chile 

Autor
O’Ryan, Raúl; Miguel, Carlos J. de; Miller, Sebastián
Fecha
Banco Central de Chile, 2005
Temas
TRIBUTACIÓN; DESARROLLO ECONÓMICO
Achieving economic growth has been an important issue for over half a century. More recently, developed countries have incorporated the need for a more equitable and environmentally balanced growth. The complexity of modeling an economy with all its interrelations, agents, and sectors, however, has ...
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La brecha de producto en Chile: medición y evaluación 

Autor
Fuentes, J. Rodrigo; Gredig Uribe, Fabián; Larraín E., Mauricio
Fecha
Banco Central de Chile, 2008-08
Temas
DESARROLLO ECONÓMICO; INFLACIÓN; CRISIS ECONÓMICA 1998
El presente trabajo estima la brecha del producto y del crecimiento del producto potencial para Chile durante 1986-2007 con tres diferentes metodologías: (i) función de producción, (ii) aproximación por el filtro de Kalman (univariado y multivariado) y (iii) VAR estructural. Las estimaciones de brecha ...
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A toolkit for analyzing alternative policies in the chilean economy 

Autor
Chumacero, Rómulo
Fecha
Banco Central de Chile, 2005
Temas
POLÍTICA MONETARIA; MACROECONOMÍA; TASAS DE INTERÉS; DESARROLLO ECONÓMICO
As noted by Leeper (1995) “the business pages of leading newspapers give the impression that the effects of alternative monetary policies on the macroeconomy are well understood and predictable.” They tend “to write with great certainty that when the monetary authority raises interest rates it slows ...
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Fifteen years of new growth economics: what have we learned? 

Autor
Sala-I-Martin, Xavier
Fecha
Banco Central de Chile, 2002
Temas
DESARROLLO ECONÓMICO; MACROECONOMÍA; CICLOS ECONÓMICOS
Paul Romer’s paper, “Increasing Returns and Long-Run Growth,” is now fifteen years old. This pathbreaking contribution led to a resurgence in research on economic growth. The resulting literature has in had a number of important impacts. In particular, it shifted the research focus of macroeconomists. ...
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Reviewing the evidence against absolute convergence 

Autor
Chumacero, Rómulo
Fecha
Banco Central de Chile, 2002
Temas
CONVERGENCIA (ECONOMÍA); DESARROLLO ECONÓMICO
Few subjects in applied economic research have been studied as extensively as the convergence hypothesis advanced by Solow (1956) and documented by Baumol (1986). In simple terms, the hypothesis states that poor countries or regions tend to grow faster than rich ones. In its strongest version (known ...
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