Listar Series por tema "INFLACIÓN"
Mostrando ítems 61-80 de 81
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Política monetaria en tiempos complejos
(Banco Central de Chile, 2016) -
Public trust and central banking
(Banco Central de Chile, 2021-10)Central bank independence is one of the most remarkable pieces of institutional architecture fostered by economic thinking in the last half century. Theoretical studies in the 1980s stressed central bank independence as a ... -
Response to external and inflation schocks in a small open economy
(Banco Central de Chile, 2005) -
Stabilization, persistence, and inflationary convergence: a comparative analysis
(Banco Central de Chile, 2002) -
Sterilized foreign exchange interventions under inflation targeting
(Banco Central de Chile, 2015) -
Targeting inflation in an economy with staggered price setting
(Banco Central de Chile, 2002) -
The chilean experience in completing markets with financial indexation
(Banco Central de Chile, 2002) -
The credit channel and monetary transmission in Brazil and Chile: a structured VAR approach
(Banco Central de Chile, 2011) -
The link between labor cost inflation and price inflation in the Euro Area
(Banco Central de Chile, 2020)To gauge inflationary pressures, policymakers generally pay close attention to labor cost developments. A key reason has been the widely held view that labor cost inflation (i.e., wage inflation adjusted for productivity ... -
The macroeconomic conseguences of wage indexation revisited
(Banco Central de Chile, 2002) -
The monetary policy transmission mechanism and policy rules in Canada
(Banco Central de Chile, 2002) -
The monetary transmission mechanism in the United Kingdom: pass-through and policy rules
(Banco Central de Chile, 2002) -
The nonpuzzling behavior of median inflation
(Banco Central de Chile, 2020)For decades, textbooks have explained inflation behavior with Friedman (1968)’s Phillips curve: the inflation rate depends on expected inflation and the deviation of unemployment from its natural rate. Yet this theory ... -
The passthrough of large-cost shocks in an inflationary economy
(Banco Central de Chile, 2020)This paper surveys and modestly extends the theory of menu-cost models of the behavior of the aggregate price level after large-cost shocks. It does so in the context of an economy with a high underlying rate of inflation. ... -
The relationship between exchange rates and inflation targeting revisited
(Banco Central de Chile, 2007) -
The supply-side origins of U.S. inflation
(Banco Central de Chile, 2020)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 ... -
The transformation and performance of emerging market economies across the great divide of the global financial crisis
(Banco Central de Chile, 2021-10)Before the Global Financial Crisis, a drive towards greater central-bank autonomy and transparency, as part of the achievement of greater central-bank credibility that had begun in the advanced economies (AE), spread to ... -
Trade exposure and the evolution of inflation dynamics
(Banco Central de Chile, 2020)The Phillips curve—the relationship between price inflation and fluctuations in economic activity— is a central building block of economic models that allow for nominal rigidities and are relied upon by central banks ... -
Transparency, flexibility, and inflation targeting
(Banco Central de Chile, 2007) -
Trend, seasonal, and sectorial inflation in the Euro Area
(Banco Central de Chile, 2020)A central focus of monetary policy is the underlying rate of inflation that might be expected to prevail over a horizon of one or two years. Because inflation is estimated from noisy data, the estimation of this underlying ...