Browsing Series by Author "Marcel Cullel, Mario"

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      Comfort in floating: taking stock of twenty years of freely floating exchange rate in Chile 

      Albagli, Elías; Calani Cadena, Miguel Mauricio; Hadzi-Vaskov, Metodij; Marcel Cullel, Mario; Ricci, Luca Antonio (Banco Central de Chile, 2021-10)
      Chile offers an example of a country that has overcome the fear of floating by reducing balance-sheet mismatches; enhancing financial-market development; and improving monetary, fiscal, and political institutions; while ...
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      Public trust and central banking 

      Marcel Cullel, Mario (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 ...