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Listar Serie Banca Central, análisis y políticas económicas (artículos) por autor "Reis, Ricardo"
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Independence, credibility, and communication of central banking: an overview
Pastén, Ernesto; Reis, Ricardo (Banco Central de Chile, 2021-10)The institution of central-bank independence is often lauded as a great conquest of the accumulation of knowledge and the sensible setting of policy. The economic literature is filled with arguments for why an independent ... -
The fiscal footprint of macroprudential policy
Reis, Ricardo (Banco Central de Chile, 2021-10)Monetary policies leave a fiscal footprint. When the central bank cuts the policy interest rate, this footprint comes through multiple channels: The demand for currency rises, so the central bank prints more banknotes to ...