Digital Repository
  • English 
    • español
    • English
  • Repository
  • Library
  • Central Bank
  • Contact
JavaScript is disabled for your browser. Some features of this site may not work without it.
Principal Menu
  • Repository
  • Central Bank
  • Contact
Explore
  • Collections
  • Authors
  • Issued date
  • Subjects
  • Titles
  • Document Types
Historical Records
  • Records 1925-1929
  • Records 1930-1932
  • Records 1933-1938
  • Records 1939-1945
  • Records 1946-1952
  • Records 1953-1958
  • Records 1959-1967
  • Records 1968-1973
  • Records 1974-1983
  • Records 1984-1989

Browse

Filter by:
All of DSpace
Communities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument Types
This Collection
By Issue DateAuthorsTitlesSubjectsDocument Types

My Account

Login

Discover

Filter by:
Author
Corbo, Vittorio (2)Corsetti, Giancarlo (2)Edwards, Sebastián, 1953- (2)Gallego Yáñez, Francisco (2)Goldfajn, Ilan (2)... View More
Subject
TIPO DE CAMBIO (32)
INFLACIÓN (15)POLÍTICA MONETARIA (12)CRISIS FINANCIERA (4)MACROECONOMÍA (4)... View More
Date Issued
2020 - 2021 (2)2010 - 2019 (11)2002 - 2009 (19)
Document Type
Artículo (32)
  •   Chilean Central Bank Digital Repository
  • Investigación económica
  • Series
  • Serie Banca Central, análisis y políticas económicas (artículos)
  • Search
Search 
  •   Chilean Central Bank Digital Repository
  • Investigación económica
  • Series
  • Serie Banca Central, análisis y políticas económicas (artículos)
  • Search

Search

Show Advanced FiltersHide Advanced Filters

Filters

Use filters to refine the search results.

Now showing items 1-10 of 32

  • Sort Options:
  • Relevance
  • Title Asc
  • Title Desc
  • Issue Date Asc
  • Issue Date Desc
  • Document Type Asc
  • Document Type Desc
  • Results Per Page:
  • 5
  • 10
  • 20
  • 40
  • 60
  • 80
  • 100
Thumbnail

Saving distortions undervalued exchange rates and protectionism 

Author
Costinot, Arnaud; Lorenzoni, Guido; Werning, Iván
Date
Banco Central de Chile, 2015
Subject
TIPO DE CAMBIO; PROTECCIONISMO; AHORRO E INVERSIÓN
Policies that distort domestic saving decisions have general equilibrium effects on trade flows and the real exchange rate. In particular increasing domestic savings keeps the real exchange rate undervalued depressing imports and increasing exports. However there are important differences between ...
Thumbnail

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 ...
Thumbnail

Government spending and the real exchange rate: a cross-country perspective 

Author
Caputo, Rodrigo; Fuentes D., Miguel
Date
Banco Central de Chile, 2013
Subject
TIPO DE CAMBIO; GASTOS PÚBLICOS
There is no consensus about the economic implications of real exchange rate (RER) misalignments. Some authors argue that keeping the real exchange rate away from its equilibrium level creates distortions in the relative prices of tradable and nontradable goods generating misleading signals to economic ...
Thumbnail

The macroeconomic conseguences of wage indexation revisited 

Author
Jadresic, Esteban
Date
Banco Central de Chile, 2002
Subject
INFLACIÓN; TIPO DE CAMBIO; POLÍTICA MONETARIA; SALARIOS; MACROECONOMÍA
Since the mid-1970s, the macroeconomic consequences of wage indexation has been the subject of considerable research. Starting with an enthusiastic proposal for indexation by Friedman (1974) and two influential papers by Gray (1976) and Fischer (1977), the academic literature has examined the effects ...
Thumbnail

Floats pegs and the transmission of fiscal policy 

Author
Corsetti, Giancarlo; Kuester, Keith; Müller, Gernot J.
Date
Banco Central de Chile, 2013
Subject
POLÍTICA FISCAL; POLÍTICA ECONÓMICA; TIPO DE CAMBIO; ECONOMÍA KEYNESIANA
One of the most popular pieces of wisdom in economic policy is the idea that fiscal policy is more effective in a fixed exchange rate regime or a currency union than in a flexible exchange rate regime. In this paper we revisit the theoretical foundations of the conventional wisdom on the relative ...
Thumbnail

Monetary policy under inflation targeting: an introduction 

Author
Mishkin, Frederic S.; Schmidt-Hebbel, Klaus
Date
Banco Central de Chile, 2007
Subject
POLÍTICA MONETARIA; INFLACIÓN; TIPO DE CAMBIO
With the end of intermediate exchange rate regimes, countries are either abandoning domestic monetary policy (by choosing super-hard pegs or relinquishing their national currencies altogether) or strengthening independent monetary policymaking (by adopting floating exchange rates, of either the clean ...
Thumbnail

A decadeof inflation targeting in Chile: developments, lessons, and challenges 

Author
Morandé, Felipe G.
Date
Banco Central de Chile, 2002
Subject
INFLACIÓN; POLÍTICA MONETARIA; TIPO DE CAMBIO
In the twentieth century, Chile experienced most monetary and exchange rate regimes. Periods of fixed exchange rates usually ended in speculative attacks as a result of inconsistent policies or significant external shocks, generating serious real costs and larger exchange rate volatility.
Thumbnail

Inflation targeting in Brazil: shocks, backward-looking prices, and IMF conditionality 

Author
Bogdanski, Joel; De Freitas, Paulo Springer; Goldfajn, Ilan; Tombini, Alexandre Antonio
Date
Banco Central de Chile, 2002
Subject
INFLACIÓN; FONDO MONETARIO INTERNACIONAL; TIPO DE CAMBIO; PRODUCTO INTERNO BRUTO
In mid-January 1990, Brazil abandoned its crawling exchange rate band. Surprisingly enough, the country's economic performance in the aftermath of this episode was much better than expected, given the performance of other emerging market economies after a move toward floating. Despite the large ...
Thumbnail

Do development considerations matter for exchange rate policy? 

Author
Williamson, John
Date
Banco Central de Chile, 2008
Subject
TIPO DE CAMBIO; POLÍTICA MONETARIA; DESARROLLO ECONÓMICO; BANCO CENTRAL DE CHILE
Chile was one of the world’s fastest-growing economies in the 1990s. Its growth rate of 6.8 percent per year from 1990 to 2000 (inclusive) was the seventh highest in the world, and by far the highest in Latin America. Poverty was halved, and while this was overwhelmingly due to growth rather than a ...
Thumbnail

Inflation targeting and the inflation process: lessons from an open economy 

Author
Debelle, Guy; Wilkinson, Jenny
Date
Banco Central de Chile, 2002
Subject
INFLACIÓN; BANCOS CENTRALES; TIPO DE CAMBIO
Inflation targeting in an open economy insolves a number of complexities that do not arise with inflation targeting in a clises economy. One of these is that central banks in open economies have to decide how to repond to changes in the exchange rate.
  • 1
  • 2
  • 3
  • 4
Terms and conditions
Central Bank of Chile
Agustinas 1180, Santiago, Chile (+56 2) 2670 2000
Implementado porOpenGeek