Chile : Selected Issues Paper.
This Selected Issues paper examines the acceleration of inflation over the past year in Chile, identifying domestic shocks to food and energy prices as main drivers. The paper uses the Jeanne-Ranciere model to calculate Chile's optimal ratio of international reserves to GDP. It analyzes the sta...
| מחבר תאגידי: | |
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| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2008.
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| סדרה: | IMF Staff Country Reports; Country Report ;
No. 2008/239 |
| גישה מקוונת: | Full text available on IMF |
| סיכום: | This Selected Issues paper examines the acceleration of inflation over the past year in Chile, identifying domestic shocks to food and energy prices as main drivers. The paper uses the Jeanne-Ranciere model to calculate Chile's optimal ratio of international reserves to GDP. It analyzes the stabilization properties of Chile's macroeconomic framework and compares it with alternative policy rules. The paper concludes that Chile's framework based on an explicit inflation target, a floating exchange rate, and a structural fiscal surplus rule is superior to other arrangements. |
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| תאור פריט: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| תיאור פיזי: | 1 online resource (25 pages) |
| פורמט: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| גישה: | Electronic access restricted to authorized BRAC University faculty, staff and students |