Chile's Structural Fiscal Surplus Rule : A Model-Based Evaluation /

The paper analyzes Chile's structural balance fiscal rule in the face of copper price shocks originating in foreign copper demand. It uses a version of the IMF's Global Integrated Monetary and Fiscal Model (GIMF) that includes a copper sector. Two results are obtained. First, Chile's...

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Autor principal: Kumhof, Michael
Altres autors: Laxton, Douglas
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2009.
Col·lecció:IMF Working Papers; Working Paper ; No. 2009/088
Accés en línia:Full text available on IMF