Chile: Selected Issues
International Monetary Fund
No 2000/104, IMF Staff Country Reports from International Monetary Fund
Abstract:
This paper presents four studies on selected issues of the Chilean economy. The first two studies address matters relevant to the implementation of monetary policy, motivated in part by Chile's recent adoption of an enhanced framework for inflation targeting. The degree of external vulnerability of the Chilean economy, drawing heavily on international evidence, is also discussed. Finally, this paper also includes a statistical appendix, and three annexes summarizing certain aspects of Chile's economic policy regime. Forecasting inflation is an essential element of any inflation targeting regime.
Keywords: ISCR; CR; monetary policy shock; consumption tax; interest rate defenses; Can time; current account; Phillips curve model; forecasting inflation; Exchange rates; Inflation targeting; Consumption; Inflation; Australia and New Zealand; East Asia; Africa; output gap Coefficient (search for similar items in EconPapers)
Pages: 188
Date: 2000-08-22
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