Chile: Selected Issues

International Monetary Fund

No 2001/120, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents four studies on selected issues of the Chilean economy. The new framework for fiscal policy represented by the authorities' target of a central government structural surplus of 1 percent of GDP is also discussed. This study examines whether the variance of the cyclical component of output in Chile and 11 other countries increased during the 1990s, a period during which the variance of inflation declined. The alternative measures of potential output for Chile are also estimated.

Keywords: ISCR; CR; unemployment persistence; production function; production function approach; output variance; inflation variance; Chilean authorities; Fiscal stance; Unemployment; Labor markets; Employment; Metal prices; Australia and New Zealand; Asia and Pacific (search for similar items in EconPapers)
Pages: 175
Date: 2001-07-30
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Citations: View citations in EconPapers (2)

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