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Working Papers Central Bank of Chile

From Central Bank of Chile
Contact information at EDIRC.

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520: When RSI met the Binomial-Tree Downloads
Rodrigo Alfaro and Andres Sagner
519: Skill Upgrading and the Real Exchange Rate Downloads
Roberto Alvarez and Ricardo López Rago
518: Optimal Taxation With Heterogeneous Firms Downloads
Rodrigo Cerda and Diego Saravia
517: Do Exchange Rate Regimes Matter For Inflation And Exchange Rate Dynamics? The Case Of Central America Downloads
Rodrigo Caputo and Igal Magendzo
516: Interbank Rate and the Liquidity of the Market Downloads
Luis A. Ahumada, Alvaro Garcia-Marin, Luis Opazo and Jorge Selaive
515: Sovereing Defaulters: Do International Capital Markets Punish Them? Downloads
Miguel Fuentes and Diego Saravia
514: Forecasting Inflation in Chile With an Accurate Benchmark Downloads
Pablo Pincheira and Alvaro Garcia-Marin
513: From Crisis to IMF-Supported Program: Does Democracy Impede the Speed Required by Financial Markets? Downloads
Ashoka Mody and Diego Saravia
512: A Systemic Approach to Money Demand Modeling Downloads
Mauricio Calani, Rodrigo Fuentes and Klaus Schmidt-Hebbel
511: Forecasting Chilean Inflation in Difficult Times Downloads
Juan Díaz and Gustavo Leyva
510: Overoptimism, Boom-Bust Cycles, And Monetary Policy In Small Open Economies Downloads
Manuel Marfán, Juan Medina and Claudio Soto
509: Monetary Policy Under Uncertainty and Learning: An Overview Downloads
Klaus Schmidt-Hebbel and Carl Walsh
508: Estimación de Var Bayesianos para la Economía Chilena Downloads
Patricio Jaramillo
507: Chile’s Growth and Development: Leadership, Policy-Making Process, Policies, and Results Downloads
Klaus Schmidt-Hebbel
506: Exit in Developing Countries: Economic Reforms and Plant Heterogeneity Downloads
Sebastián Vergara Marezco and Roberto Alvarez
505: The Dynamics of Inflation Persistence in Chile Downloads
Pablo Pincheira
504: Robust Learning Stability with Operational Monetary Policy Rules Downloads
George Evans and Seppo Honkapohja
503: Banking Risk Exposure Downloads
Rodrigo Alfaro, Daniel Calvo and Daniel Oda
502: Determinacy, Learnability, And Plausibility In Monetary Policy Analysis: Additional Results Downloads
Bennett McCallum
501: Expectations, Learning, And Monetary Policy: An Overview Of Recent Research Downloads
George Evans and Seppo Honkapohja
500: Higher Order Properties of the Symmetricallr Normalized Instrumental Variable Estimator Downloads
Rodrigo Alfaro
499: Imperfect Knowledge And The Pitfalls Of Optimal Control Monetary Policy Downloads
Athanasios Orphanides and John Williams
498: Macroeconomic And Monetary Policies From The Eductive Viewpoint Downloads
Roger Guesnerie
497: Macroeconomics, Monetary Policy and the Central Bank´s Net Worth Downloads
Jorge E. Restrepo, Luis Salomó and Rodrigo Valdés
496: Microeconomic Evidence of Nominal Wage Rigidity in Chile Downloads
Marcus Cobb and Luis Opazo
495: A Sticky-Information General Equilibrium Model for Policy Analysis Downloads
Ricardo Reis
494: Choosing an Exchange Rate Regime Downloads
Cesar Calderon and Klaus Schmidt-Hebbel
493: Learning, Endogenous Indexation, and Disinflation in the New-Keynesian Model Downloads
Volker Wieland
492: Sources of Uncertainty for Conducting Monetary Policy in Chile Downloads
Felipe Morandé and Mauricio Tejada
491: What Drives Inflation in the World? Downloads
Cesar Calderon and Klaus Schmidt-Hebbel
490: Inflation Target Transparency and the Macroeconomy Downloads
Martin Melecký, Diego Rodríguez Palenzuela and Ulf Söderström
489: Multimodality Test and Mixture Distributions: An Application to the Central Bank Expectation Survey Downloads
Patricio Jaramillo and Juan Carlos Piantini
488: Growth and Volatility in Developing Countries: The Role of Credits and Fiscal Policy Downloads
Maria Elisa Farias
487: The Choice of Fiscal Regimes in the World Downloads
Cesar Calderon and Klaus Schmidt-Hebbel
486: Inflation Dynamics in a Small Open Economy Model Under Inflation Targeting: Some Evidence From Chile Downloads
Marco Del Negro and Frank Schorfheide
485: Does Openness Imply Greater Vulnerability? Downloads
Cesar Calderon, Norman Loayza and Klaus Schmidt-Hebbel
484: Optimal Monetary Policy Under Uncertainty in DSGE Models: A Markov Jump-Linear-Quadratic Approach Downloads
Lars Svensson and Noah Williams
483: Openness and Growth Volatility Downloads
Cesar Calderon and Klaus Schmidt-Hebbel
482: Energy Costs and Productivity in Chilean Manufacturing Industry Downloads
Roberto Alvarez, Alvaro Garcia-Marin and Pablo Garcia Silva
481: Business Cycles and Fiscal Policies: the Role of Institutions and financial Markets Downloads
Cesar Calderon and Klaus Schmidt-Hebbel
480: Income Distribution In Chile, 1987-2006: Analysis And Policy Considerations Downloads
Andrés Solimano and Arístides Torche
479: What drives the Choice of Money-based Targets in the World? Downloads
Cesar Calderon and Klaus Schmidt-Hebbel
478: David Versus Goliath: The Impact of Chinese Competition on Developing Countries Downloads
Roberto Alvarez and Sebastian Claro
477: Forecasting Inflation Forecast Errors Downloads
Andrea Betancor and Pablo Pincheira
476: Productivity, Innovations and Exports in the Chilean Manufacturing Industry Downloads
Roberto Alvarez and Alvaro Garcia-Marin
475: The Choice of Inflation Targeting Downloads
Gustavo Leyva
474: Deposit Insurance, Moral Hazard and the Risk of Runs Downloads
Nancy Silva
473: Chinese Penetration and Importer Country Wages: Microevidence From Chile Downloads
Roberto Alvarez and Luis Opazo
472: Exploring the Relationship Between R&D and Productivity: A Country-Level Study Downloads
Claudio Bravo-Ortega and Alvaro Garcia-Marin
471: Alternative Measures of Core Inflation in Chile Downloads
Julio Cordova, María Carolina Grünwald and Michael Pedersen
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