Working Papers Central Bank of Chile

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320: The Wage Curve in Chile

Pablo Garcia Silva and Paulina Andrea Granados Zambrano

319: Money as an indicator for inflation and output in Chile - not anymore?

Tobias Broer

318: Financial Frictions and Real Devaluations

Alvaro Aguirre and César Calderón

317: Institutions, Economic Policies and Growth: Lessons From the Chilean Experience

Vittorio Corbo, Leonardo Hernández and Fernando Parro

316: Real Exchange Rate Misalignments and Economic Performance

Alvaro Aguirre and Cesar Calderon

315: Factores Macroeconómicos en Retornos Accionarios Chilenos

Rodrigo Fuentes, Jorge Gregoire and Salvador Zurita

314: Cuanto Explican las Reformas y la Calidad de las Instituciones el Crecimiento Chileno? Una Comparación Internacional

Cesar Calderon and Rodrigo Fuentes

313: Convergencia Regional en Chile: Nuevos Tests, Viejos Resultados

Roberto Duncan and Rodrigo Fuentes

312: Credibility and Inflation Targeting in an Emerging Market: The Case of Chile

Luis Cespedes and Claudio Soto

311: Concentration and Price Rigidity: Evidence for the Deposit Market in Chile

Solange Berstein and Rodrigo Fuentes

310: Fluctuaciones del Dólar, Precio del Cobre y Términos de Intercambio

Jose De Gregorio, Hermann González and Felipe Jaque

309: Spreads Soberanos: Una Aproximación Factorial

Valentín Délano and Jorge Selaive

308: Mirando el Desarrollo Económico de Chile: Una Comparación Internacional

Rodrigo Fuentes and Verónica Mies

307: General Equilibrium Models: An Overview

Romulo Chumacero and Klaus Schmidt-Hebbel

306: Rankings de Universidades Chilenas Según los Ingresos de sus Titulados

David Rappoport, Jose Miguel Benavente and Patricio Meller

305: Emerging Market Economies: The Aftermath of Volatility Contagion in a Selection of Three Financial Crises

Felipe Jaque

304: Labor Markets and Institutions: An Overview

Jorge Enrique Restrepo and Andrea Tokman

303: Determinantes de la Inversión en Chile

Igal Magendzo

302: Overcoming Fear of Floating: Exchange Rate Policies in Chile

Jose De Gregorio and Andrea Tokman

301: Regularidades Empíricas de la Economía Chilena

Jorge Enrique Restrepo and Claudio Soto

300: Persistence and the Role of Exchange Rate and Interest Rate Inertia in Monetary Policy

Rodrigo Caputo

299: Large Hoardings of International Reserves: Are They Worth It?

Pablo Garcia Silva and Claudio Soto

298: Economic Growth in Chile: Evidence, Sources and Prospects

Jose De Gregorio

297: The Default Rate and Price of Capital in a Costly External Finance Model

Juan Medina

296: Determinants of Non-Mining Exports: A Regional Perspective

Mabel Cabezas B., Jorge Selaive and Gonzalo Becerra M.

295: Technological Innovation In Chile Where We Are and What Can be Done

Jose Miguel Benavente

294: Trade Openness And Real Exchange Rate Volatility: Panel Data Evidence

Cesar Calderon

293: Money As An Inflation Indicator In Chile: Does P* Still Work?

Tobias Broer and Rodrigo Caputo

292: External Conditions and Growth Performance

Cesar Calderon, Norman Loayza and Klaus Schmidt-Hebbel

291: Financial System and Economic Growth in Chile

Leonardo Hernández and Fernando Parro

290: Endogenous Financial Constraints: Persistence and Interest Rate Fluctuations

Juan Medina

289: Education and Economic Growth in Chile

Andrea Tokman

288: Patterns of Specialization and Economic Growth in Chile by Sector

Roberto Alvarez and Rodrigo Fuentes

287: Sources of Economic Growth and Total Factor Productivity in Chile

Rodrigo Fuentes, Mauricio Larrain and Klaus Schmidt-Hebbel

286: Optimal Monetary Policy in a Small Open Economy Under Segmented Asset Markets and Sticky Prices

Ruy Lama and Juan Medina

285: Institutions and Cyclical Properties of Macroeconomic Policies

Cesar Calderon, Roberto Duncan and Klaus Schmidt-Hebbel

284: Preferential Trading Arrangements, Trade, and Growth

Arvind Panagariya

283: Regional Integration And North-South Technology Diffusion: The Case of Nafta

Maurice Schiff and Yanling Wang

282: Customs Unions And Foreign Investment: Theory And Evidence From Mercosur’s Auto Industry

Çaglar Özden and Francisco J. Parodi

281: The FTAA And The Location Of FDI

Eduardo Levy Yeyati, Ernesto Stein and Christian Daude

280: U.S. Trade Preferences: All are not Created Equal

Daniel Lederman and Çaglar Özden

279: Reciprocity in Free Trade Agreements

Caroline Freund

278: Growth Effects of Regional Integration Agreements

Matias Berthelon

277: The Agriculture of Mexico After Ten Years of Nafta Implementation

Antonio Yunez-Naude and Fernando Barceinas Paredes

276: Trade Policy and Poverty Reduction in Brazil

Glenn Harrison, Thomas Rutherford, David Tarr and Angelo Gurgel

275: Consumo y Dinero de Personas en Chile

Tobias Broer

274: Uso de Análisis Factorial Dinámico para Proyecciones Macroeconómicas

Alvaro Aguirre and Luis Cespedes

273: Emerging Market Lending: Is Moral Hazard Endogenous?

Tobias Broer

272: Exchange Rates and Monetary Policy in Open Economies: The Experience of Chile in the Nineties

Rodrigo Caputo

271: General Equilibrium Dynamics of External Shocks and Policy Changes in Chile

Francisco Gallego, Klaus Schmidt-Hebbel and Luis Servén