Working Papers Central Bank of Chile - 2003

Working papers number 196 - 254

Number title Authors date
254 The Monetary Transmission Mechanism in Chile: A Medium-Sized Macroeconometric Model Carlos García
Pablo García
Igal Magendzo
Jorge Restrepo
December 2003
253 Monetary Policy, Real Exchange Rate, and the Current Account in a Small Open Economy Claudio Soto December 2003
252 Net Foreign Assets And Imperfect Financial Integration: An Empirical Approach Jorge Selaive
Vicente Tuesta
December 2003
251 Labor Market Distortions, Employment and Growth: The Recent Chilean Experience Raphael Bergoeing
Felipe Morandé
Facundo Piguillem
December 2003
250 The Harberger-Laursen-Metzler Effect Revisited: An Indirect-Utility-Function Approach Roberto Duncan December 2003
249 Floating, Official Dollarization, and Macroeconomic Volatility:An Analysis for the Chilean Economy Roberto Duncan December 2003
248 Quantifying the Costs of Investment Limits for Chilean Pension Funds Solange M. Berstein
Rómulo A. Chumacero
December 2003
247 The ECOGEM-Chile Model: A CGE Model for Environmental and Trade Policy Analysis Raúl O’Ryan
Carlos J. de Miguel
Sebastián Miller
December 2003
246 Productivity Growth and Disinflation in Chile. José De Gregorio December 2003
245 Growth and Adjustment in East Asia and Latin America. José De Gregorio
Jong-Wha Lee
December 2003
244 On The Removal of Agricultural Price Bands in Chile: A General Equilibrium Analysis
David Holland
Eugenio Figueroa B.
Roberto Alvarez
John Gilbert
December 2003
243 Modeling a Small Open Economy: The Case of Chile
Vittorio Corbo
José Tessada
December 2003
242 Tax Incentives for Retirement Savings: Macro and Welfare Effects in an OLG-GE Model with Liquidity Constraints and Heterogeneous Consumers Rodrigo Cifuentes December 2003
241 A Toolkit for Analyzing Alternative Policies in The Chilean Economy Rómulo Chumacero December 2003
240 Banking Industry and Monetary Policy: an Overview J. Rodrigo Fuentes
Luis Antonio Ahumada
December 2003
239 Tratado de Libre Comercio Entre Chile y Estados Unidos: Revisión de Estudios que Cuantifican su Impacto Mabel Cabezas November 2003
238 Chile’s Regional Arrangements: the Importance of Market Access and Lowering the Tariff to Six Percent Glenn W. Harrison
Thomas F. Rutherford
David G. Tarr
November 2003
237 The Role of Credibility in the Cyclical Properties of Macroeconomic Policies in Emerging Economies César Calderón
Roberto Duncan
Klaus Schmidt-Hebbel
November 2003
236 Commodity Currencies and the Real Exchange Rate Paul Cashin
Luis Felipe Céspedes
Ratna Sahay
November 2003
235 Heterogeneidad de la Transmisión Monetaria: Efectos Sectoriales y Regionales Héctor F. Bravo
Carlos J. García
Verónica Mies
Matías Tapia
October 2003
234 Must Original Sin Cause Macroeconomic Damnation? Luis Felipe Céspedes
Roberto Chang
Andrés Velasco
October 2003
233 Stock de Capital de la Economía Chilena y su Distribución Sectorial Josué Pérez Toledo October 2003
232 Pricing Policies and Inflation Inertia Luis Felipe Céspedes
Michael Kumhof
Eric Parrado
October 2003
231 Banking Concentration: Implications for Systemic Risk and Safety Net Design Rodrigo Cifuentes October 2003
230 The Effect of Cross-Industry Ownership on Pricing: Evidence from Bank-Pension Fund Common Ownership in Chile Luis Antonio Ahumada
Nicola Cetorelli
October 2003
229 Foreign Bank Entry and Business Volatility: Evidence from U.S. States and Other Countries Donald P. Morgan
Philip E. Strahan
October 2003
228 Financial Markets and Financial Leverage in a Two-Country World-Economy Simon Gilchrist October 2003
227 Deposit Insurance: Handle With Care Asli Demirgüç-Kunt
Edward J. Kane
October 2003
226 Concentration, Hold-Up and Information Revelation in Bank Lending: Evidence From Chilean Firms Álvaro García
Andrea Repetto
Sergio Rodríguez
Rodrigo Valdés
October 2003
225 Alternative Approaches to Taxing the Financial Sector: Which is Best and Where Does Chile Stand? Patrick Honohan October 2003
224 Efectos de Cambios en Impuestos Indirectos en la Inflación Carlos García
Pablo García
M. Carolina Grünwald
Felipe Liendo
I. Igal Magendzo
Enrique Orellana
September 2003
223 Bank Lending Channel and the Monetary Transmission Mechanism: the Case of Chile Rodrigo Alfaro
Helmut Franken
Carlos García
Alejandro Jara
August 2003
222 Denying Foreign Bank Entry: Implications For Bank Interest Margins Ross Levine August 2003
221 Retail Bank Interest Rate Pass-Through: Is Chile Atypical? Marco A. Espinosa-Vega
Alessandro Rebucci
August 2003
220 The Effects of Nominal and Real Shocks on the Chilean Real Exchange Rate During the Nineties
Claudio Soto August 2003
219 Monetary Policy, Job Flows, and Unemployment in a Sticky Price Framework Claudio Soto August 2003
218 Is There Lending Rate Stickiness in the Chilean Banking Industry?. Solange Berstein
Rodrigo Fuentes
August 2003
217 Macroeconomic Policies and Performance in Latin America César Calderón
Klaus Schmidt-Hebbel
July 2003
216 Openness and Imperfect Pass-Through: Implications for the Monetary Policy
Claudio Soto
Jorge Selaive
July 2003
215 Purchasing Power Parity in an Emerging Market Economy: A Long-Span Study for Chile. César Calderón
Roberto Duncan
July 2003
214 Non-Traded Goods and Monetary Policy Trade-Offs in a Small Open Economy.
Claudio Soto July 2003
213 Do Free Trade Agreements Enhance the Transmission of Shocks Across Countries?. César Calderón June 2003
212 Crisis Financieras Internacionales, Prestamista de Última Instancia y Nueva Arquitectura Financiera Internacional.
Esteban Jadresic
Klaus Schmidt-Hebbel
Rodrigo Valdés
June 2003
211 Reserves Over the Transitions to Floating and to Inflation Targeting: Lessons From the Developed World Fernando Aportela
Francisco Gallego
Pablo García
May 2003
210 Trade Reforms and Manufacturing Industry in Chile Roberto Alvarez
Rodrigo Fuentes
May 2003
209 Corporate Governance in Chile Manuel R. Agosin
Ernesto Pastén H.
May 2003
208 Indicadores Líderes del IMACEC Luis Firinguetti
Hernán Rubio
April 2003
207 El Embrague Financiero: Un Mecanismo Alternativo de Amplificación Bancaria
Elías Albagli March 2003
206 Efectos de las Intervenciones en el Mercado Cambiario: El Caso de Chile Matías Tapia
Andrea Tokman
March 2003
205 Policy Evaluation and Empirical Growth Research Steven N. Durlauf March 2003
204 Growth and Adjustment in Chile: a Look at the 1990s Vittorio Corbo
José A. Tessada
March 2003
203 Microeconomic Effects of Capital Controls: The Chilean Experience During the 1990s Francisco A. Gallego F.
Leonardo Hernández
February 2003
202 Building Confidence Intervals for the Band-Pass and Hodrick-Prescott Filters: An Application Using Bootstrapping Francisco A. Gallego
Christian A. Johnson
February 2003
201 Dinero e Inflación: ¿En Qué Estamos?
José De Gregorio February 2003
200 Exploring the Implications of Official Dollarization on Macroeconomic Volatility.
Roberto Duncan February 2003
199 Errores de Proyección en Perspectiva Elías Albagli
Gabriela Contreras
Pablo García
Igal Magendzo
Rodrigo Valdés
January 2003
198 Dinero e Inflación en el Marco de Metas de Inflación Pablo García S.
Rodrigo Valdés P
January 2003
197 Efectos de la Nominalización de la Política Monetaria en Chile Rodrigo Fuentes Alejandro Jara
Klaus Schmidt-Hebbel
Matías Tapia
Erika Arraño
January 2003
196 The Role of Foreign Direct Investment and Natural Resources in Economic Development José De Gregorio January 2003