Working Papers Central Bank of Chile - 2006

Working papers number 358 - 411

Number title Authors date
411 The China Phenomenon: Price, Quality or Variety? Roberto Álvarez
Sebastián Claro
December 2006
410 Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model Stephanie Schmitt-Grohé Martín Uribe December 2006
409 The Relationship Between Exchange Rates and Inflation Targeting Revisited Sebastian Edwards December 2006
408 Credibility and Inflation Targeting in Chile Luis F. Céspedes
Claudio Soto
December 2006
407 Optimal Inflation Targeting Under Alternative Fiscal Regimes Pierpaolo Benigno
Michael Woodford
December 2006
406 Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets Nicoletta Batini
Douglas Laxton
December 2006
405 Financial Markets Incompleteness and Inequality Over the Life-Cycle Jaime Ruiz-Tagle V. December 2006
404 Does Inflation Targeting Make a Difference? Frederic Mishkin
Klaus Schmidt-Hebbel
December 2006
403 Optimal Inflation Targeting: Further Developments of Inflation Targeting Lars Svensson December 2006
402 New Keynesian Models For Chile During The Inflation Targeting Regime: A Structural Approach Rodrigo Caputo
Felipe Liendo
Juan Pablo Medina
December 2006
401 Transparency, Flexibility, and Inflation Targeting Carl E. Walsh December 2006
400 Inflation Targeting and the Anchoring of Inflation Expectations in the Western Hemisphere Refet S. Gürkaynak
Andrew T. Levin
Andrew N. Marder
Eric T. Swanson
December 2006
399 Inflation Targeting versus Price-Path Targeting: Looking for Improvements Stephen Cecchetti
Stefan Krause
December 2006
398 Inflation Targeting Under Imperfect Knowledge Athanasios Orphanides
John C. Williams
December 2006
397 A Prize Worth Having: The IMF and Price Stability Anne Krueger December 2006
396 Monetary Policy Under Inflation Targeting: An Introduction Frederic S. Mishkin
Klaus Schmidt-Hebbel
December 2006
395 The Backus-Smith Puzzle: The Role of Expectations Luis Opazo December 2006
394 Overshooting Meets Inflation Targeting José De Gregorio
Eric Parrado
December 2006
393 The “Great Moderation” and the Monetary Transmission Mechanism in Chile Cristina Betancour
José De Gregorio
Juan Pablo Medina
December 2006
392 Regularidades Empíricas del Entorno Internacional de la Economía Chilena Carlos García
Patricio Jaramillo
Jorge Selaive
December 2006
391 Convergence and Long Run Uncertainty Pablo Pincheira December 2006
390 The Quest for Price Stability in Central America and the Dominican Republic Luis Jácome
Eric Parrado
December 2006
389 ¿Son Siempre las Universidades la Mejor Opción para un Título Profesional? Evidencia Chilena Patricio Meller
David Rappoport
December 2006
388 Distribution of Assets, Debt, and Income of Chilean Households Paulo Cox
Eric Parrado
Jaime Ruiz-Tagle
December 2006
387 Financial Integration Without the Volatility Ricardo Caballero
Kevin Cowan
December 2006
386 La Información Contenida en los Movimientos de las Tasas Forward en Chile Mauricio Larraín
Fernando Parro
December 2006
385 Spreads Soberanos y Efecto Contagio Álvaro García
Valentina Paredes
December 2006
384 Actividad Especulativa y Precio del Cobre Patricio Jaramillo
Jorge Selaive
December 2006
383 Paths of Development, Specialization, and Natural Resources Abundance Roberto Álvarez
Rodrigo Fuentes
December 2006
382 Forecasting Canadian Time Series With the New-Keynesian Model Ali Dib
Mohamed Gammoudi
Kevin Moran
December 2006
381 An Estimated Stochastic General Equilibrium Model with Partial Dollarization: A Bayesian Approach Paul Castillo
Carlos Montoro
Vicente Tuesta
December 2006
380 Interpreting an Affine Term Structure Model for Chile Marcelo Ochoa December 2006
379 Speculative Currency Attacks: Role of Inconsistent Macroeconomic Policies and Real Exchange Rate Overvaluation Alfredo Pistelli November 2006
378 Conditional Evaluation of Exchange Rate Predictive Ability in Long Run Regressions Pablo Pincheira November 2006
377 Economic Growth in Latin America: From the Disappointment of the Twentieth Century to the Challenges of the Twenty-First José De Gregorio November 2006
376 Shrinkage Based Tests of the Martingale Difference Hypothesis Pablo Pincheira November 2006
375 Real Dollarization, Financial Dollarization, and Monetary Policy Alain Ize
Eric Parrado
October 2006
374 Trade Liberalization, Price Distortions, and Resource Reallocation Roberto Álvarez
Matías Braun
August 2006
373 Openness Can be Good for Growth: The Role of Policy Complementarities Roberto Chang
Linda Kaltani
Norman Loayza
August 2006
372 Market Reforms and Efficiency Gains in Chile Raphael Bergoeing
Andrés Hernando
Andrea Repetto
August 2006
371 Sovereign Debt in the Americas: New Data and Stylized Facts Kevin Cowan
Eduardo Levy-Yeyati
Ugo Panizza
Federico Sturzenegger
August 2006
370 Identifying Fiscal Policy Shocks in Chile and Colombia Jorge E. Restrepo
Hernán Rincón
August 2006
369 Bank Ownership and Lending Behavior Alejandro Micco
Ugo Panizza
July 2006
368 Inflation Targeting in Dollarized Economies Leonardo Leiderman
Rodolfo Maino
Eric Parrado
July 2006
367 El Banco Central de Chile en Comparación con los Bancos Centrales del Mundo Marcelo Ochoa Klaus Schmidt-Hebbel June 2006
366 An Alternative Measure of Core Inflation Michael Pedersen June 2006
365 El Crecimiento Económico de Chile Klaus Schmidt-Hebbel June 2006
364 Metas de Inflación y el Objetivo de Pleno Empleo José De Gregorio May 2006
363 Skill Premium in Chile: Studying the Skill Bias Technical Change Hypothesis in the South Francisco Gallego May 2006
362 Setting the Operational Framework for Producing Inflation Forecasts Jorge Canales-Kriljenko
Turgut Kisinbay
Rodolfo Maino
Eric Parrado
May 2006
361 Estimaciones de NAIRU para Chile Jorge E. Restrepo May 2006
360 Central Bank Independence and Monetary Policymaking Institutions: Past, Present, and Future Alex Cukierman April 2006
359 The Consumption-Real Exchange Rate Anomaly: Non-Traded Goods, Incomplete Markets and Distribution Services. Jorge Selaive
Vicente Tuesta
April 2006
358 Autonomía de Bancos Centrales: La Experiencia Chilena Luis Felipe Céspedes
Rodrigo Valdés
February 2006