Working Papers Central Bank of Chile - 2011

Working papers number 604 - 652

Number title Authors date
652 Capital Controls and Foreign Exchange Policy Marcel Fratzscher Diciembre 2011
651 Policy Implications of Using Audits to Detect Bank Insolvencies Jaime Hurtubia
Claudio Sardoni 		Diciembre 2011
650 Self – Employment, Labor Market Rigidities and Unemployment Over the Business Cycle Gonzalo Castex; Miguel Ricaurte December 2011
649 The Risk of Civil Conflicts as a Determinant of Political Institutions Álvaro Aguirre December 2011
648 Propagation of Shocks to Food and Energy Prices: an International Comparison Michael Pedersen December 2011
647 Incertidumbre Global sobre la Economía Chilena Yan Carrière–Swallow
Carlos Medel 		November 2011
646 The Impact of Uncertainty Shocks in Emerging Economies Yan Carrière–Swallow
Luis Felipe Céspedes		 November 2011
645 Crédito, Exceso de toma de Riesgo, Costo de Crédito y ciclo Económico en Chile Carlos J. García
Andrés Sagner		 September 2011
644 Optimal Fiscal Policy in a Small Open Economy with Limited Commitment Sofia Bauducco
Francesco Caprioli		 September 2011
643 Contracting Institutions and Economic Growth Álvaro Aguirre August 2011
642 Dinámica de Precios en Chile: Evidencia con datos de Supermercados Gastón Chaumont
Miguel Fuentes
Felipe Labbé
Alberto Naudon		 August 2011
641 A Reassessment of Flexible Price Evidence Using Scanner Data: Evidence from an Emerging Economy Gastón Chaumont
Miguel Fuentes
Felipe Labbé
Alberto Naudon 		August 2011
640 Copper, the Real Exchange Rate and Macroeconomic Fluctuations in Chile José De Gregorio
Felipe Labbé		 August 2011
639 Credit Contraction and International Trade: Evidence from Chilean Exporters Ari Aisen
Roberto Álvarez
Andrés Sagner
Javier Turén		 August 2011
638 Investment Dynamics in a DSGE Model with Heterogeneous Firms and Corporate Taxation Sergio Salgado I. August 2011
637 Labor Market Dynamics in Chile: the Role of Terms of Trade Shocks Juan Pablo Medina
Alberto Naudon		 August 2011
636 Distribución de la Riqueza, Capital Social y Tasa de Crecimiento. Pablo Filippi August 2011
635 Time – Consistent Bailout Plans Ernesto Pastén July 2011
634 Proyecciones de Inflación con Precios de Frecuencia Mixta: el caso Chileno Juan Sebastian Becerra.
Carlos Saavedra.		 July 2011
633 Long – Term Interest Rate and Fiscal Policy Eduardo López E.
Víctor Riquelme P.
Ercio Muñoz S. 		June 2011
632 Computing Population Weights for the EFH Survey Carlos Madeira June 2011
631 Aplicaciones del Modelo Binomial para el Análisis de Riesgo Rodrigo A. Alfaro.
Andrés Sagner
Carmen G. Silva.		 May 2011
630 Jaque Mate a las Proyecciones de Consenso Pablo Pincheira B.
Nicolás Fernández 		May 2011
629 Risk Premium and Expectations in Higher Education Gonzalo Castex May 2011
628 Fiscal Multipliers and Policy Coordination Gauti B. Eggertsson May 2011
627 Chile’s Fiscal Rule as Social Insurance Eduardo Engel
Christopher Neilson
Rodrigo Valdés		 May 2011
626 Short-Term GDP Forecasting Using Bridge Models: a Case for Chile Marcus Cobb
Gonzalo Echavarría
Pablo Filippi
Macarena García
Carolina Godoy
Wildo González
Carlos Medel
Marcela Urrutia		 May 2011
625 Introducing Financial Assets into Structural Models Jorge Fornero May 2011
624 Procyclicality of Fiscal Policy in Emerging Countries: the Cycle is the Trend Michel Strawczynski
Joseph Zeira		 May 2011
623 Taxes and the Labor Market Tommaso Monacelli
Roberto Perotti
Antonella Trigari		 May 2011
622 Valorización de Fondos Mutuos Monetarios y su Impacto sobre Estabilidad Financiera Luis Antonio Ahumada
Nicolás Álvarez
Diego Saravia		 April 2011
621 Sobre el nivel de reservas internacionales de Chile: análisis a partir de enfoques complementarios Gabriela Contreras
Alejandro Jara
Eduardo Olaberría
Diego Saravia		 March 2011
620 Un Test Conjunto de Superioridad Predictiva para los Pronósticos de Inflación Chilena Pablo Pincheira B. March 2011
619 The Optimal Inflation Tax in the Presence of Imperfect Deposit – Currency Substitution Eduardo Olaberría March 2011
618 El Índice Cartera Vencida como Medida de Riesgo de Crédito: Análisis y Aplicación al Caso de Chile Andrés Sagner March 2011
617 Estimación del Premio por Riesgo en Chile Francisca Lira
Claudia Sotz 		March 2011
616 Uso de la Aproximación TIR/Duración en la Estructura de Tasas: Resultados Cuantitativos Bajo Nelson - Siegel Rodrigo Alfaro
Juan Sebastián 		March 2011
615 Chilean Export Performance: the Rol of Intensive and Extensive Margins Matías Berthelon March 2011
614 Does linearity in the dynamics of inflation gap and unemployment rate matter? Roque Montero February 2011
613 Modeling Copper Price: A Regime-Switching Approach Javier García - Cicco
Roque Montero		 February 2011
612 Tightening Tensions: Fiscal Policy and Civil Unrest in Eleven South American Countries, 1937 - 1995 Joachim Voth February 2011
611 Seigniorage and Distortionary Taxation in a Model with Heterogeneous Agents and Idiosyncratic Uncertainty Sofía Bauducco February 2011
610 Stress Tests for Banking Sector: A Technical Note Rodrigo Alfaro
Andrés Sagner		 February 2011
609 Riding the Roller Coaster: Fiscal Policies of Nonrenewable Resources Exporters in Latin America and the Caribbean Mauricio Villafuerte
Pablo López-Murphy
Rolando Ossowski		 February 2011
608 Floats, Pegs and the Transmission of Fiscal Policy. Giancarlo Corsetti
Keith Kuester
Gernot J. Müller		 February 2011
607 A Bunch of Models, a Bunch of Nulls and Inference About Predictive Ability. Pablo Pincheira January 2011
606 College Risk and Return. Gonzalo Castex January 2011
605 Determinants of Export Diversificationaround the World: 1962 - 2000 Manuel R. Agosin
Roberto Alvarez
Claudio Bravo-Ortega		 January 2011
604 A Solution to Fiscal Procyclicality: the Structural Budget Institutions Pioneered by Chile Jeffrey Frankel January 2011