Description

As from issue number 50, the Series of Economic Studies of the Central Bank of Chile will be called Studies in Economic Statistics.

The publication of the national accounts by institutional sector (CNSI) in quarterly frequency, entailed making available to the public a set of statistics that include financial accounts (net acquisition of financial assets and liabilities) and balance sheet by institutional sector, detailed by financial instruments. This allows intersecting monetary and financial statistics, prompting a conceptual reconciliation between the two statistics published by the Central Bank of Chile. In this respect, the instruments making up each monetary aggregate are identified and compared with those that can be derived from the CNSI for equivalent definitions. For this purpose, from–whom-towhom matrices are used as a basic tool for analysis, which make explicit the relationship between issuers and holders of the instruments.