Research papers
Working Papers

The working paper of Central Bank of Chile diffuse economic research essays carried out by Bank professionals or requested to outsiders by the Bank. They series look for contributions to discussing relevant topics and to present new focusses on how to analyze them. Theis purpose is primarily to facilitate the exchange of ideas and to release preliminary economic research results for discussion and commentary.

The publication of working papers is not subject to previous approval by the Central Bank of Chile Board. But the contents of these works as well as the analyses involved are the author(s)´ responsibility and they do not necessarily reflect the Central Bank of Chile´s opinion or that of its Board Members.

Title Authors Date
842 The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy Ernesto Pasten / Raphael Schoenle / Michael Weber September 2019
840 The impact of interest rate ceilings on households’ credit access: evidence from a 2013 Chilean legislation Carlos Madeira September 2019
839 On Corporate Borrowing, Credit Spreads and Economic Activity in Emerging Economies: An Empirical Investigation Julián Caballero / Andrés Fernández / Jongho Park September 2019
838 Adverse selection, loan access and default in the Chilean consumer debt market Carlos Madeira September 2019
837 The Persistent Effect of a Credit Crunch on Output and Productivity: Technical or Allocative Efficiency? Patricio Toro September 2019
836 Sectoral Transitions Between Formal Wage Jobs in Chile Rosario Aldunate / Gabriela Contreras / Matías Tapia August 2019
835 Misallocation or Misspecification? The Effect of “Average” Distortions on TFP Gains Estimations Elías Albagli / Mario Canales / Antonio Martner / Matías Tapia / Juan Wlasiuk June 2019
834 Forecasting Inflation in a Data-Rich Environment: The Benefits of Machine Learning Methods Marcelo Madeiros / Gabriel Vasconcelos / Álvaro Veiga / Eduardo Zilberman May 2019
833 XMas: An extended model for analysis and simulations Banco central de Chile May 2019
832 Extracting Information of the Economic Activity from Business and Consumer Surveys in an Emerging Economy (Chile) Camila Figueroa / Michael Pedersen May 2019