InflaciÃ³n y Tipo de Cambio: Chile 1810-2005
AbstractDuring the last two centuries Chile had three official monetary units of account, where changes from one to the other can be seen as related to price level variations stretching over many years . For description and analysis this prolonged but also highly variable inflation environment will require previous adjustment of time series expressed in current monetary terms. The present document discusses sources and explains the construction of price level indicators stretching over this long time period, both for wholesale and consumer prices. It also refers to exchange rate series and explains how a unique price is obtained in periods of multiple rate policy. Finally, various indicators for the real exchange rate are brought together.
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Bibliographic InfoPaper provided by Instituto de Economia. Pontificia Universidad Católica de Chile. in its series Documentos de Trabajo with number 328.
Date of creation: 2008
Date of revision:
price level indicators; exchange rate series; Chile;
Find related papers by JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- F3 - International Economics - - International Finance
- N00 - Economic History - - General - - - General
- N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-02-09 (All new papers)
- NEP-CBA-2008-02-09 (Central Banking)
- NEP-MAC-2008-02-09 (Macroeconomics)
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