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Política Monetaria y Movimiento de Capital en Chile

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Listed:
  • Francisco Rosende

    (Instituto de Economía)

Abstract

Similar to other emerging countries, during the first half of the 90s the Chilean economy experienced a sharp increase in capital inflows. This situation was troublesome for the Central Bank, who had to choose between monetary targets and exchange rate ta

Suggested Citation

  • Francisco Rosende, 1996. "Política Monetaria y Movimiento de Capital en Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 33(98), pages 9-46.
  • Handle: RePEc:ioe:cuadec:v:33:y:1996:i:98:p:9-46
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    File URL: http://www.economia.uc.cl/docs/098rosea.pdf
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    References listed on IDEAS

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    3. Francisco Rosende, 1993. "La Autonomía del Banco Central de Chile: Una Evaluación Preliminar," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 30(91), pages 293-326.
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    6. Claessens, Stijn & Dooley, Michael P & Warner, Andrew, 1995. "Portfolio Capital Flows: Hot or Cold?," The World Bank Economic Review, World Bank, vol. 9(1), pages 153-174, January.
    7. Guillermo A. Calvo & Leonardo Leiderman & Carmen M. Reinhart, 1993. "Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors," IMF Staff Papers, Palgrave Macmillan, vol. 40(1), pages 108-151, March.
    8. Jeffrey A. Frankel, 1997. "Sterilization of money inflows: Difficult (Calvo) or Easy (Reisen)?," Estudios de Economia, University of Chile, Department of Economics, vol. 24(2 Year 19), pages 263-285, December.
    9. Sarno,Lucio & Taylor,Mark P., 2003. "The Economics of Exchange Rates," Cambridge Books, Cambridge University Press, number 9780521485845, January.
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    13. Francisco Rosende, 1985. "Tipo de Cambio y Salarios Reales: Consideraciones sobre el Caso Chileno," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 22(67), pages 343-356.
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    Cited by:

    1. Francisco Rosende, 1997. "La Autonomía del Banco Central una Vez Más," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 34(101), pages 3-26.

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