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Structural Balance Policy in Chile

Author

Listed:
  • Jorge C. Rodriguez

    (Ministry of Finance, Chile)

  • Carla R. Tokman

    (Ministry of Finance, Chile)

  • Alejandra C. Vega

    (Ministry of Finance, Chile)

Abstract

Since 2001, Chile’s fiscal policy has been built on the concept of a central government structural balance. The Fiscal Responsibility Law, approved in 2006, gave legal force to key aspects of the structural surplus and fiscal policy. This article assesses the results of the structural surplus rule in Chile over the past six years.

Suggested Citation

  • Jorge C. Rodriguez & Carla R. Tokman & Alejandra C. Vega, 2007. "Structural Balance Policy in Chile," OECD Journal on Budgeting, OECD Publishing, vol. 7(2), pages 59-92.
    • Handle: RePEc:oec:govkaa:5l4fghlg64br
    DOI: 10.1787/budget-v7-art9-en
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    Cited by:

    1. Arezki, Rabah & Hadri, Kaddour & Loungani, Prakash & Rao, Yao, 2014. "Testing the Prebisch–Singer hypothesis since 1650: Evidence from panel techniques that allow for multiple breaks," Journal of International Money and Finance, Elsevier, vol. 42(C), pages 208-223.

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