Arrau, Patricio; Quiroz, Jorge; Chumacero, Rómulo - In: Latin American Journal of Economics-formerly Cuadernos … 29 (1992) 88, pp. 349-386
This paper studies the relationship between the real exchange rate and fiscal savings in Chile from a quantitative perspective. The analysis follows three alternative approaches. First, a simple competitive dynamic model is formulated and calibrated so as