Artículo de revista

Spanish Abstract: En los últimos años, las finanzas islámicas han ido penetrando los sistemas financieros de un número creciente de países occidentales, a pesar de un desconocimiento generalizado de los principios que rigen esta forma de hacer finanzas. Con tan solo un 20% del mercado...

This paper presents a brief overview of the current state of financial development in Chile, comparing it with other countries. After providing a short summary of the most important financial reforms of past decades, we highlight the main strengths and weaknesses of Chile’s financial markets....

This paper studies empirically the relation between household economic saving (including durable good purchases) and the business cycle using Chilean data. The data show that the relation between household saving and the business cycle is given by the durable consumption dynamics.Consequently, a...