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Persistent link: https://www.econbiz.de/10010430581
representative set of tradable commodities in Chile. We present a simple model that explains inflation divergence across regions in a …
Persistent link: https://www.econbiz.de/10013150053
data of six emerging inflation targeting economies (Turkey, Brazil, the Czech Republic, Chile, Poland, and South Africa …
Persistent link: https://www.econbiz.de/10012548972
We analyse the evolution of inflation in Chile over the last decade and a half through the lenses of the new keynesian … provide an interpretation of the inflation process in Chile. We show that in general terms the evolution of inflation can be …
Persistent link: https://www.econbiz.de/10012979144
Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional … forecasters carried out by the Central Bank of Chile. We consider two episodes of preannounced central bank interventions during …
Persistent link: https://www.econbiz.de/10013059560
Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional … forecasters carried out by the Central Bank of Chile. We consider two episodes of preannounced central bank interventions during … Chile. A daily analysis using break-even inflation rate as a proxy for inflation expectations is roughly consistent with …
Persistent link: https://www.econbiz.de/10013079339
In this paper, we consider whether long-term inflation expectations have become better anchored in Brazil, Chile, and … anchored than in Chile and Mexico …
Persistent link: https://www.econbiz.de/10013027289
We study how carbon pricing has affected inflation ex-post, using dynamic panel estimation of New-Keynesian Phillips curves for 35 OECD economies from 1995 to 2020. As carbon pricing we consider prices of emissions trading systems (ETS) and carbon taxes. We find that an increase in prices of ETS...
Persistent link: https://www.econbiz.de/10013305654
Purpose - This study aims to investigate the determinants of inflation expectations in Colombia through a vector autoregression model with exogenous variables (VAR-X) and uses quarterly data for survey-based inflation expectations and different supply shocks. Design/methodology/approach - We...
Persistent link: https://www.econbiz.de/10015558061
Can monetary policy be used to promote financial stability? We answer this question by estimating the impact of a monetary policy shock on private-sector leverage and the likelihood of a financial crisis. Impulse responses obtained from a panel VAR model of 18 advanced countries suggest that the...
Persistent link: https://www.econbiz.de/10011573161