Alternative monetary schemes: a positive evaluation for the chilean peso
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Juan Pablo Medina & Rodrigo O. Valdés, 2002.
"Optimal Monetary Policy Rules under Inflation Range Targeting,"
Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series (ed.),Monetary Policy: Rules and Transmission Mechanisms, edition 1, volume 4, chapter 5, pages 095-116,
Central Bank of Chile.
- Medina, J.P. & Valdes, R., 2000. "Optimal Monetary Policy Rules Under Inflation Range Targeting," Papers 61, Cambridge - Risk, Information & Quantity Signals.
- Juan Pablo Medina & Rodrigo Valdés, 2000. "Optimal Monetary Policy Rules Under Inflation Range Targeting," Working Papers Central Bank of Chile 61, Central Bank of Chile.
- Masson,Paul R. & Taylor,Mark P. (ed.), 1993. "Policy Issues in the Operation of Currency Unions," Cambridge Books, Cambridge University Press, number 9780521434553, September.
- Mark Gertler & Jordi Gali & Richard Clarida, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective,"
Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1661-1707, December.
- Richard Clarida & Jordi Galí & Mark Gertler, 1997. "The science of monetary policy: A new Keynesian perspective," Economics Working Papers 356, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 1999.
- Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," CEPR Discussion Papers 2139, C.E.P.R. Discussion Papers.
- Richard Clarida & Jordi Gali & Mark Gertler, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," NBER Working Papers 7147, National Bureau of Economic Research, Inc.
- Norman Loayza & Humberto Lopez & Angel Ubide, 1999. "Comovement and Macroeconomic Interdependence: Evidence for Latin America, East Asia, and Europe," Working Papers Central Bank of Chile 60, Central Bank of Chile.
- Canzoneri,Matthew B. & Grilli,Vittorio & Masson,Paul R. (ed.), 1992. "Establishing a Central Bank," Cambridge Books, Cambridge University Press, number 9780521420983, September.
- Sarno,Lucio & Taylor,Mark P., 2003.
"The Economics of Exchange Rates,"
Cambridge Books,
Cambridge University Press, number 9780521485845.
- Mark P. Taylor, 1995. "The Economics of Exchange Rates," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 13-47, March.
- Erica Groshen & Mark Schweitzer, 1999.
"Identifying Inflation's Grease and Sand Effects in the Labor Market,"
NBER Chapters, in: The Costs and Benefits of Price Stability, pages 273-314,
National Bureau of Economic Research, Inc.
- Erica L. Groshen & Mark E. Schweitzer, 1997. "Identifying inflation's grease and sand effects in the labor market," Staff Reports 31, Federal Reserve Bank of New York.
- Erica L. Groshen & Mark E. Schweitzer, 1997. "Identifying inflation's grease and sand effects in the labor market," Working Papers (Old Series) 9705, Federal Reserve Bank of Cleveland.
- Erica L. Groshen & Mark E. Schweitzer, 1997. "Identifying Inflation's Grease and Sand Effects in the Labor Market," NBER Working Papers 6061, National Bureau of Economic Research, Inc.
- Bennett T. McCallum, 1999. "Theoretical Issues Pertaining to Monetary Unions," NBER Working Papers 7393, National Bureau of Economic Research, Inc.
- Feldstein, Martin & Horioka, Charles, 1980.
"Domestic Saving and International Capital Flows,"
Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
- Martin Feldstein & Charles Horioka, 1979. "Domestic Savings and International Capital Flows," NBER Working Papers 0310, National Bureau of Economic Research, Inc.
- Shang-Jin Wei, 1996. "Intra-National versus International Trade: How Stubborn are Nations in Global Integration?," NBER Working Papers 5531, National Bureau of Economic Research, Inc.
- Xavier Sala-i-Martin & Jeffrey Sachs, 1991.
"Fiscal Federalism and Optimum Currency Areas: Evidence for Europe From the United States,"
NBER Working Papers
3855, National Bureau of Economic Research, Inc.
- Sachs, Jeffrey & Sala-i-Martin, Xavier, 1992. "Fiscal Federalism and Optimum Currency Areas: Evidence for Europe from the United States," CEPR Discussion Papers 632, C.E.P.R. Discussion Papers.
- Francisco Gallego & Leonardo Hernández & Klaus Schmidt-Hebbel, 1999.
"Capital Controls in Chile: Effective? Efficient?,"
Working Papers Central Bank of Chile
59, Central Bank of Chile.
- Francisco A. Gallego & Leonardo Hernandez & Klaus Schmidt-Hebbel, 2000. "Capital Controls in Chile: Effective? Efficient?," Econometric Society World Congress 2000 Contributed Papers 0330, Econometric Society.
- Mark Gertler & Jordi Gali & Richard Clarida, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective,"
Journal of Economic Literature,
American Economic Association, vol. 37(4), pages 1661-1707, December.
- Richard Clarida & Jordi Galí & Mark Gertler, 1997. "The science of monetary policy: A new Keynesian perspective," Economics Working Papers 356, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 1999.
- Clarida, R. & Gali, J. & Gertler, M., 1999. "The Science of Monetary Policy: A New Keynesian Perspective," Working Papers 99-13, C.V. Starr Center for Applied Economics, New York University.
- Richard Clarida & Jordi Gali & Mark Gertler, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," NBER Working Papers 7147, National Bureau of Economic Research, Inc.
- Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," CEPR Discussion Papers 2139, C.E.P.R. Discussion Papers.
- Michael Sarel, 1996. "Nonlinear Effects of Inflation on Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 43(1), pages 199-215, March.
- Emerson, Michael & Gros, Daniel & Italianer, Alexander & ,, 1992. "One Market, One Money: An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union," OUP Catalogue, Oxford University Press, number 9780198773245.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- repec:wsr:wpaper:y:2010:i:057 is not listed on IDEAS
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Felipe Morandé & Klaus Schmidt-Hebbel, 2000.
"Chile's Peso: Better than (Just) Living with the Dollar?,"
Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 37(110), pages 177-226.
- Felipe Morandé & Klaus Schmidt-Hebbel, 2000. "Chile's Peso: Better Than (Just) Living with the Dollar?," Working Papers Central Bank of Chile 68, Central Bank of Chile.
- Eiji Fujii, 2017.
"Government Size, Trade Openness, and Output Volatility: A Case of fully Integrated Economies,"
Open Economies Review, Springer, vol. 28(4), pages 661-684, September.
- Eiji Fujii, 2015. "Government Size, Trade Openness, and Output Volatility: A Case of Fully Integrated Economies," CESifo Working Paper Series 5563, CESifo.
- Kalemli-Ozcan, Sebnem & Sørensen, Bent E & Yosha, Oved, 2004.
"Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe,"
CEPR Discussion Papers
4463, C.E.P.R. Discussion Papers.
- Sebnem Kalemli-Ozcan & Bent E. Sorensen & Oved Yosha, 2004. "Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe," Working Papers 2004-05, Department of Economics, University of Houston.
- David Hargreaves & C John McDermott, 1999. "Issues relating to optimal currency areas: theory and implications for New Zealand," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 62, September.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán, 2003.
"Insurance Mechanisms against Asymmetric Shocks in a Monetary Union a Proposal with an Application to EMU,"
Recherches économiques de Louvain, De Boeck Université, vol. 69(1), pages 73-96.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán, "undated". "Insurance Mechanisms Against Asymmetric Shocks in a Monetary Union: A Proposal with an Application to EMU," Working Papers on International Economics and Finance 00-08, FEDEA.
- Oscar Bajo-Rubio & Carmen Díaz-Roldán, 2000. "Insurance Mechanisms Against Asymmetric Shocks In A Monetary Union: A Proposal With An Application To Emu," Working Papers 00-08, Asociación Española de Economía y Finanzas Internacionales.
- Oscar BAJO-RUBIO & Carmen DIAZ-ROLDAN, 2003. "Insurance Mechanisms against Asymmetric Shocks in a Monetary Union : a Proposal with an Application to EMU," Discussion Papers (REL - Recherches Economiques de Louvain) 2003013, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- repec:spo:wpmain:info:hdl:2441/765 is not listed on IDEAS
- repec:zbw:bofrdp:1997_008 is not listed on IDEAS
- Wollmershauser, Timo, 2006.
"Should central banks react to exchange rate movements? An analysis of the robustness of simple policy rules under exchange rate uncertainty,"
Journal of Macroeconomics, Elsevier, vol. 28(3), pages 493-519, September.
- Wollmershäuser, Timo, 2006. "Should central banks react to exchange rate movements? An analysis of the robustness of simple policy rules under exchange rate uncertainty," Munich Reprints in Economics 19716, University of Munich, Department of Economics.
- Timo WOLLMERSHAEUSER, 2010. "Should Central Banks React to Exchange Rate Movements? An Analysis of the Robustness of Simple Policy Rules under Exchange Rate Uncertainty," EcoMod2004 330600161, EcoMod.
- Frédéric Zumer & Jacques Mélitz, 2002.
"Partage du risque dans l'Union européenne. Expériences interrégionales et internationales,"
Revue de l'OFCE, Presses de Sciences-Po, vol. 0(5), pages 299-323.
- Frédéric Zumer & Jacques Mélitz, 2002. "Partage du risque dans l'Union européenne : expériences interrégionales et internationales," Post-Print hal-01017839, HAL.
- repec:hal:spmain:info:hdl:2441/5221 is not listed on IDEAS
- Francesco Paolo Mongelli, 2008. "European Economic and Monetary Integration, and the Optimum Currency Area Theory," European Economy - Economic Papers 2008 - 2015 302, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Ricci, Luca Antonio, 2008.
"A Model of an Optimum Currency Area,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 2, pages 1-31.
- Ricci, Luca Antonio, 1996. "A model of an optimum currency area," Discussion Papers, Series II 305, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
- Ricci, Luca Antonio, 2007. "A Model of an Optimum Currency Area," Economics Discussion Papers 2007-45, Kiel Institute for the World Economy (IfW Kiel).
- Mr. Luca A Ricci, 1997. "A Model of an Optimum Currency Area," IMF Working Papers 1997/076, International Monetary Fund.
- Jääskelä, Jarkko, 1997. "Incomplete insurance market and its policy implication within European Monetary Union," Research Discussion Papers 8/1997, Bank of Finland.
- Balli, Faruk & Sorensen, Bent E., 2007. "Risk Sharing among OECD and EU Countries: The Role of Capital Gains, Capital Income, Transfers, and Saving," MPRA Paper 10223, University Library of Munich, Germany.
- repec:spo:wpmain:info:hdl:2441/5221 is not listed on IDEAS
- Frankel, Jeffrey A. & Rose, Andrew K., 1996.
"Economic Structure and the Decision to Adopt a Common Currency,"
Center for International and Development Economics Research (CIDER) Working Papers
233436, University of California-Berkeley, Department of Economics.
- Frankel, J-A & Rose, A-K, 1996. "Economic Structure and the Decision to Adopt a Common Currency," Papers 611, Stockholm - International Economic Studies.
- Jeffrey A. Frankel and Andrew K. Rose., 1996. "Economic Structure and the Decision to Adopt a Common Currency," Center for International and Development Economics Research (CIDER) Working Papers C96-073, University of California at Berkeley.
- Frankel, Jeffrey A. & Rose, Andrew K., 1996. "Economic Structure and the Decision to Adopt a Common Currency," Center for International and Development Economics Research, Working Paper Series qt0bw0h379, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Frankel, Jeffrey A. & Rose, Andrew K., 1997. "Economic Structure and the Decision to Adopt a Common Currency," Seminar Papers 611, Stockholm University, Institute for International Economic Studies.
- repec:hal:wpspec:info:hdl:2441/765 is not listed on IDEAS
- Pablo García & Luis Óscar Herrera & Rodrigo O. Valdés, 2002.
"New Frontiers for Monetary Policy in Chile,"
Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Inflation Targeting: Desing, Performance, Challenges, edition 1, volume 5, chapter 15, pages 627-649,
Central Bank of Chile.
- Pablo S. García & Luis Oscar Herrera & Rodrigo Valdés, 2001. "New Frontiers for Monetary Policy in Chile," Working Papers Central Bank of Chile 125, Central Bank of Chile.
- Zahir Antia & Ramdane Djoudad & Pierre St-Amant, 1999. "Canada’s Exchange Rate Regime and North American Economic Integration: The Role of Risk-Sharing Mechanisms," Staff Working Papers 99-17, Bank of Canada.
- Shaun de Jager & Michael Johnston & Rudi Steinbach, 2015. "A Revised Quarterly Projection Model for South Africa," Working Papers 6839, South African Reserve Bank.
- Philip Arestis & Malcolm Sawyer, 2002.
"Can Monetary Policy Affect The Real Economy?,"
Macroeconomics
0209012, University Library of Munich, Germany.
- Philip Arestis & Malcolm Sawyer, 2002. "Can Monetary Policy Affect The Real Economy?," Economics Working Paper Archive wp_355, Levy Economics Institute.
- Bennett T. Mccallum, 2003.
"Is The Fiscal Theory of the Price Level Learnable?,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(5), pages 634-649, November.
- Bennett T. McCallum, "undated". "Is The Fiscal Theory of the Price Level Learnable?," GSIA Working Papers 2003-24, Carnegie Mellon University, Tepper School of Business.
- Bennett T. McCallum, 2003. "Is the Fiscal Theory of the Price Level Learnable?," NBER Working Papers 9961, National Bureau of Economic Research, Inc.
- Mark P. Taylor & Lucio Sarno, 2001.
"Official Intervention in the Foreign Exchange Market: Is It Effective and, If So, How Does It Work?,"
Journal of Economic Literature, American Economic Association, vol. 39(3), pages 839-868, September.
- Taylor, Mark & Sarno, Lucio, 2001. "Official Intervention in the Foreign Exchange Market: Is It Effective, and, If So, How Does It Work?," CEPR Discussion Papers 2690, C.E.P.R. Discussion Papers.
- repec:hal:spmain:info:hdl:2441/765 is not listed on IDEAS
- Andrew Atkeson & Tamim Bayoumi, 1993. "Do private capital markets insure regional risk? Evidence from the United States and Europe," Open Economies Review, Springer, vol. 4(3), pages 303-324, September.
- Takatoshi Ito & Frederic S. Mishkin, 2006.
"Two Decades of Japanese Monetary Policy and the Deflation Problem,"
NBER Chapters, in: Monetary Policy with Very Low Inflation in the Pacific Rim, pages 131-1997,
National Bureau of Economic Research, Inc.
- Takatoshi Ito & Frederic S. Mishkin, 2004. "Two Decades of Japanese Monetary Policy and the Deflation Problem," NBER Working Papers 10878, National Bureau of Economic Research, Inc.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:chb:bcchec:v:3:y:2000:i:1:p:57-84. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Fredherick Sanllehi (email available below). General contact details of provider: https://edirc.repec.org/data/bccgvcl.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.