Estimating Gaps And Trends For The Chilean Economy
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Estimating Potential Output in Chile
| Author | : Patrick Blagrave |
| Publisher | : International Monetary Fund |
| Total Pages | : 32 |
| Release | : 2016-10-14 |
| Genre | : Business & Economics |
| ISBN | : 1475544928 |
Using a multivariate filter, we estimate potential growth rates in Chile’s mining and non-mining sectors. Estimates for the mining sector incorporate information on copper prices, whereas estimates for non-mining reflect information on inflation and unemployment rates. To better understand the drivers of potential growth, we decompose estimates into capital, labor (adjusted for human-capital and hours worked), and total-factor productivity using a production-function. Our estimates of potential output in Chile suggest that an important part of the recent growth slowdown has been structural, with potential-output growth slowing to 21⁄2 percent in recent years, although it plausibly could be higher in the medium-term.
Economic Reforms in Chile
| Author | : R. Ffrench-Davis |
| Publisher | : Springer |
| Total Pages | : 314 |
| Release | : 2015-12-04 |
| Genre | : Business & Economics |
| ISBN | : 0230289657 |
This book provides an in-depth analysis of neo-liberal and progressive economic reforms and policies implemented in Chile since the Pinochet dictatorship. The core thesis of the book is that there is not just 'one Chilean economic model', but that several have been in force since the coup of 1973.
The Chilean Output Gap
| Author | : Leandro Medina |
| Publisher | : International Monetary Fund |
| Total Pages | : 16 |
| Release | : 2011-01-01 |
| Genre | : Business & Economics |
| ISBN | : 145521180X |
This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent in the natural resource sector. The contributions to aggregate potential output growth of the natural resource sector and the non-natural resource sector are estimated, finding that the contribution to growth of the natural resource sector is non-linear-increasing during the 1990s, declining during the 2000s, and turning negative in the mid-2000s-despite the monotonic decrease in the share of natural resource output in aggregate output.
IBSS: Economics: 2002 Vol.51
| Author | : Compiled by the British Library of Political and Economic Science |
| Publisher | : Routledge |
| Total Pages | : 676 |
| Release | : 2013-05-13 |
| Genre | : Business & Economics |
| ISBN | : 1134340028 |
First published in 1952, the International Bibliography of the Social Sciences (anthropology, economics, political science, and sociology) is well established as a major bibliographic reference for students, researchers and librarians in the social sciences worldwide. Key features * Authority: Rigorous standards are applied to make the IBSS the most authoritative selective bibliography ever produced. Articles and books are selected on merit by some of the world's most expert librarians and academics. *Breadth: today the IBSS covers over 2000 journals - more than any other comparable resource. The latest monograph publications are also included. *International Coverage: the IBSS reviews scholarship published in over 30 languages, including publications from Eastern Europe and the developing world. *User friendly organization: all non-English titles are word sections. Extensive author, subject and place name indexes are provided in both English and French. Place your standing order now for the 2003 volumes of the the IBSS Anthropology: 2002 Vol.48 December 2003: 234x156: Hb: 0-415-32634-6: £195.00 Economics: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32635-4: £195.00 Political Science: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32636-2: £195.00 Sociology: 2002 Vol.52 December 2003: 234x156: Hb: 0-415-32637-0: £195.00
General Equilibrium Models for the Chilean Economy
| Author | : Rómulo Chumacero Escudero |
| Publisher | : |
| Total Pages | : 460 |
| Release | : 2005 |
| Genre | : Chile |
| ISBN | : |
Chile
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 58 |
| Release | : 2010-09-29 |
| Genre | : Business & Economics |
| ISBN | : 1455208388 |
The cornerstone of Chile’s impressive fiscal performance and strong fiscal system has been its structural balance rule. It has helped to insulate public spending from copper price cycles and improve the government’s net financial position. Chile should adopt a full-fledged medium-term fiscal framework to improve fiscal planning and provide a framework for addressing temporary deviations from the fiscal rule. Publishing additional fiscal indicators in the budget, such as the non-copper structural balance, could provide more comprehensive information on the impact of fiscal policy on the domestic demand.
Chile's High Growth Economy
| Author | : |
| Publisher | : World Bank Publications |
| Total Pages | : 260 |
| Release | : 2002-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9780821351086 |
Chile has benefited from strong growth and well targeted social programs over recent years that have resulted in a reduction of poverty at all income levels. In analyzing the progress in poverty reduction made in Chile, the different dimensions of poverty, including income and access to social services are reviewed. This World Bank report updates information on development in Chile through a focus on the years 1994 - 1998. It has developed and applied a methodology for the estimate of the imputed income transfers from government subsidies in health, education, and housing for the years 1990, 1994, 1996, and 1998. Access to social services, demonstrated by reduced infant mortality, increased life expectancy, and housing availability, have shown significant improvements in the evaluation period. Despite this achievement, income inequality remains relatively high and unemployment, among younger and poorer workers, is a severe problem.
Chile
| Author | : International Monetary Fund. Fiscal Affairs Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 57 |
| Release | : 2023-07-07 |
| Genre | : Business & Economics |
| ISBN | : |
Chile’s strong fiscal framework has served the country well. The fiscal rule has helped insulate the budgets from volatility in resource prices and economic activity. The sovereign wealth fund (SWF)—the Economic and Social Stabilization Fund (ESSF) and the Pension Reserve Fund (PRF)—was established to encourage savings over time and has provided buffers for stabilizing the economy. During the pandemic, Chile has appropriately used the ESSF to provide swift and impactful support to protect people. Recent efforts to upgrade the fiscal framework— adopt a medium-term fiscal path, formalize a prudent debt ceiling, and introduce an escape clause—can further safeguard fiscal sustainability.
