Monetary policy in Chile: a black box?

During the 1990s the Chilean economy gradually cut its inflation rate from figures in the thirties to 4.7 percent in 1998. Central bank authorities have declared that the main objective of monetary policy is to reduce inflation to levels comparableto those in industrial countries. The desgnated inst...

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Autores principales: Cabrera, Ángel, Lagos, Luis Felipe
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3656
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spelling oai-20.500.12580-36562021-04-24T10:58:20Z Monetary policy in Chile: a black box? Cabrera, Ángel Lagos, Luis Felipe POLÍTICA MONETARIA INFLACIÓN BANCOS CENTRALES During the 1990s the Chilean economy gradually cut its inflation rate from figures in the thirties to 4.7 percent in 1998. Central bank authorities have declared that the main objective of monetary policy is to reduce inflation to levels comparableto those in industrial countries. The desgnated instrument of thet monetary policy has been an indexed interest rate, through which the central bank has sought to influnce the path of real market rates over different time horizons. 2019-11-01T00:01:31Z 2019-11-01T00:01:31Z 2002 Artículo 956-7421-099 https://hdl.handle.net/20.500.12580/3656 eng Serieson Central Banking, Analysis, and Economic Policies, no. 4 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 197-245 application/pdf CHILE Banco Central de Chile
institution Banco Central
collection Banco Central
language eng
topic POLÍTICA MONETARIA
INFLACIÓN
BANCOS CENTRALES
spellingShingle POLÍTICA MONETARIA
INFLACIÓN
BANCOS CENTRALES
Cabrera, Ángel
Lagos, Luis Felipe
Monetary policy in Chile: a black box?
description During the 1990s the Chilean economy gradually cut its inflation rate from figures in the thirties to 4.7 percent in 1998. Central bank authorities have declared that the main objective of monetary policy is to reduce inflation to levels comparableto those in industrial countries. The desgnated instrument of thet monetary policy has been an indexed interest rate, through which the central bank has sought to influnce the path of real market rates over different time horizons.
format Artículo
author Cabrera, Ángel
Lagos, Luis Felipe
author_facet Cabrera, Ángel
Lagos, Luis Felipe
author_sort Cabrera, Ángel
title Monetary policy in Chile: a black box?
title_short Monetary policy in Chile: a black box?
title_full Monetary policy in Chile: a black box?
title_fullStr Monetary policy in Chile: a black box?
title_full_unstemmed Monetary policy in Chile: a black box?
title_sort monetary policy in chile: a black box?
publisher Banco Central de Chile
publishDate 2019
url https://hdl.handle.net/20.500.12580/3656
work_keys_str_mv AT cabreraangel monetarypolicyinchileablackbox
AT lagosluisfelipe monetarypolicyinchileablackbox
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