Business cycle responses and the resilience of the chilean economy

After marked fluctuations in the business cycle over the last fifty years, the Chilean economy now appears to be less volatile and more resilient to external shocks. Because Chile is a small and increasingly open economy, analysts have long suspected that the amplitude of the cyclical fluctuations i...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Franken M., Helmut, Le Fort, Guillermo, Parrado, Eric
Formato:	Artículo
Lenguaje:	eng
Publicado:	Banco Central de Chile 2019
Materias:	CICLOS ECONÓMICOS
Acceso en línea:	https://hdl.handle.net/20.500.12580/3708
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai-20.500.12580-3708
record_format	dspace
spelling	oai-20.500.12580-37082021-04-24T10:31:10Z Business cycle responses and the resilience of the chilean economy Franken M., Helmut Le Fort, Guillermo Parrado, Eric CICLOS ECONÓMICOS After marked fluctuations in the business cycle over the last fifty years, the Chilean economy now appears to be less volatile and more resilient to external shocks. Because Chile is a small and increasingly open economy, analysts have long suspected that the amplitude of the cyclical fluctuations in the business cycle is closely related to changes in external conditions. However, many open questions remain in this regard. To what extent are the pronounced output fluctuations associated with ups and downs in external conditions, and to what extent can they be attributed to domestic sources? Are real or financial external shocks the most important source of fluctuations? Has the increasing international integration implied greater synchronization of the domestic cycle with external economic conditions? If so, does this imply greater external vulnerability, or has resilience to external shocks improved somewhat? 2019-11-01T00:03:10Z 2019-11-01T00:03:10Z 2006 Artículo 956-7421-23-4 https://hdl.handle.net/20.500.12580/3708 eng Series on Central Banking, Analysis, and Economic Policies, no. 10 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 71-108 application/pdf CHILE Banco Central de Chile
institution	Banco Mundial
collection	Banco Mundial
language	eng
topic	CICLOS ECONÓMICOS
spellingShingle	CICLOS ECONÓMICOS Franken M., Helmut Le Fort, Guillermo Parrado, Eric Business cycle responses and the resilience of the chilean economy
description	After marked fluctuations in the business cycle over the last fifty years, the Chilean economy now appears to be less volatile and more resilient to external shocks. Because Chile is a small and increasingly open economy, analysts have long suspected that the amplitude of the cyclical fluctuations in the business cycle is closely related to changes in external conditions. However, many open questions remain in this regard. To what extent are the pronounced output fluctuations associated with ups and downs in external conditions, and to what extent can they be attributed to domestic sources? Are real or financial external shocks the most important source of fluctuations? Has the increasing international integration implied greater synchronization of the domestic cycle with external economic conditions? If so, does this imply greater external vulnerability, or has resilience to external shocks improved somewhat?
format	Artículo
author	Franken M., Helmut Le Fort, Guillermo Parrado, Eric
author_facet	Franken M., Helmut Le Fort, Guillermo Parrado, Eric
author_sort	Franken M., Helmut
title	Business cycle responses and the resilience of the chilean economy
title_short	Business cycle responses and the resilience of the chilean economy
title_full	Business cycle responses and the resilience of the chilean economy
title_fullStr	Business cycle responses and the resilience of the chilean economy
title_full_unstemmed	Business cycle responses and the resilience of the chilean economy
title_sort	business cycle responses and the resilience of the chilean economy
publisher	Banco Central de Chile
publishDate	2019
url	https://hdl.handle.net/20.500.12580/3708
work_keys_str_mv	AT frankenmhelmut businesscycleresponsesandtheresilienceofthechileaneconomy AT lefortguillermo businesscycleresponsesandtheresilienceofthechileaneconomy AT parradoeric businesscycleresponsesandtheresilienceofthechileaneconomy
_version_	1718347121315282944

Business cycle responses and the resilience of the chilean economy

Ejemplares similares