Overoptimism boom-bust cycles and monetary policy in small open economies

In the 1990s several emerging market economies such as Chile Mexico and a number of southeast Asian countries displayed episodes of peaking growth rates combined with increasing current account deficits and appreciating currencies which ended with abrupt reversions in capital flows and recessions. I...

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Autores principales: Marfán, Manuel, Medina, Juan Pablo, Soto, Claudio
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3766
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