Tales of two recessions in Chile: financial frictions in 1999 and 2009

During 2007-2009 the world underwent a deep economic crisis that has been termed the Great Recession where total output is estimated to have decreased 0.6%. This event has had two salient characteristics: it was a financial shock that originated in advanced economies and in the end most of the econo...

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Autores principales:	Fuentes D., Miguel, Saravia, Diego
Formato:	Artículo
Lenguaje:	eng
Publicado:	Banco Central de Chile 2019
Materias:	CRISIS ECONÓMICA 2008 RECESIONES
Acceso en línea:	https://hdl.handle.net/20.500.12580/3796
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spelling	oai-20.500.12580-37962021-04-24T11:07:18Z Tales of two recessions in Chile: financial frictions in 1999 and 2009 Fuentes D., Miguel Saravia, Diego CRISIS ECONÓMICA 2008 RECESIONES During 2007-2009 the world underwent a deep economic crisis that has been termed the Great Recession where total output is estimated to have decreased 0.6%. This event has had two salient characteristics: it was a financial shock that originated in advanced economies and in the end most of the economies of the world experienced negative rates of economic growth. The nature of the recession has renewed the interest of economists in studying the effects of financial shocks on aggregate economic activity. Understanding the precise mechanisms through which financial shocks spread to the rest of the economy has been at the center of the research agenda. 2019-11-01T00:06:28Z 2019-11-01T00:06:28Z 2014 Artículo 978-956-7421-43-5 https://hdl.handle.net/20.500.12580/3796 eng Series on Central Banking Analysis and Economic Policies no. 18 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 137-163 application/pdf CHILE Banco Central de Chile
institution	Banco Central
collection	Banco Central
language	eng
topic	CRISIS ECONÓMICA 2008 RECESIONES
spellingShingle	CRISIS ECONÓMICA 2008 RECESIONES Fuentes D., Miguel Saravia, Diego Tales of two recessions in Chile: financial frictions in 1999 and 2009
description	During 2007-2009 the world underwent a deep economic crisis that has been termed the Great Recession where total output is estimated to have decreased 0.6%. This event has had two salient characteristics: it was a financial shock that originated in advanced economies and in the end most of the economies of the world experienced negative rates of economic growth. The nature of the recession has renewed the interest of economists in studying the effects of financial shocks on aggregate economic activity. Understanding the precise mechanisms through which financial shocks spread to the rest of the economy has been at the center of the research agenda.
format	Artículo
author	Fuentes D., Miguel Saravia, Diego
author_facet	Fuentes D., Miguel Saravia, Diego
author_sort	Fuentes D., Miguel
title	Tales of two recessions in Chile: financial frictions in 1999 and 2009
title_short	Tales of two recessions in Chile: financial frictions in 1999 and 2009
title_full	Tales of two recessions in Chile: financial frictions in 1999 and 2009
title_fullStr	Tales of two recessions in Chile: financial frictions in 1999 and 2009
title_full_unstemmed	Tales of two recessions in Chile: financial frictions in 1999 and 2009
title_sort	tales of two recessions in chile: financial frictions in 1999 and 2009
publisher	Banco Central de Chile
publishDate	2019
url	https://hdl.handle.net/20.500.12580/3796
work_keys_str_mv	AT fuentesdmiguel talesoftworecessionsinchilefinancialfrictionsin1999and2009 AT saraviadiego talesoftworecessionsinchilefinancialfrictionsin1999and2009
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Tales of two recessions in Chile: financial frictions in 1999 and 2009

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