Monetary policy in Chile: institutions objectives and instruments

Inflation seemed to be an endemic disease of the Chilean economy for most of the 20th century with its presence being felt even before the creation of the Central Bank in 1925. However things seemed to change drastically in the mid 1990s when the country began to experience a sustained process of co...

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Autores principales: Rosende R., Francisco, Tapia, Matías
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3830
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spelling oai-20.500.12580-38302021-04-24T11:10:41Z Monetary policy in Chile: institutions objectives and instruments Rosende R., Francisco Tapia, Matías POLÍTICA MONETARIA INFLACIÓN BANCO CENTRAL DE CHILE Inflation seemed to be an endemic disease of the Chilean economy for most of the 20th century with its presence being felt even before the creation of the Central Bank in 1925. However things seemed to change drastically in the mid 1990s when the country began to experience a sustained process of convergence toward inflation rates similar to those prevailing in industrialized economies. While convergence has not been completely smooth and inflation concerns managed to get back to the spotlight as recently as 2008 Chile’s long inflationary tradition seems to be a thing of the past and the country now enjoys the benefits of price stability. 2019-11-01T00:06:56Z 2019-11-01T00:06:56Z 2015 Artículo 978-956-7421-48-0 https://hdl.handle.net/20.500.12580/3830 eng Series on Central Banking Analysis and Economic Policies no. 21 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 263-307 application/pdf CHILE Banco Central de Chile
institution Banco Central
collection Banco Central
language eng
topic POLÍTICA MONETARIA
INFLACIÓN
BANCO CENTRAL DE CHILE
spellingShingle POLÍTICA MONETARIA
INFLACIÓN
BANCO CENTRAL DE CHILE
Rosende R., Francisco
Tapia, Matías
Monetary policy in Chile: institutions objectives and instruments
description Inflation seemed to be an endemic disease of the Chilean economy for most of the 20th century with its presence being felt even before the creation of the Central Bank in 1925. However things seemed to change drastically in the mid 1990s when the country began to experience a sustained process of convergence toward inflation rates similar to those prevailing in industrialized economies. While convergence has not been completely smooth and inflation concerns managed to get back to the spotlight as recently as 2008 Chile’s long inflationary tradition seems to be a thing of the past and the country now enjoys the benefits of price stability.
format Artículo
author Rosende R., Francisco
Tapia, Matías
author_facet Rosende R., Francisco
Tapia, Matías
author_sort Rosende R., Francisco
title Monetary policy in Chile: institutions objectives and instruments
title_short Monetary policy in Chile: institutions objectives and instruments
title_full Monetary policy in Chile: institutions objectives and instruments
title_fullStr Monetary policy in Chile: institutions objectives and instruments
title_full_unstemmed Monetary policy in Chile: institutions objectives and instruments
title_sort monetary policy in chile: institutions objectives and instruments
publisher Banco Central de Chile
publishDate 2019
url https://hdl.handle.net/20.500.12580/3830
work_keys_str_mv AT rosenderfrancisco monetarypolicyinchileinstitutionsobjectivesandinstruments
AT tapiamatias monetarypolicyinchileinstitutionsobjectivesandinstruments
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