Exchange rate pass|through and inflation targets in Chile

Exchange rate pass-through and inflation targets in Chile - CEPAL

The findings of this study show that exchange rate pass-through to prices, in addition to being sensitive to the inflationary environment, is closely tied to ...

Exchange rate pass-through and inflation targets in Chile

Using quarterly data on the Chilean economy from 1986 to 2009, this article looks at the effect of gradual implementation of an inflation-targeting regime ...

Exchange rate pass-through and inflation targets in Chile - UN iLibrary

Using quarterly data on the Chilean economy from 1986 to 2009, this article looks at the effect of gradual implementation of an ...

Exchange rate pass-through and inflation targets in Chile

The findings of this study show that exchange rate pass-through to prices, in addition to being sensitive to the inflationary environment, is closely tied to ...

PRICE INFLATION AND EXCHANGE RATE PASS-THROUGH IN ...

Orders can be placed by fax: (56-2) 6702231 or e-mail: [email protected]. Page 2. BANCO CENTRAL DE CHILE. CENTRAL BANK OF CHILE. La serie Documentos ...

Price Inflation and Exchange Rate Pass-Through in Chile

The equation is used to generate out-of-sample inflation forecast, of a narrower-than the-CPI price index. We can conclude from the estimation results: i) ...

Working Papers N° 747: Exchange Rate Pass-Through to Prices

Models were estimated using monthly data for Chile from January 1987 to December 2013. Average pass-through ratio to total CPI is estimated to be between 0.1 ...

Chile's Experience with Inflation Targeting in - IMF eLibrary

The interpretation of the price stability mandate was announced publicly on September 2, 1999, establishing the range of 2 percent to 4 percent as the target ...

Flexible Exchange Rate with Inflation Targeting in Chile - Publications

... exchange rate regimes. Important progress in derivatives market deepening, as well in a lower pass-through from the exchange rate to inflation, have ...

Exchange Rate Policy in Chile - King Center on Global Development

With the adoption of an inflation targeting monetary scheme in the early 1990s, right when capital inflows vigorously resumed, it soon became apparent that the ...

Exchange rate pass-through and inflation targets in Chile

Using quarterly data on the Chilean economy from 1986 to 2009, this article looks at the effect of gradual implementation of an ...

Chile's Experience with Inflation Targeting - IMF eLibrary

estimation of key parameters such as the size of the exchange rate pass through or the weight of labor unit costs. Apart from these tariffs, other prices ...

Price Inflation and Exchange Rate Pass-Trough in Chile

The equation is used to generate out-of-sample inflation forecast, of a narrower-than the-CPI price index. We can conclude from the estimation results: i) ...

Chapter 3 Inflation targeting in Chile: Experience and selected issues

Given the date of announcements and the focus of the inflation target on the rate prevailing in December of the coming year, the average duration of the targets ...

Price inflation and exchange rate pass-through in Chile - EconBiz

Price inflation and exchange rate pass-through in Chile ; Extent: 20 S · graph. Darst ; Series: Documentos de trabajo / Banco Central de Chile. - Santiago, ZDB-ID ...

Flexible Exchange Rate with Inflation Targeting in Chile - Publications

A credible commitment with the inflation target would have reduced exchange rate pass-through to prices (see Campa and Goldberg 2001; Choudhri and Hakura ...

Conditional exchange rate pass-through and monetary policy ...

In the case of Chile, the inflation target has remained in 3% throughout the entire sample period. Hence, one would expect medium-term inflation expectations in ...

Monetary policy in Chile: combining theory, evidence and experience

As discussed earlier, the credibility of the inflation target played a key role, reducing the pass- through from the exchange rate to inflation and allowing for ...

(PDF) Inflation targeting in Chile - ResearchGate

Chile was the second country in the world to adopt inflation targeting (IT), setting its first annual target in September 1990.

The evolution of inflation in Chile since 2000

inflation targeting (IT) framework, including a free floating exchange rate ... It is true that the exchange rate pass-through is lower today than ...