Hidden Bibliographic Details
| Other authors / contributors: | Sòˆderling, Ludvig, author.
International Monetary Fund, Issuing body.
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| ISBN: | 1280981148
9781280981142
9781452772080
1452772088
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| ISSN: | 2227-8907
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| Notes: | "Prepared by Ludvig Sòˆderling, Brieuc Monfort, and James P. Walsh, Dale Gray, Michael Kumhof, and Douglas Laxton."
"September 2007"--Cover.
"Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country."
Includes bibliographical references.
Print version record.
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| Summary: | This Selected Issues paper analyzes the properties of the fiscal surplus rule, a key pillar of Chile's macroeconomic framework. The findings suggest that the rule is near the volatility-minimizing efficiency frontier. The paper assesses the vulnerability of the Chilean banking system to external and domestic shocks, and examines recent trade performance. The study finds that both exports and imports have been driven predominantly by demand factors. There is also some evidence that trade liberalization has contributed to the recent trade expansion, but exchange rate effects are only found to have a marginal impact.
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| Other form: | Print version: Chile. Washington, D.C. : International Monetary Fund, 2007
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| Standard no.: | 10.5089/9781452772080.002
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