A decadeof inflation targeting in Chile: developments, lessons, and challenges
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Date
2002
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Banco Central de Chile
Abstract
Description
In the twentieth century, Chile experienced most monetary and exchange rate regimes. Periods of fixed exchange rates usually ended in speculative attacks as a result of inconsistent policies or significant external shocks, generating serious real costs and larger exchange rate volatility.
Keywords
INFLACIÓN, POLÍTICA MONETARIA, TIPO DE CAMBIO