Mean reversion in monetary aggregates in Chile
نویسندگان
چکیده
منابع مشابه
Monetary policy independence in Chile
International financial integration and a high co-movement in risk premia have caused long-term interest rates in developing countries to become highly correlated with long-term interest rates in the main financial centres. Arguably, this reveals a limit to monetary policy independence. We analyse the case of Chile since the early 2000s, showing that exchange rate flexibility and inflation cred...
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2020
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036846.2020.1838433