La serie de Documentos de Trabajo en versión PDF puede obtenerse gratis en la dirección electrónica: The Working Papers series of the Central Bank of Chile disseminates economic research conducted by Central Bank staff or third parties under the sponsorship of the Bank. The purpose of the series is to contribute to the discussion of relevant issues and develop new analytical or empirical approa...

Ricardo Soto, Broderick Crawford, Boris Almonacid, and Fernando Paredes Ponti0cia Universidad Católica de Valparaı́so, 2362807 Valparaı́so, Chile Universidad Autónoma de Chile, 7500138 Santiago, Chile Universidad Cient́ı0ca del Sur, Lima 18, Peru Universidad Central de Chile, 8370178 Santiago, Chile Universidad San Sebastián, 8420524 Santiago, Chile Universidad Diego Portales, 8370109 Santiago, Chile

1Pontificia Universidad Católica de Valparaı́so, 2362807 Valparaı́so, Chile 2Universidad San Sebastián, 8420524 Santiago, Chile 3Universidad Central de Chile, 8370178 Santiago, Chile 4Universidad Autónoma de Chile, 7500138 Santiago, Chile 5Universidad Cientifica del Sur, Lima 18 Lima, Peru 6Universidad de Playa Ancha, 2360003 Valparaı́so, Chile 7Escuela de Ingenieŕıa Industrial, Universidad Diego ...

Species climate requirements are useful for predicting their geographic distribution. It is often assumed that the niche requirements for invasive plants are conserved during invasion, especially when the invaded regions share similar climate conditions. California and central Chile have a remarkable degree of convergence in their vegetation structure, and a similar Mediterranean climate. Such ...

Along the coast of central Chile, geographic trends of diversity have been inferred from literature compilations and museum collections based on species range limits for some taxonomic groups. However, spatially-intensive fieldbased assessments of macrobenthic species richness are largely missing. Over the course of a multiyear study (1998-2005), we characterized latitudinal patterns of rocky i...

a Facultad de Química y Biología, Departamento de Ciencias del Ambiente, Universidad de Santiago de Chile, Avenida B. O’Higgins 3363, Estación Central, Santiago, CP 9160000, Chile Departamento de Ciencias Químicas, Universidad Andrés Bello, Avenida Concepción, Talcahuano 7100, Concepción, Chile Departamento de Ciencias Químicas, Universidad Andrés Bello, República 237, Santiago, Chile Departame...

Chile, a long and narrow country in South America, is situated between the Andes mountains to the east and the Pacific Ocean to the west. It is bordered by Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the south (Fig. 1). Chilean territory includes the Pacific islands of Juan Fern andez, Salas y G omez, Desventuradas and Easter Island in Oceania. C...

The interaction of a frontal system with the extreme orography of the Andes mountain range is examined for a case of intense precipitation in central Chile during June 2002. The heavy rainfall was associated with a synoptic scale rainband that moved slowly over central Chile during a 48 hour period. Numerical simulations with the WRF mesoscale model show that both the intensification of precipi...

Using plant-level data from Chile’s manufacturing sector for the period 1990-2000, this paper examines the effect of financial development on the probability of exporting at the plant level, with a special focus on the heterogeneous responses of plants with different characteristics. The main results are that an improvement in financial development increases the probability of exporting of more...

We evaluate the ability of a measure of external imbalances that combines the trade and the financial channels to forecast the real effective exchange rate for Chile. By making use of a quarterly database of external assets and liabilities for the period 1983 to 2005, and employing a recently developed test of out-of-sample predictive ability, we show that this measure is able to predict the re...