DOCUMENTOS DE POLÍTICA ECONÓMICA BANCO CENTRAL DE CHILE Inflation Targeting in Chile : Experience and Selected Issues

Abstract

This paper revisits the Chilean experience with Inflation Targeting in the last 16 years with focus on a number of institutional characteristics that have favored or have even been a prerequisite for a good track record of inflation control. It also reviews particular macroeconomic outcomes, including changes in inflation dynamics, and a few selected… (More)

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