We explore the hypothesis that fluctuations in commodity prices are an important driver of
business cycles in small emerging market economies (EMEs). First, we document that …

We construct the first news-based economic uncertainty index for Chile, which allowed us to
rebuild 23 years of the history of economic uncertainty in the country and quantify its impact …

Commodity prices have experienced significant swings over the past two decades. Real
commodity prices have on average more than doubled in the last decade compared to the …

This paper analyzes the macroeconomic effects of commodity price shocks on a commodity
exporting country. In doing so, we use a DSGE model developed to describe the business …

The present paper analyzes how shocks to the copper price affect the economy of Chile, the
world's largest producer of this metal. Chile is an interesting case study, it being an …

This work analyzes and quantifies how the mining sector affects the other macroeconomic
variables in Chile, with special focus on understanding the macroeconomic factors that have …

Abstract The Extended Model for Analysis and Simulations (Xmas) is the Central Bank of
Chile's newest dynamic stochastic general equilibrium (DSGE) model. Designed for …

Este trabalho analisa a influência do recente ciclo de alta dos preços das commodities
sobre a entrada de capital externo no Brasil (exportações, investimentos em carteira e IED) …

En este artículo el principal objetivo es analizar tanto cualitativa como cuantitativamente el
impacto del momento de una reforma tributaria, es decir, el aumento progresivo y avisado …

This book answers these questions by assessing the role of supply side policy interventions
in contributing to a lower inflation regime, increase potential output, increasing the output …