Credibility and inflation targeting in Chile

dc.contributor.author	Céspedes, Luis Felipe
dc.contributor.author	Soto, Claudio
dc.coverage.spatial	CHILE	es_ES
dc.date.accessioned	2019-11-01T00:03:35Z
dc.date.available	2019-11-01T00:03:35Z
dc.date.issued	2007
dc.description	After a long history of high and volatile inflation, the Central Bank of Chile began implementing its monetary policy in the early 1990s by announcing yearly targets for inflation. This new framework was the first step toward a full-fledged inflation-targeting setup, although the Central Bank continued to pursue an explicit objective for the exchange rate. One year before the first announced inflation target in 1990, the Central Bank was granted autonomy through a special law that explicitly states that the main objective of monetary policy is to ensure price stability.
dc.file.name	BCCh-sbc-v11-p547_578
dc.format	.pdf
dc.format.extent	Sección o Parte de un Documento
dc.format.medium	p. 547-578
dc.identifier.isbn	978-956-7421-28-2
dc.identifier.uri	https://hdl.handle.net/20.500.12580/3730
dc.language.iso	eng
dc.publisher	Banco Central de Chile
dc.relation.ispartof	Series on Central Banking, Analysis, and Economic Policies, no. 11
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 Chile	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/cl/	*
dc.subject	INFLACIÓN	es_ES
dc.subject	BANCO CENTRAL DE CHILE	es_ES
dc.subject	POLÍTICA MONETARIA	es_ES
dc.subject	PRECIOS	es_ES
dc.title	Credibility and inflation targeting in Chile
dc.type.doc	Artículo

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