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This paper develops a structural general equilibrium model to analyse the reactions of the nominal exchange rate and the domestic price level to three types of external shock in emerging economies that have limited access to world capital markets. Although the results depend crucially on the type...


García-Solanes, JoséTorrejón-Flores, FernandoExchange-rate variations and the rate of inflation in emerging economies

Este estudio simula los alcances sociales y económicos de implementar la hipoteca inversa en Chile. Usando la Encuesta de Protección Social (EPS, 2009) y metodologías de simulación recientes se analiza el aporte monetario que lleva aparejado la contratación de este instrumento, que consiste en un...


Ruiz, José LuisTapia, PabloDonoso, JoséAlcances sociales y económicos de la implementación de la hipoteca inversa en Chile

By means of a meta-analysis, this article sets out to estimate average values for the income and price elasticities of gasoline demand and to analyse the reasons for the variations in the elasticities reported by the literature. The findings show that there is publication bias, that the volatilit...


Galindo, Luis MiguelSamaniego, JoseluisAlatorre, José EduardoMeta-analysis of the income and price elasticities of gasoline demand: public policy implications for Latin America

This study examines the underinvoicing of exports of copper concentrates and refined copper cathodes from Chile and Peru. A novel methodology, which takes the industry’s standard contractual terms and insurance and freight costs into account, is used to reveal the existence of below-market unit p...


Hanni, MichaelPodestá, AndreaTrade misinvoicing in copper products: a case study of Chile and Peru

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