Outside the Band : Depreciation and Inflation Dynamics in Chile

Depreciation and Inflation Dynamics in Chile

Outside the Band : Depreciation and Inflation Dynamics in Chile
This paper examines inflation dynamics in Chile during the last peso depreciation episode 2013-15. The evidence is for substantial pass-through effects to inflation, given the large and persistent depreciation movement. Widespread indexation practices in non-traded goods markets are found to amplify the inflation response to the depreciation,... READ MORE...

Publication date: July 2016
ISBN 9781498350976
$18.00

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