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Intra-Regional Spillovers in South America: Is Brazil Systemic after All?

Author/Editor: Gustavo Adler, Sebastian Sosa.

Release Date: June, 2012

Price: $18.00

Shocks stemming from Brazil - the large neighbor in South America - have historically been a source of concern for policy-makers in other countries of the region. This paper studies the importance of more...

Do Dynamic Provisions Enhance Bank Solvency and Reduce Credit Procyclicality? A Study of the Chilean Banking System

Author/Editor: Jorge A. Chan-Lau.

Release Date: May, 2012

Price: $18.00

Dynamic provisions could help to enhance the solvency of individual banks and reduce procyclicality. Accomplishing these objectives depends on country-specific features of the banking system, more...

Chile : Selected Issues

Release Date: September, 2007

Price: $15.00

This Selected Issues paper analyzes the properties of the fiscal surplus rule, a key pillar of Chile’s macroeconomic framework. The findings suggest that the rule is near the more...