 | The Chilean Output Gap Author/Editor: Leandro Medina, Nicolas E. Magud. Release Date:January, 2011 This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile more...
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 | Structural Breaks in Fiscal Performance : Did Fiscal Responsibility Laws Have Anything to Do with Them? Author/Editor: Leandro Medina, Carlos Caceres, Ana Corbacho. Release Date:November, 2010 In recent years, many countries have adopted Fiscal Responsibility Laws to strengthen fiscal institutions and promote fiscal discipline in a credible, predictable and transparent manner. Still, more...
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 | The Dynamic Effects of Commodity Prices on Fiscal Performance in Latin America Author/Editor: Leandro Medina. Release Date:August, 2010 The recent boom and bust in commodity prices has raised concerns about the impact of volatile commodity prices on Latin American countries’ fiscal positions. Using a novel quarterly data set-which more...
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 | Current Account Balance Estimates for Emerging Market Economies Author/Editor: Jordi Prat, Leandro Medina, Alun H. Thomas. Release Date:February, 2010 This paper uses a modified version of the methodology used by the IMF's Consultative Group on Exchange Rate Issues (CGER) to calculate equilibrium current account balances (or ?norms?) for a sample more...
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