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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...



Price: $18.00
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...



Price: $18.00
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...



Price: $18.00
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...



Price: $18.00
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