Chile's Structural Fiscal Surplus Rule : A Model-Based Evaluation /

The paper analyzes Chile's structural balance fiscal rule in the face of copper price shocks originating in foreign copper demand. It uses a version of the IMF's Global Integrated Monetary and Fiscal Model (GIMF) that includes a copper sector. Two results are obtained. First, Chile's...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Kumhof, Michael
Andere auteurs: Laxton, Douglas
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2009.
Reeks:IMF Working Papers; Working Paper ; No. 2009/088
Online toegang:Full text available on IMF