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来源类型Working Paper
规范类型报告
DOI10.3386/w10360
来源IDWorking Paper 10360
Productivity Growth and Disinflation in Chile
Jose De Gregorio
发表日期2004-03-15
出版年2004
语种英语
摘要This paper analyzes the role productivity growth had on disinflation in Chile during the 1990s. It argues that productivity growth was key in avoiding the output costs of stabilization in a highly indexed economy. Disinflation from the early 1990s through 1998 was costless. Among the many external and domestic factors that contributed to good macroeconomic performance, which combined simultaneously very high rates of growth and declining inflation, productivity stands high. The simulations presented in this paper illustrate this point.
主题Macroeconomics ; Business Cycles ; Monetary Policy
URLhttps://www.nber.org/papers/w10360
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/567989
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GB/T 7714
Jose De Gregorio. Productivity Growth and Disinflation in Chile. 2004.
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