Chilean paper calls on policy-makers to consider source of shocks

Study analyses copper production, prices and activity between 1996 and 2012

Central Bank of Chile
Central Bank of Chile
Photo: Central Bank of Chile/Wikimedia Commons

A rise in the copper price caused by increased demand implies higher inflation rates after a couple of quarters and a "more restrictive monetary policy", finds a working paper published this week by the Central Bank of Chile.

In The impact of commodity price shocks in a major producing economy. The case of copper and Chile, Michael Pedersen analyses global copper production, international copper prices and world activity between 1996 and 2012, studying how copper price shocks affect

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.