Productivity Growth and Disinflation in Chile
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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
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美国国家经济研究局创建时间：
2004-03-01
