Series: IMF Working Papers
Author(s): Fabio Comelli , and Esther Perez Ruiz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 November 2016
Keywords: Investment, Exchange rates, Chile, Chile, Copper, Commodity prices, Vector autoregression, Options, copper price, exchange rate
A strand of research documents Chile's copper dependence hence significant exposure to terms of trade shocks. Copper prices' sharp decline and forecast uncertainty since the end of the commodity super-cycle has rek...