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The failure of shock therapy during the Chilean military dictatorship (1974–1979)
This article analyses Chile’s monetary policy following the 1973 military coup and the failed attempt at nominal stabilization during …
Rodrigo Caputo, Félix Ordóñez
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The failure of shock therapy during the Chilean military dictatorship (1974–1979)
Pension inequality and collective pensions funds: the trade-offs of pension redistribution
This paper evaluates the macroeconomic and welfare impacts of introducing a Collective Defined Contribution (CDC) scheme to reduce …
Rodrigo Caputo, Félix Ordóñez
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Pension inequality and collective pensions funds: the trade-offs of pension redistribution
Wars, cartels and COVID-19: regime switching in commodity prices
Commodity prices are extremely volatile, and volatility itself fluctuates over time. Using data from 1959 to 2022, we estimate a …
Rodrigo Caputo, Félix Ordóñez
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Wars, cartels and COVID-19: regime switching in commodity prices
Wealth dynamics in OLG models with incomplete markets in continuous time
Rodrigo Caputo, Alfonso Irarrazabal, Félix Ordóñez
Oct 15, 2022