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Three major postwar Chilean stabilization
Government policy variables
5 other sections not shown
adjustment aggregate agriculture average Behrman black market capacity of real capacity utilization capital and labor capital stock Central Bank Chile Chilean economy coefficient coefficients of determination complete model considerable consumption CORFO cost decline determination direct taxes domestic dummy variable economic effects elasticity of substitution exchange rate exports factor foreign exchange foreign sector policies GDP deflator growth rates impact imply imports included income increased indices industry inflation intermediate inputs labor force lagged large-scale mining long-run macroeconomic manufacturing mean monetary base monetary policies money supply national accounts nominal ODEPLAN overvalued percentage physical capital physical capital investment PLD EER price index product price quantitative restrictions rate of change ratio real GDP reflect regime relative prices reserves responses sample period secular trend shift significant significantly non-zero simulations stabilization standard deviation subsection substantial substitution between capital sueldo vital suggest tion unit values Wage share