Carlos Medel Central Bank of Chile and PUC-Chile   Agustinas 1180 Santiago, Santiago 8340454 Chile   cnmedel@uc.cl   https://www.bcentral.cl/investigadores/carlos-medel           JEL Areas: E3 : Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) C2 : Single Equation Models; Single Variables: General