Bank of Israel
Publications and Data
Papers by Economists in the Research Department
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03.17   Nissan Liviatan - Fiscal Dominance and Monetary Dominance in the Israeli Monetary Experience Abstract PDF file

03.13   Nir Klein - Reputation and Indexation in an Inflation Targeting Framework Abstract PDF file

03.12   Hedva Ber and Yishay Yafeh - Venture Capital Funds and Post-IPO Performance in Booms and Busts: Evidence from Israeli IPO's in the US in the 1990s Abstract PDF file

03.10   Roni Frish - Restricting Capital Outflow - The Political Economy Perspective Abstract PDF file

03.09   Dmitri Romanov - The Real Exchange Rate and the Balassa-Samuelson Hypothesis: An Appraisal of Israel's Case Since 1986 Abstract PDF file

03.07   Nissan L. and R. Frish - Public Debt in a Long Term Discretionary Model Abstract PDF file

03.05   A. Marom, Y. Menashe and T. Suchoy - The State-of-The-Economy Index and The probability of Recession: The Markov Regime-Switching Model Abstract PDF file

03.02   S. Ribon - Is it labor, technology or monetary policy?
The Israeli economy 1989-2002
Abstract PDF file

02.09   R. Frish and N. Klein - Rules versus Discretion - A Disinflation Case Abstract PDF file

02.08   T. Suchoy and A. Friedman - The NAIRU in Israel: an Unobserved Components Approach Abstract PDF file

02.07   Y. Menashe - Investment under Productivity Uncertainty Abstract PDF file

02.04   N. Liviatan - The Money-Injection Function of the Bank of Israel and the Inflation Process Abstract PDF file

02.03   A. Blass, O. Peled and Y. Yafeh - The Determinants of Israel's Cost of Capital: Globalization, Reforms and Politics Abstract PDF file

01.12   D. Romanov and N. Zussman - On the Dark Side of Welfare: Estimation of Welfare Recipients Labor Supply and Fraud Abstract PDF file

01.09   Z. Hercowitz and M. Strawczynski - Cyclical Ratcheting in Government Sp ending: Evidence from the OECD Abstract PDF file

01.06   J. Braude - Generational Conflict? Some Cross-Country Evidence Abstract PDF file

01.04   Y. Lavi and N. Sussman - The Determination of Real Wages in the Long Run and its Changes in the Short Run - Evidence from Israel: 1968-1998 Abstract PDF file

01.03   N. Liviatan - Tight Money and Central Bank Intervention
(A selective analytical survey)
Abstract PDF file

01.01   H. Ber, A Blass and O. Yosha - Monetary Transmission in an Open Economy: The Differential Impact on Exporting and Non-Exporting Firms Abstract PDF file

00.11   Z. Sussman and D. Zakai - From Promoting the Worthy to Promoting All: The Public Sector in Israel 1975-1999 Abstract PDF file

00.10   J. Braude - Age Structure and the Real Exchange Rate. Abstract PDF file

00.09   J. Djivre and S. Ribon - Monetary Policy, the Output Gap and Inflation : A Closer Look at the Monetary Policy Transmission Mechanism in Israel 1989-1999. Abstract PDF file

00.06   J. Djivre and S. Ribon - Inflation, Unemployment, the Exchange Rate and Monetary Policy in Israel 1990-1999: A SVAR Approach. Abstract PDF file

00.04   Y. Menashe and Y. Mealem - Measuring the Output Gap and its Influence on The Import Surplus. Abstract PDF file

00.03   Z. Hercowitz and M. Strawczynski - Public-Debt / Output Guidelines: the Case of Israel. Abstract PDF file

00.01   L. Leiderman and H. Bar-Or - Monetary Policy Rules and Transmission Mechanisms Under Inflation Targeting in Israel. Abstract PDF file

99.05   S. Ribon and O. Yosha - Financial Liberalization and Competition In Banking: An Empirical Investigation. Abstract PDF file

99.04   A. Brender - The Effect of Fiscal Performance on Local Government Election Results in Israel: 1989-1998. Abstract PDF file

98.06   Z. Hercowitz and M. Strawczynski - On the Cyclical Bias in Government Spending.     

98.04   G. Bufman, L. Leiderman - Monetary Policy and Inflation in Israel.     

98.02   A. Blass, Y. Yafeh - Vagabond Shoes Longing to Stray - Why Israeli Firms List in New York - Causes and Implications.     

98.01   N. Liviatan and R. Melnick - Inflation and Disinflation by Steps in Israel     

97.08   A. Blass, Y. Yafeh and O. Yosha - Corporate Governance in an Emerging Market: The Case of Israel.     

97.05   H. Ber, Y. Yafeh and O. Yosha - Conflict of Interest in Universal Banking: Evidence from the Post-Issue Performance of IPO Firms.     

97.02   M. Dahan and M. Strawczynski - The Optimal Non-Linear Income Tax.     

96.10   M. Strawczynski - Social Insurance and The Optimum Piecewise Linear.     

96.09   Y. Lavi and A. Spivak - The Impact of Pension Schemes on Saving in Israel: Empirical Analysis.     

96.05   M. Strawczynski - Precautionary Savings and The Demand for Annuities.     

96.04   Z. Sussman and D. Zakai - The Decentralization of Collective Bargaining and Changes in the Compensation Structure in Israeli`s Public Sector.     

96.03   A. Blass and R. S. Grossman - A Harmful Guarantee? The 1983 Israel Bank Shares Crisis Revisited.     

95.11   A. Arnon and A. Spivak - Monetary Integration Between the Israeli, Jordanian and Palestinian Economies.     

95.08   M. Strawczynski - Capital Accumulation in a Bequest Economy.     

95.06   M. Bruno and R. Melnick - High Inflation Dynamics: Integrating Short-Run Accommodation and Long-Run Steady-States.     

95.04   A. Arnon and A. Spivak - A Seigniorage Perspective on the Introduction of a Palestinian Currency.     

95.02   B. Bar-Nathan, M. Beenstock and Y. Haitovsky - An Econometric Model of The Israeli Housing Market.     

95.01   B. Eden - Optimal Fiscal and Monetary Policy in a Baumol-Tobin Model.     

94.17   O. Yosha - Privatizing Multi-Product Banks.     

94.16   B. Eden - Time Rigidities in The Adjustment of Prices to Monetary Shocks: An Analysis of Micro Data.     

94.13   B. Eden - Inflation and Price Dispersion: An Analysis of Micro Data.     

94.10   Arnon and J. Weinblatt - The Potential for Trade Between Israel, the Palestinians, and Jordan.     

94.09   A. Blass - Are Israeli Stock Prices Too High ?     

94.05   R. Melnick and E. Yashiv - The Macroeconomic Effects of Financial Innovation: The Case of Israel.     

94.04   K. Flug, Z. Hercowitz and A. Levi - A Small-Open-Economy Analysis of Migration.     

94.02   B. Eden - The Adjustment of Prices to Monetary Shocks When Trade is Uncertain and Sequential.     

94.01   R. Ablin - Exchange Rate Systems, Incomes Policy and Stabilization Some Short and Long-Run Considerations.     

93.09   K. Flug, N. Kasir - The Absorption in the Labor Market of Immigrants from the CIS - the Short Run.     

93.07   A.Arnon, D. Gottlieb - An Economic Analysis of the Palestinian Economy: The West Bank and Gaza, 1968-1991.     

93.01   B. Eden - How to Subsidize Education and Achieve Voluntary Integration: An Analysis of Voucher Systems.     

92.13   K. Flug, N. Kasir and G. Ofer - The Absorption of Soviet Immigrants in to the Labor Market from 1990 Onwards: Aspects of Occupational Substitution and Retention.     

92.12   R. Melnick Forecasting Short-Run Business Fluctuations in Israel.     

92.09   R. Melnick - Financial Services, Cointegration and the Demand for Money in Israel.     

92.07   M. Beenstock, Y. Lavi and A. Offenbacher - A Macroeconometric Model for Israel 1962 -1990:A Market Equilibrium Approach to Aggregate Demand and Supply.     

92.06   A. Bregman, M. Fuss and H. Regev - The Production and Cost Structure of the Israeli Industry: Evidence from Individual Firm Data.     

92.05   O. L iviatan - The Impact of Real Shocks on Fiscal Redistribution and Their Long-Term Aftermath.     

92.03   Z. Sussman and D.Zakai - Wage Gaps between Senior and Junior Physicians and Crises in Public Health in Israel, 1974-1990.     

92.02   O. Bar Efrat - Interest Rate Determination and Liberalization of International Capital Movement: Israel 1973 - 1990.     

91.15   M. Beentstock and S. Ribon - The Market for Labor in Israel.     

91.14   A. Bar-Ilan and A. Levy - Endogenous and Exoqenous Restrictions on Search for Employment.     

91.13   A. Marom - The Black-Market Dollar Premium: The Case of Israel.     

91.10   M. Beenstock - Business Sector Production in the Short and Long Run in Israel: A Cointegrated Analysis.     

91.08   R. Ablin - The Current Recession and Steps Required for Sustained Sustained Recovery and Growth.     

91.07   M. Beenstock, Y. Lavi and S. Ribon The Supply and Demand for Exports in Israel.     

91.04   E.K. Offenbacher - Tax Smoothing and Tests of Ricardian Equivalence Israel 1961-1988.     

91.03   M. Sokoler - Seigniorage and Real Rates of Return in a Banking Economy.     

91.01   R. Melnick and Y. Golan - Measurement of Business Fluctuations in Israel.     


     
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