Israel; Selected Issues

This Selected Issues paper examines Israelâ€™s monetary policy regime with an eye toward developing some understanding of why breaches have been occurring and how to address them. The paper provides a brief history of Israelâ€™s experience with inflation and inflation targeting. It examines several institutional aspects of inflation targeting and compares Israel with other emerging market regimes. Various procedural issues associated with implementing an inflation-targeting regime in Israel are examined. The paper also analyzes active labor market policies in Israel.

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Year of publication:	2005-04-18
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Inflation targeting \| Labor markets \| Selected issues \| inflation \| monetary policy \| central bank \| price stability \| inflation target \| inflation ? targeting \| monetary fund \| real interest rate \| inflation rate \| inflation forecasts \| inflation rates \| inflationary expectations \| real interest rates \| monetary policy rules \| inflation objective \| price level \| inflationary pressures \| aggregate demand \| actual inflation \| lower inflation \| inflation ? targeting regime \| high inflation \| high ? inflation \| monetary aggregates \| monetary aggregate \| monetary policy transmission mechanism \| low inflation \| rational expectations \| forecasting inflation \| real rates \| foreign exchange \| monetary framework \| low ? inflation \| foreign currency \| monetary regime \| measure of inflation \| tight monetary policy

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/134 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005768507