From the end of 1989 to 1997, over 710 thousand Russian Jews emigrated to Israel, increasing Israel-s working-age population by 15 percent. This paper argues that a canonical one-sector neoclassical growth model explains both the short run and the medium run response of Israel,s economy to this...

From the end of 1989 to 1997, over 710 thousand Russian Jews emigrated to Israel, increasing Israel-s working-age population by 15 percent. This paper argues that a canonical one-sector neoclassical growth model explains both the short run and the medium run response of Israel,s economy to this...

The transition pattern of post schooling individuals, displaced workers and immigrants to the labor market has similar characteristics. Unemployment falls quickly as workers first find blue-collar jobs, followed by a gradual movement to white-collar occupations. For immigrants the transition...