Cover IMF Staff Country Reports
Israel: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 134
Language:
English
Publication Date:
18 Apr 2005
DOI:
https://doi.org/10.5089/9781451819571.002
ISBN:
9781451819571
ISSN:
1934-7685
Pages:
44
Keywords:
ISCR; CR; OECD country; wage; inflation target; inflation-targeting regime; central bank credibility; monetary policy committee; Unemployment; Active labor market policies; Inflation targeting; Inflation; Unemployment rate; Africa; Asia and Pacific; North America
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This Selected Issues paper examines Israel’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 Israel’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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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2005: Issue 134