The 2008-09 global financial crisis did not result in the failure of any major financial institution in Israel, but it did reveal vulnerabilities in the non-banking sector . particularly in the corporate-bond market. Conservative regulation of the banking sector helped this segment avoid a...

We review research on the impact of immigration on income distribution, surveying studies from a variety of countries. Immigration may affect the skill composition of a country's residents and also, by changing relative factor supplies, its relative factor prices. As background, we provide...

This article describes how in the middle of the winter of 2010 the “Spring of the Arab Nations” suddenly erupted without any warning all over the Middle East. However, the momentum of the uprisings was impeded rather quickly, and the hopes held out for the “Spring of the Arab Nations”...