Judaism is the only world religion to predominate in just a single country, Israel, which also has a widely dispersed diaspora. This paper makes use of this fact to examine the effect of the diaspora on Israel's foreign trade. This paper contributes to the very limited literature which tries to...

Although the effect of uncertainty on economic behavior is of primary concern to both economists and policymakers, its theoretical and empirical treatment in the literature has led to inconclusive results. Indeed, the results of the various empirical studies are highly dependent on the...

The expansionary characteristics of the multi-year fiscal policy in Israel (and especially the share of government spending in the product and the ratios of overall debt and tax burden that were, during the sample period, among the highest in the western world) created many similarities to the...