The evolution of the not‐for‐profit organisation sector in the Israeli economy is described, combining economic theory together with history and ideology to provide a multi‐dimensional explanation of this important phenomenon. Why some activities are performed by ot‐for‐profit...

Considers the importance of private contributions to not‐for‐profit organizations (NPOs) in capitalistic welfare states but notes that the share of national income donated to NPOs is significantly lower in Israel than in the USA. Focuses on donations to NPOs in Israel and provides an...

Variations in the price of land and the intensiveness of its use have been examined in economic literature beginning with Adam Smith and elaborated by Ricardo, Von Thunen, Mills, Muth, Alonso and others. The price of land is most significantly associated with the distance to the Central Business...

Estimates the effect of a minimum wage on the level of employment and on wages in Israeli industry. The findings surprisingly suggest that both labour demand and supply decrease after the institution of a minimum wage. Thus, employment is reduced while wages remain practically unchanged.

A major objective of the Israeli Old Age and Survivors (OAS) programme is focused on: redistribution of income. The effects on income distribution within one generation and across generations are studied. It was found that the programme is very effective. It takes more than 4 per cent of the...

Examines the options for a pension system in Israel in comparison with other pension systems in developed countries. A basic actuarial model is calculated for the evaluation of the feasible funded pensions. For reasonably conservative rates of return and contribution rates a funded system can be...