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The paper opens with a description of the salient features of the Israeli economy. These consist of a large government … indexation of both wages and long term financial commitments. A descriptive model of the economy is then presented, which … includes the particular asset menu of the Israeli economy, and its properties examined. Finally,the rrodel is used in analyzing …
Persistent link: https://www.econbiz.de/10012477909
We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of …
Persistent link: https://www.econbiz.de/10012453031
This paper reviews six English-language books on the economy of Israel. Each book was written or edited by Israelis …, and each is from a different decade. The earliest book, Don Patinkin's The Israel Economy: The First Decade, was written … in the late 1950s, and the most recent volume, The Israeli Economy, 1985 - 1998: From Government Intervention to Market …
Persistent link: https://www.econbiz.de/10012467331
economy that remained a region in a much larger national economy with one that evolved into an independent political unit …
Persistent link: https://www.econbiz.de/10012470310
more than longer time series or special `controlled experiments.' It suggests an historical definition of the economy … structure of the economy. This essay reviews American macroeconomic history to illustrate its potential uses and draw out …
Persistent link: https://www.econbiz.de/10012473969
Herbert Hoover. I develop a theory of labor market failure for the Depression based on Hoover's industrial labor program that provided industry with protection from unions in return for keeping nominal wages fixed. I find that the theory accounts for much of the depth of the Depression and for...
Persistent link: https://www.econbiz.de/10012463362
economy with an unusually large proportion of very old and very large firms with well-defined owners in control. 31 of the 50 …
Persistent link: https://www.econbiz.de/10012468052
This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...
Persistent link: https://www.econbiz.de/10012460992
Policy discussions in Japan have increasingly recognized the important role of land values and land-use patterns in … Japanese macroeconomic adjustment. In Japan in recent years, land wealth constitutes more than half of financial wealth, a …
Persistent link: https://www.econbiz.de/10012476454
structure as contributing factors. This paper contends that the economic structure and policies of Japan have also done much to … contribute to the trade imbalance. Institutional features of Japan's macroeconomy and industrial structure which have promoted … by Japan in causing the bilateral trade imbalance, the next question the paper addresses is how Japan might best act to …
Persistent link: https://www.econbiz.de/10012476958