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- W2892950143 abstract "Big drivers of domestic inflation, as they formulated in the Phillips Curve, are: (1) The price of imports and the exchange rate; (2) capacity pressures and labor market tightness in the domestic economy; (3) Public expectations about future inflation, future exchange rates, and future foreign prices; and (4) The amount of trading world slack. The level of foreign wages are also important for countries open to labor mobility. The 1990s globalization wave, which Israel was a part of through the integration of its financial sector into the world economy, and the massive immigration, helped Israel’s inflation to converge to the developed countries inflation rates." @default.
- W2892950143 created "2018-10-05" @default.
- W2892950143 creator A5066963893 @default.
- W2892950143 date "2018-01-12" @default.
- W2892950143 modified "2023-09-25" @default.
- W2892950143 title "The Great Moderation and Israel’s Disinflation" @default.
- W2892950143 doi "https://doi.org/10.7551/mitpress/9780262037341.003.0004" @default.
- W2892950143 hasPublicationYear "2018" @default.
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