IMF Staff Country Reports

Israel: Selected Issues and Statistical Appendix

May 11, 2000

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Israel: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2000) accessed November 21, 2024

Summary

The paper suggests that several factors, besides tight monetary policy, may well have contributed to the high real interest rates that have been observed in Israel. The paper examines the impact of unanticipated changes in nominal interest rate monetary policy shocks on a number of variables in Israel. The paper provides evidence that the inflation expectation measure derived from the capital markets tends to overstate the trend in actual inflation. The paper also provides statistical data on the economic indices of Israel.

Subject: Deposit rates, Exchange rates, Financial services, Foreign exchange, Inflation, Inflation targeting, Monetary policy, Prices, Real interest rates

Keywords: Basis point, CR, Deposit rates, Exchange rates, Global, Import price inflation, Inflation, Inflation expectation, Inflation rate, Inflation targeting, Interest rate differential, ISCR, Monetary policy, Policy rule, Rate, Reaction function, Real interest rate, Real interest rates

Publication Details

  • Pages:

    129

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2000/062

  • Stock No:

    1ISREA0022000

  • ISBN:

    9781451819502

  • ISSN:

    1934-7685