Fiscal Balance During Inflation, Disinflation, and Immigration : Policy Lessons /

The paper provides an overview of the role of the fiscal imbalances and the ensuing public debt in explaining major episodes in Israel's recent economic developments. The main conclusions from the Israeli budgetary developments may have more general validity: (a) deficits lead to inflation and...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Razin, Assaf
Beste egile batzuk: Sadka, Efraim
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 1996.
Saila:IMF Working Papers; Working Paper ; No. 1996/033
Sarrera elektronikoa:Full text available on IMF