Israel : Background Studies, Information Notes, and Statistical Appendix.

This paper reviews economic developments in Israel during the 1990s. The paper analyzes tax revenue shortfalls in 1995-97. The factors that have contributed to overruns in the budget deficit relative to its targeted level are examined. The analysis indicates that the main difficulty has stemmed from...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1998.
Colecção:IMF Staff Country Reports; Country Report ; No. 1998/028
Acesso em linha:Full text available on IMF
Descrição
Resumo:This paper reviews economic developments in Israel during the 1990s. The paper analyzes tax revenue shortfalls in 1995-97. The factors that have contributed to overruns in the budget deficit relative to its targeted level are examined. The analysis indicates that the main difficulty has stemmed from the revenue side, and details the various areas where problems have occurred. The paper examines whether stable estimating equations for the major tax components can be established. The paper also examines volatility of interest rates in Israel.
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Descrição Física:1 online resource (114 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students