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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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Staff Country Reports; Country Report ; No. 1998/028
Online Access:Full text available on IMF
Description
Summary: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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Physical Description:1 online resource (114 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students