The Decline of Traditional Sectors in Israel : The Role of the Exchange Rate and the Minimum Wage /

This paper examines the role of exchange rate appreciation and the minimum wage in the relative decline of traditional sectors in Israel. It finds little evidence to indicate that real exchange rate appreciation is primarily responsible for this decline. Rather, the evidence indicates that slower pr...

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Detalhes bibliográficos
Autor principal: Clifton, Eric
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1998.
Colecção:IMF Working Papers; Working Paper ; No. 1998/167
Acesso em linha:Full text available on IMF