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Book Cover
Author Fischer, Stanley.

Title Israeli inflation from an international perspective / Stanley Fischer and David Orsmond
Published [Washington, D.C.] : International Monetary Fund, Office of the Managing Director, [2000]
Online access available from:
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Description 1 online resource (44 pages) : illustrations
Series IMF working paper ; WP/00/178
IMF working paper ; WP/00/178
Summary Israel's post-stabilization experience of moderate inflation and eventual disinflation is compared with experiences in other countries. Lessons that emerge from an examination of international experiences indicate the importance of establishing early on credibility in the nominal anchor and a commitment to persevere with disinflation policies, achieving and maintaining a tight fiscal position, measures to reduce nominal rigidities, and widespread structural reform. Israel falls short on several criteria which explains why taming inflation in the post-stabilization period has been difficult. The paper concludes with a consideration of institutional arrangements that could sustain the current low inflation levels
Bibliography Includes bibliographical references (pages 42-44)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Comparative economics.
Deflation (Finance) -- Israel.
Fiscal policy -- Israel.
Inflation (Finance) -- Israel.
Form Electronic book
Author Orsmond, David William Harold, 1963-
International Monetary Fund. Office of the Managing Director.
ISBN 1451904304