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Macroeconomic performance before and after disinflation in Israel.

By: Leiderman, Leonardo; Liviatan, Nissan.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1989Subject(s): Economic conditions | Israel -- Inflation. -- Israel -- InflationSummary: This paper reports that Israel's successful 1985 stabilization program brought sharp, immediate disinflation, a private consumption boom, increased economic activity, relatively high real wages and interest rates and a low exchange rate.
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This paper reports that Israel's successful 1985 stabilization program brought sharp, immediate disinflation, a private consumption boom, increased economic activity, relatively high real wages and interest rates and a low exchange rate.

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