| ID | 364026 |
| Title Proper | Monetary and exchange rate policy in a portfolio model of the Israeli economy |
| Other Title Information | Discussion Paper Series. Discussion Paper No: 87.07, December 1987 (Draft) |
| Language | ENG |
| Author | Yashiv, Eran |
| Summary / Abstract (Note) | Monetary and exchange rate policy is discussed within the framework of a portfolio model of economy. The model, which stresses the importance of imperfect substitutability between domestic and foreign linked bonds, draws on the Israeli experience of big portfolio shifts between these types of assets and the ensuring high inflation period. |
| `In' analytical Note | In Sussman, Oren: Liberalizing the capital account of the balance of payments: a macroeconomic analysis of the Israeli experience, 1977-1980. [Discussion Paper Series. Discussion Paper No: 87.04, July 1987 (Draft)] Jerusalem. The Maurice Falk Institute for Economic Research in Israel, 1987. |
| Key Words | Exchange Rate Policy - Israel ; Portfolio Model - Israel ; Israeli Economy |