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Inflation, Unemployment, Openness to International Trade and Income Inequality in Israel between 1967 and 1999

Author

Listed:
  • Claude Berthomieu

    (University of Nice-Sophia-Antipolis)

  • Joseph Deutsch

    (Bar-Ilan University)

  • Albert Marouani

    (University of Nice-Sophia-Antipolis)

  • Jacques Silber

    (Bar-Ilan University)

Abstract

This paper analyzes the effect on income inequality in Israel of macroeconomic variables, such as inflation and unemployment, and of the degree of openness to international trade. A distinction is made between unexpected and expected inflation. The results of the empirical investigation that covers the 1967-1999 period indicate that the rate of unexpected inflation, the rate of unemployment and the degree of openness to international trade do not affect equally all the income deciles.

Suggested Citation

  • Claude Berthomieu & Joseph Deutsch & Albert Marouani & Jacques Silber, 2003. "Inflation, Unemployment, Openness to International Trade and Income Inequality in Israel between 1967 and 1999," Notas Económicas, Faculty of Economics, University of Coimbra, issue 18, pages 6-17, December.
  • Handle: RePEc:gmf:journl:y:2003:i:18:p:6-17
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