Inflation, Unemployment, Openness to International Trade and Income Inequality in Israel between 1967 and 1999
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.
Volume (Year): (2003)
Issue (Month): 18 (December)
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