Reflections on one year at the bank of israel
By: Stanley Fischer
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 12426; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12426.
Publisher: National Bureau of Economic Research
Published: 2006
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] /
Description: "In this paper I reflect on my first year as Governor of the Bank of Israel, which I joined in May 2005.  I start by describing the current state of the Israeli economy and monetary policy and economic developments during the past year.  I then review a series of issues that have arisen during the past year.  Among them are: the monetary mechanism, which is unusual because exchange rate changes have a very rapid impact on prices; the role of inflation and interest rate expectations in policy decisions; the role of the interest rate gap with the US; the role of the Governor as chief economic adviser to the Government; banking supervision; and management and political issues"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 8/16/2006.

Includes bibliographical references.

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