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Counting the Cost of the Intifada: Consumption,Saving and Political Instability in Israel.

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posted on 2009-03-25, 15:55 authored by David Fielding
In this paper we investigate some of the ways in which short-term variations in the magnitude of political instability can impact on macroeconomic performance, taking the example of Israel since 1987. Several indicators of political instability are found to have a significant impact on aggregate consumption and savings, and explain a large part of poor Israeli savings performance over recent years.

History

Publisher

Dept. of Economics, University of Leicester

Available date

2009-03-25

Publisher version

http://www.le.ac.uk/economics/research/discussion/papers2000.html

Book series

Papers in Economics;00/8

Language

en

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