Verfügbarkeit: The Decline of Traditional Sectors in Israel

The Decline of Traditional Sectors in Israel: The Role of the Exchange Rate and the Minimum Wage

This paper examines the role of exchange rate appreciation and the minimum wage in the relative decline of traditional sectors in Israel. It finds little evidence to indicate that real exchange rate appreciation is primarily responsible for this decline. Rather, the evidence indicates that slower pr...

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1. Verfasser:	Clifton, Eric V. (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1998
Schriftenreihe:	IMF Working Papers Working Paper No. 98/167
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper examines the role of exchange rate appreciation and the minimum wage in the relative decline of traditional sectors in Israel. It finds little evidence to indicate that real exchange rate appreciation is primarily responsible for this decline. Rather, the evidence indicates that slower productivity growth in traditional sectors has led to relatively larger increases in unit labor costs compared with high-tech sectors. Although the links are only indicative, the evidence also suggests that the minimum wage has played a role in the relatively faster growth in unit labor costs
Beschreibung:	1 Online-Ressource (24 p)
ISBN:	1451858159 9781451858150

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spelling	Clifton, Eric V. Verfasser aut The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage Clifton, Eric V Washington, D.C International Monetary Fund 1998 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/167 This paper examines the role of exchange rate appreciation and the minimum wage in the relative decline of traditional sectors in Israel. It finds little evidence to indicate that real exchange rate appreciation is primarily responsible for this decline. Rather, the evidence indicates that slower productivity growth in traditional sectors has led to relatively larger increases in unit labor costs compared with high-tech sectors. Although the links are only indicative, the evidence also suggests that the minimum wage has played a role in the relatively faster growth in unit labor costs Online-Ausg http://elibrary.imf.org/view/IMF001/06868-9781451858150/06868-9781451858150/06868-9781451858150.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Clifton, Eric V. The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage
title	The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage
title_auth	The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage
title_exact_search	The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage
title_exact_search_txtP	The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage
title_full	The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage Clifton, Eric V
title_fullStr	The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage Clifton, Eric V
title_full_unstemmed	The Decline of Traditional Sectors in Israel The Role of the Exchange Rate and the Minimum Wage Clifton, Eric V
title_short	The Decline of Traditional Sectors in Israel
title_sort	the decline of traditional sectors in israel the role of the exchange rate and the minimum wage
title_sub	The Role of the Exchange Rate and the Minimum Wage
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