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ISSN 1565-3250
601820 '
www.bankisrael.org.il
©
" ' " ,2014 31
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24 .....................................................................
30 ..................2013 2003 , - : 3-'
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34 ......................................2013 1995 , 2-'
36 ....................................2013 1995 , 3-'
37 ........................................ 2013 1995 , 4-'
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40 .................................................................................... 2013 1995
43 .....................................2013 1995 , 6-'
46 .............................. 2013 1995 , , 7-'
48 ................................2013 1995 , 8-'
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60 .................................................................. 2013 2009 ,
73 ...........................2013 2009 , 2-'
76 .......................................... 2013 2009 , 3-'
78 ...................................... 2013 2009 , 4-'
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89 .............................................2013 ,( )
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114 ...............................................................
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121 .................. 2011 , , 4-'
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125 ....................................................................................2013 2007
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128 .................................................... 2011- 1995- OECD-
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129 ....................................................................................2013 2007
130 ....................2013 4-'
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132 ....................................................................................2013 2007
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Coe, D. T. and E. Helpman (1995), "International R&D Spillovers", European Economic Review,
Vol 39.
Romer, P.M. (1990), "Endogenous Technical Change", Journal of Political Economy, Vol 98.
Griliches, Z. (1988), "Productivity Puzzles and R&D: Another Non-explanation", Journal of
Economic Perspectives, Vol 2.
Guellec, D. and B. P., Potterie (2001), "R&D and Productivity Growth: Panel Data Analysis of 16
OECD Countries", OECD Economic Studies, No. 33.
Nadiri, I. (1993), "Innovations and technological spillovers", NBER Working Paper Series No. 4423.
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Kamil, H., (2008): "Is Central Bank Intervention Effective Under Inflation Targeting Regimes? 16
The Case of Colombia", International Monetary Fund, IMF Working Paper WP/08/88.
Adler, G., Tovar, C. (2011) "Foreign Exchange Intervention: A Shield Against Appreciation Winds?" 17
International Monetary Fund, IMF Working Paper WP/11/165.
Disyatat, P., Galati, G., (2007) "The Effectiveness of Foreign Exchange Intervention in Emerging Market Countries: Evidence from the Czech Koruna" Journal of International Money and Finance 26(3), pp.92-123.
,86 ,"? " :(2013) . , 18
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Flug, K., Shpitzer, A. (2013): "Rethinking Exchange Rate Policy in a Small Open Economy: the 19
Israeli Experience During the Great Recession", BIS Papers NO 73, 189-204.
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. – NAIRU- ,NAIRU – Non-Accelerating Inflation Rate of Unemployment)
Yakhin, Y., Presman, N., : (. 2013. "A Flow-Accounting Model of the Labor Market: An Application to Israel." Bank of Israel,
Elkayam, E., Ilek, A. (2013): "Estimat- : Research Department, Discussion Paper. Forthcoming. ing the NAIRU using Both the Phillips and the Beveridge Curves", Bank of Israel, Research Depart-
ment, Discussion Paper No. 2013.10.
, 38
, . ; "
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: 39
Argov, E., Barnea, A., Binyamini, A., Borenstein, E., Elkayam, D., Rozenshtrom, I., 2012. "A DSGE
Model for Analysis of the Israeli Economy (MOISE)." Bank of Israel, Research Department, Discus-sion Paper No. 2012.06.
, . .
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,"Jensen, M. (1986), "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers
The American Economic Review, Vol. 76, No. 2, 323-329.
Jensen, M. and Meckling, W. (1976), "Theory of the firm: Managerial Behavior, Agency Costs andOwnership Structure, Journal of Financial Economics, Vol. 3, 305-360.
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Bhagwati, J. (1998), "Trade and Wages: a Malign Relationship?" in S. Collins (ed.), Imports, Exports, and the American Worker, Washington, DC: BrookingsInstitution Press.
Bhagwati, J. and V. Dehejia (1994), "Free Trade and Wages of the Unskilled – isMarx Striking Again?" in Bhagwati, J. and M. Kosters (eds.), Trade and Wages:Leveling Wages Down?, Washington, DC: AEI Press.
Barba Navaretti, G., D. Checchi and A. Turrini (2003), "Adjusting Labor Demand:Multinational versus National Firms", Journal of the European EconomicAssociation, 1 (2-3): 708-719.
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Kroft, K., F. Lange, M.J. Notowidigdo and L.F Katz (2013), "Long-Term
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