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

David Fielding

No 00/8, Discussion Papers in Economics from Division of Economics, School of Business, University of Leicester

Abstract: 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.

Keywords: Israel, Saving; Consumption; Political Instability (search for similar items in EconPapers)
JEL-codes: E21 O11 (search for similar items in EconPapers)
Date: 2000-11
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Journal Article: Counting the Cost of the Intifada: Consumption, Saving and Political Instability in Israel (2003)
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