Research and other papers

Low Interest Rates and Banks’ Interest Margins: Does Deposit Market Concentration Matter?
25/10/2021 | Research carried out at the Bank of Israel examined data on banks worldwide and found that the net interest margin (net interest income as a percentage of earning assets) is positively related to the level of short term interest rates in the economy.
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Reducing the climate footprint of the transportation industry in Israel
19/10/2021 | • The transportation industry is the source of about one quarter of greenhouse gas emissions in Israel, and its share of total emissions is increasing as those from electricity generation are decreasing.
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New Research at the Bank of Israel: Global Warming Effects on Electricity Demand in Israel
06/10/2021 | Given a lack of flexible electricity tariffs, a severe scenario of global warming is expected, by 2050, to increase daily peak electricity demand in the summer months (April–September) by approximately 4 percent
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New research: Arab society in Israel’s high tech sector
04/10/2021 | The share of high-tech employees out of total employees in Arab society is very small. In 2019, it was only 1 percent.
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Employment around retirement age during the COVID-19 crisis and until the end of the second quarter of 2021
03/10/2021 | Employment recovered rapidly following the COVID-19 vaccination campaign that was conducted in the first quarter of 2021.
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New Research Department study: A Structural Investigation of Israeli Labor Market Dynamics
13/09/2021 | New Research Department study: A Structural Investigation of Israeli Labor Market Dynamics
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New Research at the Bank of Israel: Does a Change in an Accounting Standard Affect the Risk-Pricing of a Firm?
25/08/2021 | New Research at the Bank of Israel: Does a Change in an Accounting Standard Affect the Risk-Pricing of a Firm?
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The factors impacting on corporate bond spreads
04/08/2021 | Within the framework of the ongoing follow-up of financial markets’ conduct and of maintaining their stability, the Bank of Israel develops indicators for identifying systemic risks.
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New research: Lowering the Israeli military service exemption age for ultra-Orthodox men and its impact on their labor supply and other outcome variables
07/07/2021 | Research conducted by Avraham Zupnik, of the National Economic Council, and Noam Zussman, of the Bank of Israel’s Research Department, examined, for the first time, the effect that this exemption had on various outcome variables
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The Housing Market in Israel: Long-Run Equilibrium and Short-Run Dynamics
06/06/2021 | The Housing Market in Israel: Long-Run Equilibrium and Short-Run Dynamics
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Industries in which Activity was Severely Adversely Impacted by the COVID-19 Pandemic
25/03/2021 | Box from the Bank of Israel Annual Report for 2020: Industries in which Activity was Severely Adversely Impacted by the COVID-19 Pandemic
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The High Tech Sector in the Shadow of the Coronavirus Crisis
25/03/2021 | Box from the Bank of Israel Annual Report for 2020: The High Tech Sector in the Shadow of the Coronavirus Crisis
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New Research Department study: The effect of the interaction between monetary policy and macroprudential policy on credit—The case of Israel
16/02/2021 | The study found that following that crisis, lowering the interest rate had a marked effect when combined with macroprudential measures, particularly in the housing market.
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Estimating Inflation in Real Time Using Big Data: Fruit and Vegetable Prices
05/01/2021 | The Bank of Israel publishes the fifth and final excerpt from the upcoming “Selected Research and Policy Analysis Notes”: Estimating Inflation in Real Time Using Big Data: Fruit and Vegetable Prices
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Palestinian employment in the Israeli economy during the COVID-19 crisis
29/12/2020 | • Reported Palestinian employment in the Israeli economy declined sharply during the COVID-19 lockdown in the spring of 2020. Between January and April, the number of employee posts held by Palestinians declined by 64 percent (about 68,000 posts).
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The weekly cost to the economy of the start of a third lockdown
25/12/2020 | This short memorandum estimates the cost of entering a third lockdown, based on past experience.
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Reforms to increase labor productivity over time – The school vacation structure in Israel and its ramifications on the labor market
02/12/2020 | Reforms to increase labor productivity over time – The school vacation structure in Israel and its ramifications on the labor market
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Is a low level of public transit service a barrier to working outside the home? Findings from a survey among Arab women
01/12/2020 | Is a low level of public transit service a barrier to working outside the home? Findings from a survey among Arab women
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The Residential Gas Market in Israel—Industry Characteristics, Pricing, and Encouragement of Competition
02/11/2020 | The Residential Gas Market in Israel—Industry Characteristics, Pricing, and Encouragement of Competition
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Analysis by the Bank of Israel’s Research Department:Financing Characteristics of High-Tech Companies in Israel
22/07/2020 | Analysis by the Bank of Israel’s Research Department: Financing Characteristics of High-Tech Companies in Israel
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Bank of Israel Research Department Analysis: Municipal Waste
05/07/2020 | The quantity of municipal waste per capita in Israel is one of the highest among advanced economies, and the recycling rate is among the lowest in those countries.
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New research: Assessing the Effectiveness of Subsidizing Land Development
28/06/2020 | Assessing the Effectiveness of Subsidizing Land Development Expenses in Industrial Areas under the Responsibility of the Ministry of Economy and Industry
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Special analysis by the Bank of Israel Research Department: The education system in Israel
14/06/2020 | Special analysis by the Bank of Israel Research Department: The education system in Israel—remote learning, achievement gaps between Hebrew and Arabic speakers, and who are the students who aspire to be teachers in Israel
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Research Department Special Analysis: An analysis of the adverse impact on households’ employment due to the coronavirus
14/06/2020 | The negative impact on the activity of the principal industries at the peak of the crisis was focused on industries in which there is relatively high self-employment.
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Joint press release: Toward a Carbon Pricing Strategy for Israel
10/06/2020 | Joint press release: Toward a Carbon Pricing Strategy for Israel
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Research Department Analysis : The effect of the Bank of Israel’s intervention in the government bond market
09/06/2020 | Research Department Analysis : The effect of the Bank of Israel’s intervention in the government bond market at the peak of the coronavirus crisis
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New series of research studies on corporate governance
27/05/2020 | New series of research studies on corporate governance: How have the investor protection reforms affected public companies in Israel?
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Special analysis by the Bank of Israel Research Department: Initial economic insights from indices of changes in mobility patterns in Israel
12/05/2020 | Recently, Google and Apple began publishing “Mobility reports” that present changes in mobility patterns among the population
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Bank of Israel Research Department analysis: The residential rental market during the corona crisis
04/05/2020 | Due to the corona crisis and restrictions on movement and employment that were imposed from mid-March 2020, market activity declined
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New research:The Impact of the Earned Income Tax Credit in Israel on the Employment of Its Recipients and Their Spouses
19/02/2020 | The Impact of the Earned Income Tax Credit in Israel on the Employment of Its Recipients and Their Spouses Research by Adi Brender and Michel Strawczynski
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New research:Over-education and Mismatch between Occupation and Major Subject among University and College Graduates
01/01/2020 | Approximately 14 percent of undergraduate degree holders in Israel are employed in situations of over-education (in which the number of years of the employee’s study is greater than the average among those employed in that occupation)
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The impact of raising the official retirement age on the actual retirement date of employees and their spouses
25/12/2019 | • The findings on the interdependencies of raising the official retirement age of spouses on their labor market participation indicate that it is important to analyze the increase in the retirement age in the context of a couple
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Brothers vs. Sisters: The effect of the gender composition on an individual's labor market performance
17/12/2019 | This study examines how the gender of adult siblings affects the wages of workers, and whether this effect is consistent with the parents' country of birth
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Does Location Matter? Evidence on Differential Mortgage Pricing in Israel
10/12/2019 | New Research at the Bank of Israel: Does Location Matter? Evidence on Differential Mortgage Pricing in Israel
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Measuring Communication Quality in the Bank of Israel's Interest Rate Announcements
24/10/2019 | This box is based on a number of indices that have been developed in this research literature, and presents preliminary findings regarding the quality of communication in the Bank of Israel's published interest rate announcements.
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Illegal trade in work permits for Palestinian workers in Israel
25/09/2019 | Illegal trade in work permits for Palestinian workers in Israel: The existing situation and a planned reform
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The gaps in wages, skills, and schooling between Israeli workers and those in the OECD
24/09/2019 | The gaps in wages, skills, and schooling between Israeli workers and those in the OECD: An analysis by wage decile
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Assessing the effectiveness of the "Scientific-Technological Reserves" and "Give Five" programs
23/09/2019 | Assessing the effectiveness of the "Scientific-Technological Reserves" and "Give Five" programs in increasing the share of those taking high levels of math and scientific-technological subjects
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Supply of bus services to Arab localities
22/09/2019 | In the past decade, the quality-of-service gap between Arab and Jewish localities in public transportation (via bus) narrowed, but the trend has not been uniform.
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A new statistical tool (“The Sentiment Index”) converts results of the Business Tendency Survey
09/09/2019 | New Research: A new statistical tool (“The Sentiment Index”) converts results of the Business Tendency Survey into a real time estimate of the GDP growth rate
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