P.O. Box 780
Jerusalem, 91907
Israel
The Wharton School
3620 Locust Walk
Philadelphia, PA 19104
United States
Bank of Israel
University of Pennsylvania - Finance Department
JEL classification: E44,F3,F31,G15,G23 Exchange Rate Determination, Equity Hedging Channel, Foreign Currency Forward Flows, Order Flow, Limits of Arbitrage, FX Dealers, Forward Exchange Rate, Spot Exchange Rate, Global Stock Prices, Institutional Investors, Granular Instrumental Variable, Bartik Instrument
Exchange, OTC markets, government bonds, liquidity, crisis
JEL classification: E44,F3,G15,G23 LOA-Dependent FX Swap Demand Channel, Cross-Currency Basis, Limits of Arbitrage, Granular Instrumental Variable, Bartik Instrument, Open FX Swap Position, Institutional Investors
Investor sentiment, government bonds, mutual fund flows, break-even inflation
central bank intervention, covered interest parity, exchange rate, expectations, financial frictions, limited risk-bearing capacity, limits of arbitrage
exchange rate, expectations, central bank intervention, Israeli new shekel, reaction function
information barriers, information sharing, banking conglomerates, financial networks, regulatory capacity
Affine term structure models, Inflation-indexed bonds, Israel, Inflation, Monetary policy
Exchange rate, market expectations, central bank intervention, US dollar purchases, reaction function.
JEL classification: E0,F0,F3,G2 Convenience Yield, Monetary Policy Transmission, Covered Interest Parity Arbitrage, Capital Inflow Shock, Foreign Financial Institutions, Policy Interest Rates, Market Interest Rates, Portfolio Rebalancing, Granular Instrumental Variable, Slow-Moving Capital
