Karnit Flug Karnit Flug is a Polish-born Israeli economist. She held the position of governor of the Central Bank of Israel between November 2013 and November 2018 . She became the first female governor of the Bank of Israel .grade three times in Global Finance Magazine’s annual Central Banker Report Cards, and was repeatedly considered one of the best bank governors in the world .Biography Karnit Flug graduated with a master's degree in economics from Hebrew University of Jerusalem in 1980, and a PhD in economics at Columbia University in New York City in 1985. She was a member of the Board of Governors of the International Monetary Fund .Published works Karnit Flug, Nitsa Kasir and Ofer Gur, "Absorption of Soviet Immigrants into the Israeli Labor Market: Occupational Substitution and Retention", in: "Immigrants: Liability or Asset? ", Naomi Carmon, p. 279-378, 1993. Karnit Flug and Nitsa Kasir, "Labor Costs in Israeli Industry", Economic Review Karnit Flug and Nitsa Kasir, "" The Economy Quarterly , 1995. Karnit Flug, Nitsa Kasir and Ofer Gur, "The Absorption of Soviet Immigrants into the Labour Market: Aspects of Occupational Substitution and Retention", in: "Russian Jews on Three Continents – Migration and Resettlement Karnit Flug and Nitsa Kasir,"", Israel Economic Review , Vol. 1, p. 55-80, 2003. Karnit Flug and Nitsa Kasir, "", Israel Economic Review , Vol. 4, NO. 1, April, p. 59-110, 2006.
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