OECD Economic Studies

Frequency :
1609-7491 (online)
0255-0822 (print)
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OECD Economic Studies is the twice-yearly journal of the OECD Economics Department. It features articles in the area of applied macroeconomics and statistical analysis, generally with an international or cross-country dimension. Articles are derived from work of the Organization’s intergovernmental committees, including areas of work outside the Economics Department’s focus. Now published as a part of the OECD Journal.

Also available in: French

Volume 2005, Issue 2 You do not have access to this content

Publication Date :
14 June 2006
Also available in: French

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  14 June 2006 Click to Access:  Policies, Institutions and Fertility Rates
Anna Cristina D’Addio, Marco Mira d’Ercole
Total fertility rates at, or below, replacement level characterise today 64 countries with populations totalling 44% of that of the world. Many of these countries have total fertility rates below 1.5 and some have recorded belowreplacement fertility rates for decades.
  14 June 2006 Click to Access:  Are structural reforms the answer to global current account imbalances?
Mike Kennedy, Torsten Sløk
The impact of structural reforms on external imbalances has attracted considerable attention in view of the existing constellation of relative growth rates and current account balances among OECD economies. Not least among policy makers, what should and can be done to help solve the problem has been discussed extensively.
  14 June 2006 Click to Access:  A comparison of structural productivity levels in the major industrialised countries
Renaud Bourlès, Gilbert Cette
Hourly labour productivity, along with average hours worked, the employment rate and the working-age population as a share of the total population, is one of the accounting aggregates that determine per capita GDP. Yet according to many analyses, hourly labour productivity in several European countries is much the same as or even higher than in the United States, while per capita GDP is markedly lower (see Cette 2004, 2005 for a summary of this work).
  14 June 2006 Click to Access:  Foreign Affiliates in OECD Economies
Chiara Criscuolo
In recent decades, foreign direct investment (FDI) has steadily increased so that foreign owned multinational enterprises (MNEs) now play an important role in the economy of many developed and developing economies. Countries compete with each other to attract FDI because they expect affiliates of foreign MNEs to contribute to the welfare of the host economy through multiple channels. But what precisely is the impact of foreign affiliates on the host country economy?
  14 June 2006 Click to Access:  Sub-central government fiscal rules
Douglas Sutherland, Robert Price, Isabelle Joumard
Rules constraining the discretionary powers of budget policymakers have become widespread among OECD economies, and the expanding role played by decentralised institutions in providing public services has led to their increasing adoption at the sub-central level.
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