OECD Economics Department Working Papers

Women's Role in the Swiss Economy
ISSN :
1815-1973 (online)
DOI :
10.1787/18151973
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Working papers from the Economics Department of the OECD that cover the full range of the Department’s work including the economic situation, policy analysis and projections; fiscal policy, public expenditure and taxation; and structural issues including ageing, growth and productivity, migration, environment, human capital, housing, trade and investment, labour markets, regulatory reform, competition, health, and other issues.

The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.

 
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Page: 1 (N° 1144) , 2 (N° 1091) , 3 (N° 1041) … 23 (N° 39) | Next
Mark Number Date TitleClick to Access
  N° 1144   15 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz123dzstkb.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/women-s-role-in-the-swiss-economy_5jz123dzstkb-en
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Women's Role in the Swiss Economy
Richard Dutu
Swiss women are now as well educated as their male counterparts. However, progress remains to be made in the job market where both the supply and price of female labour are below that of men. While the participation rate for women is high and rising, it is offset by a heavy incidence of...
  N° 1143   15 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz123fgkxjl.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/overcoming-skills-shortages-in-canada_5jz123fgkxjl-en
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Overcoming Skills Shortages in Canada
David Carey
Skills shortages have developed in certain fields and regions in recent years. Earnings premiums for people in some professions, notably health, engineering and skilled trades have increased. And vacancy rates have risen for skilled trades, with the increase being particularly large in Alberta...
  N° 1141   15 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz123g0f5lp.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-demand-for-skills-1995-2008_5jz123g0f5lp-en
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The Demand for Skills 1995-2008
Bart Los, Marcel P. Timmer, Gaaitzen J. De Vries
We propose a new method to analyse the changing skills structure of employment in countries based on the input-output structure of the world economy. Demand for jobs, characterized by skill type and industry of employment, is driven by changes in technology, trade and consumption. Using...
  N° 1140   17 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz123h8nd7l.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/international-migration-the-relationship-with-economic-and-policy-factors-in-the-home-and-destination-country_5jz123h8nd7l-en
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International Migration: The Relationship with Economic and Policy Factors in the Home and Destination Country
Ben Westmore
Unfavourable demographic trends in many OECD countries threaten the sustainability of potential labour resources, GDP growth and fiscal positions. One factor that is expected to mitigate these trends is continued inflows of migrant workers from low income economies. However, a rapid catch-up in...
  N° 1139   15 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz123k7s8bv.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/gross-earning-inequalities-in-oecd-countries-and-major-non-member-economies_5jz123k7s8bv-en
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Gross Earning Inequalities in OECD Countries and Major Non-member Economies
Henrik Braconier, Jenifer Ruiz-Valenzuela
Income and earning inequality has been on the rise in most of the OECD and in many emerging economies since the 1980s. This paper estimates a model of earnings inequality across OECD countries that incorporates determinants of relative demand and supply of more and less-skilled labour. Drawing...
  N° 1136   04 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz158tbddbr.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/long-term-patterns-of-trade-and-specialisation_5jz158tbddbr-en
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Long-term Patterns of Trade and Specialisation
Åsa Johansson, Eduardo Olaberria
This paper presents descriptive evidence of specialisation trends and investigates empirically their causes and consequences, analysing the role of policies in this process. Then, based on the insights from the backward looking analysis, it draws global trade and specialisation scenarios up to...
  N° 1135   30 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2bxb8kmf3.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/consequences-of-climate-change-damages-for-economic-growth_5jz2bxb8kmf3-en
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Consequences of Climate Change Damages for Economic Growth
Rob Dellink, Elisa Lanzi, Jean Chateau, Francesco Bosello, Ramiro Parrado, Kelly de Bruin
This report focuses on the effects of climate change impacts on economic growth. Simulations with the OECD’s dynamic global general equilibrium model ENV-Linkages assess the consequences of a selected number of climate change impacts in the various world regions at the macroeconomic and...
  N° 1134   03 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz158w3ghmx.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/comparing-the-robustness-of-payg-pension-schemes_5jz158w3ghmx-en
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Comparing the Robustness of PAYG Pension Schemes
Falilou Fall
This paper provides a framework for comparing a defined benefit (DB) and a defined contribution (DC) point schemes, which are both pay-as-you go (PAYG) financed. Two stylised PAYG pension schemes are modelled and simulated to compare their robustness to shocks. The same demographic...
  N° 1133   03 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz1591prxth.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/overcoming-vulnerabilities-of-pension-systems_5jz1591prxth-en
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Overcoming Vulnerabilities of Pension Systems
Falilou Fall, Debra Bloch
Demographic developments are unfavourable for the financing of pension schemes in most OECD countries, implying continued growth in pension expenditure in virtually all OECD countries. This paper examines the vulnerability of pension systems, with an emphasis on financial sustainability and...
  N° 1132   03 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz159228n6j.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/overcoming-vulnerabilities-of-health-care-systems_5jz159228n6j-en
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Overcoming Vulnerabilities of Health Care Systems
Mauro Pisu
This paper investigates the vulnerabilities of health care systems in OECD and BRIICS countries to adverse secular trends and large macroeconomic shocks. It identifies policies that can ally vulnerabilities considering the institutional setting of health care systems, such as the public-private...
  N° 1131   03 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz1592jj48r.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/overcoming-vulnerability-of-unemployment-insurance-schemes_5jz1592jj48r-en
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Overcoming Vulnerability of Unemployment Insurance Schemes
Jon Kristian Pareliussen
Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It is a volatile spending item by design, which can lead to vulnerabilities. This paper explores various shocks and sources of vulnerability of the unemployment insurance schemes...
  N° 1130   03 July 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz1592t3646.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/vulnerability-of-social-institutions_5jz1592t3646-en
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Vulnerability of Social Institutions
Falilou Fall, Mauro Pisu, Jon Kristian Pareliussen, Debra Bloch
The recent economic crisis has provided a stress test for the vulnerability of social institutions. This paper assesses the vulnerability of social institutions in light of the current crisis, and surveys past episodes, when social institutions faced similar challenges. Public pay-as-you-go...
  N° 1129   23 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2bxbkrxmv.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/an-update-of-the-oecd-international-trade-equations_5jz2bxbkrxmv-en
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An Update of the OECD International Trade Equations
Myriam Morin, Cyrille Schwellnus
This paper provides a detailed description of recent research to re-estimate and re-specify the international trade volume and price equations that are used in the OECD Economics Department to analyse and project international trade developments. The set of countries covered by the estimations...
  N° 1128   18 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2hz3tm6vj.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/what-explains-the-volume-and-composition-of-trade_5jz2hz3tm6vj-en
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What Explains the Volume and Composition of Trade?
Åsa Johansson, Przemyslaw Kowalski, Eduardo Olaberría, Dario Pellegrino
This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners’ factor endowments...
  N° 1127   17 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2lpmk0gs6.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/do-resources-flow-to-patenting-firms_5jz2lpmk0gs6-en
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Do Resources Flow to Patenting Firms?
Dan Andrews, Chiara Criscuolo, Carlo Menon
This paper exploits longitudinal data on firm performance and patenting activity for 23 OECD countries over the period 2003-2010 to explore the extent to which changes in the patent stock are associated with flows of capital and labour to patenting firms. While the finding that patenting is...
  N° 1126   11 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2mm2vbhjk.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/macroprudential-policy-tools-in-norway_5jz2mm2vbhjk-en
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Macroprudential Policy Tools in Norway
Yosuke Jin, Patrick Lenain, Paul O'Brien
In Norway house prices have risen to high levels, associated with very strong credit growth, in a context of low interest rates. Such a combination was in many countries a contributory factor to the 2008- 09 crisis. The Norwegian authorities have been well aware of the problem. Below-target...
  N° 1125   04 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2pwzpzvkg.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/strengthening-competition-in-poland_5jz2pwzpzvkg-en
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Strengthening Competition in Poland
Balázs Égert, Antoine Goujard
Poland’s productivity has grown strongly over the past decade, and efforts to reduce the regulatory burden have been significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly due to the importance of red tape and the level of...
  N° 1124   04 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2pwf4wd41.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/making-the-labour-market-work-better-in-poland_5jz2pwf4wd41-en
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Making the Labour Market Work Better in Poland
Hervé Boulhol
Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour utilisation is...
  N° 1123   04 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2pwfr0nzq.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-competition-and-the-business-environment-in-hungary_5jz2pwfr0nzq-en
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Enhancing Competition and the Business Environment in Hungary
Alvaro Pina
Over the past decade, the growth potential of the Hungarian economy has declined substantially. Trend productivity has ceased to increase, and investment has fallen to historically low levels. To an important extent, the explanation lies in a business environment characterised by high...
  N° 1122   04 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2px6jtpmt.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/tackling-labour-mismatches-and-promoting-mobility-in-hungary_5jz2px6jtpmt-en
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Tackling Labour Mismatches and Promoting Mobility in Hungary
Stéphane Sorbe
Significant labour market mismatches and insufficient mobility penalise employment and productivity. Mismatches have above all a skills dimension, with an excess of low-skilled workers and a possible lack of skilled workers in certain domains. Reducing the high tax wedge on low salaries and...
  N° 1121   03 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2qt0zj024.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/local-public-finances-and-municipal-reform-in-finland_5jz2qt0zj024-en
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Local Public Finances and Municipal Reform in Finland
Christophe André, Clara García
Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
  N° 1120   03 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2qt1dtnlt.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-economic-consequences-of-ageing-the-case-of-finland_5jz2qt1dtnlt-en
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The Economic Consequences of Ageing: The Case of Finland
Christine de la Maisonneuve, Christophe André, Clara García, Vincent Koen
Finland’s population is set to age rapidly in the coming decades. This will put pressure on public finances, while shrinking labour resources. Nonetheless, solutions exist to alleviate those pressures. Adjusting the pension age in line with the rise in life expectancy would reduce pension costs...
  N° 1119   03 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2qt4crff8.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/making-the-most-of-skills-in-denmark_5jz2qt4crff8-en
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Making the Most of Skills in Denmark
Stéphanie Jamet, Vincent Koen
Surveys suggest that Denmark ranks close to or slightly above the OECD average in terms of student and adult skills, even though Denmark spends more than many OECD countries on education, labour market policies and adult learning. Sluggish productivity growth over the past two decades raises...
  N° 1118   03 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2qt5h7m6g.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/trade-specialisation-and-policies-to-foster-competition-and-innovation-in-denmark_5jz2qt5h7m6g-en
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Trade Specialisation and Policies to Foster Competition and Innovation in Denmark
Muge Adalet McGowan
Danish productivity has grown only weakly over the past two decades, both historically and in relation to other countries, despite sound policies and institutions. At the same time, the country has lost export market shares. Denmark needs to continue its efforts to reap the benefits of...
  N° 1117   02 June 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz2r9j3f0r6.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/policies-for-making-the-chilean-labour-market-more-inclusive_5jz2r9j3f0r6-en
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Policies for Making the Chilean Labour Market More Inclusive
Aida Caldera Sánchez
Economic growth and recent policy reforms have increased employment and reduced overall poverty in Chile. Yet there are some groups that remain at the margins of the labour market and could benefit from and contribute more to growth. Women and young people have entered the labour force in...
  N° 1116   19 May 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz417mb6dzp.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/spillover-effects-from-exiting-highly-expansionary-monetary-policies_5jz417mb6dzp-en
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Spillover Effects from Exiting Highly Expansionary Monetary Policies
Łukasz Rawdanowicz, Romain Bouis, Jérôme Brezillon, Ane Kathrine Christensen, Kei-Ichiro Inaba
The prospective normalisation of monetary policies in the main OECD areas will be challenging given that current policy rates are likely to be significantly below neutral levels and that central bank balance sheets will be above the pre-crisis levels by a wide margin. Monetary policy...
  N° 1115   15 May 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz417mn2443.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/economic-policies-and-microeconomic-stability_5jz417mn2443-en
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Economic Policies and Microeconomic Stability
Paula Garda, Volker Ziemann
The decline in macroeconomic volatility from the 1980s to the onset of the Great Recession did not, in general, translate into more microeconomic stability. While microeconomic volatility can reflect growth-generating processes, such as creative destruction and re-allocation of resources,...
  N° 1114   14 Apr 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz5j1sltwtb.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/how-to-improve-israel-s-health-care-system_5jz5j1sltwtb-en
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How to Improve Israel's Health-care System
Philip Hemmings
Israelis enjoy higher life expectancy and have a much younger demographic profile than most OECD countries. However, the demand for health care is expanding rapidly due to population growth and ageing. Also, the country’s wide socio-economic divides are reflected in differences in health...
  N° 1113   23 Apr 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz5j1t07vs0.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/how-to-improve-taxes-and-transfers-in-israel_5jz5j1t07vs0-en
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How to Improve Taxes and Transfers in Israel
Philip Hemmings
Ensuring tax and transfer systems bring sufficient revenue to reach macroeconomic fiscal targets, address societal goals in re-distribution and social welfare, recognise the influence taxation has on businesses’ competitiveness and adequately address environmental externalities is a tough...
  N° 1112   18 Apr 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz5m893txq2.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/new-evidence-on-the-determinants-of-industrial-specialisation_5jz5m893txq2-en
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New Evidence on the Determinants of Industrial Specialisation
Åsa Johansson, Eduardo Olaberria
Industrial specialization has important implications for economic performance; therefore, understanding its determinants is of key policy relevance. This paper quantifies the relationship between factor endowments, policies and institutions and patterns of industrial specialisation in...
  N° 1111   14 Apr 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz5m89dh0nt.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/economic-growth-from-the-household-perspective_5jz5m89dh0nt-en
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Economic Growth from the Household Perspective
Orsetta Causa, Sonia Araujo, Agnès Cavaciuti, Nicolas Ruiz, Zuzana Smidova
This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...
  N° 1110   17 Apr 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz5m89p82d8.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/would-a-growth-slowdown-in-emerging-markets-spill-over-to-high-income-countries_5jz5m89p82d8-en
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Would a Growth Slowdown in Emerging Markets Spill Over to High-income Countries?
Patrice Ollivaud, Elena Rusticelli, Cyrille Schwellnus
Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances make some EMEs vulnerable to sudden reversals in capital...
  N° 1109   31 Mar 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz5t6b77rg4.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/short-term-indicator-models-for-quarterly-gdp-growth-in-the-briics_5jz5t6b77rg4-en
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Short-term Indicator Models for Quarterly GDP Growth in the BRIICS
Thomas Chalaux, Cyrille Schwellnus
This paper extends the OECD Economics Department’s suite of short-term indicator models for quarterly GDP growth, which currently cover only the G7 countries, to the BRIICS countries. Reflecting the relative scarcity of high-quality macroeconomic time series, the paper adopts a small-scale...
  N° 1108   24 Mar 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz6zgzzw8s4.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-prudential-regulation-of-financial-institutions_5jz6zgzzw8s4-en
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The Prudential Regulation of Financial Institutions
William R. White
It is now six years since a devastating financial and economic crisis rocked the global economy. Supported strongly by the G20 process, international regulators led by the Financial Stability Board have been working hard ever since to develop new regulatory standards designed to prevent a...
  N° 1107   17 Mar 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jz73l1qw1s1.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/oecd-forecasts-during-and-after-the-financial-crisis_5jz73l1qw1s1-en
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OECD Forecasts During and After the Financial Crisis
Nigel Pain, Christine Lewis, Thai-Thanh Dang, Yosuke Jin, Pete Richardson
This paper assesses the OECD’s projections for GDP growth and inflation during the global financial crisis and recovery, focussing on lessons that can be learned. The projections repeatedly over-estimated growth, failing to anticipate the extent of the slowdown and later the weak pace of the...
  N° 1106   09 Jan 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jzb6vwk338x.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/fairly-sharing-the-social-impact-of-the-crisis-in-greece_5jzb6vwk338x-en
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Fairly Sharing the Social Impact of the Crisis in Greece
Vassiliki Koutsogeorgopoulou, Manos Matsaganis, Chrysa Leventi, Jan-David Schneider
Poverty and income inequality have worsened since the onset of the crisis. While the design of fiscal measures has mitigated the burden sharing of fiscal adjustment, as the recession has deepened unemployment has risen, earnings have declined and social tensions have increased. Getting people...
  N° 1105   09 Jan 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jzb6w1rt99p.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/dividing-the-pie-in-brazil-income-distribution-social-policies-and-the-new-middle-class_5jzb6w1rt99p-en
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Dividing the Pie in Brazil: Income Distribution, Social Policies and the New Middle Class
Jens Arnold, João Jalles
Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful "Bolsa Familia"...
  N° 1104   12 Dec 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3ttg4r657h.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/new-indicators-of-competition-law-and-policy-in-2013-for-oecd-and-non-oecd-countries_5k3ttg4r657h-en
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New Indicators of Competition Law and Policy in 2013 for OECD and non-OECD Countries
Enrico Alemani, Caroline Klein, Isabell Koske, Cristiana Vitale, Isabelle Wanner
This paper presents the new OECD competition law and policies (CLP) indicators which measure the strength and scope of competition regimes in 49 jurisdictions (OECD and non-OECD). The indicators cover areas for which there is a broad consensus among member countries on what constitutes ‘good’...
  N° 1103   11 Dec 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3ttg5c0026.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-effect-of-government-debt-external-debt-and-their-interaction-on-oecd-interest-rates_5k3ttg5c0026-en
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The Effect of Government Debt, External Debt and their Interaction on OECD Interest Rates
David Turner, Francesca Spinelli
In the wake of the financial crisis there has been renewed focus on the importance of a country’s net external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and...
  N° 1102   27 Jan 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3ttg7n4r32.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-state-of-the-banking-sector-in-europe_5k3ttg7n4r32-en
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The State of the Banking Sector in Europe
Dirk Schoenmaker, Toon Peek
This paper reviews the state of the banking sector in Europe. At the aggregate level, the empirical data suggest that the Baltics, Cyprus, Greece and Ireland, in particular, are hit by a strong decline in lending in the wake of the financial crisis. This deleveraging is mainly caused by a...
  N° 1101   09 Dec 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3twr9k6s7h.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/getting-irish-youth-on-the-job-track_5k3twr9k6s7h-en
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Getting Irish Youth on the Job Track
Alberto González Pandiella
Irish youth was hit hard by the crisis. Many young workers have remained unemployed for a long time and, unless it is tackled promptly, this issue will become one of the most enduring legacies of the recession. New labourmarket policy initiatives have been introduced recently, but more will be...
  N° 1100   06 Dec 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3txn15b59t.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/new-econometric-estimates-of-long-term-growth-effects-of-different-areas-of-public-spending_5k3txn15b59t-en
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New Econometric Estimates of Long-term Growth Effects of Different Areas of Public Spending
Omar Barbiero, Boris Cournède
Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth. The results suggest that, if total government spending is kept unchanged, increasing expenditure on health, education...
  N° 1099   06 Dec 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3txn1mbw8x.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/cross-country-spillovers-from-fiscal-consolidations_5k3txn1mbw8x-en
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Cross-Country Spillovers from Fiscal Consolidations
Antoine Goujard
In many OECD countries, government debt reached levels over recent years that call for reduction over the medium to longer term to ensure public finance sustainability. This paper investigates the international transmission of fiscal consolidation shocks via trade flows. Using a measure of...
  N° 1098   04 Dec 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3v1tqzmzg7.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/informal-employment-in-russia_5k3v1tqzmzg7-en
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Informal Employment in Russia
Hartmut Lehmann, Anzelika Zaiceva
This paper takes stock of informal employment in Russia analysing its incidence and determinants. Using the regular 2003-11 waves and an informality supplement of the Russian Longitudinal Monitoring Survey (RLMS) it develops several measures of informal employment and demonstrates that the...
  N° 1097   26 Nov 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3w7256ltf4.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/capacity-needs-in-the-automobile-industry-in-the-short-to-medium-run_5k3w7256ltf4-en
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Capacity Needs in the Automobile Industry in the Short- to Medium Run
Caroline Klein, Isabell Koske
This paper aims at identifying which countries and regions in the world might face structural overcapacities or capacity shortfalls in the automobile industry in the near future. It discusses the main forces that are likely to shape car demand over the next several years, including GDP growth,...
  N° 1096   19 Nov 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3w725lhgf6.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/environmental-policies-and-productivity-growth_5k3w725lhgf6-en
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Environmental Policies and Productivity Growth
Tomasz Koźluk, Vera Zipperer
The economic effects of environmental policies are of central interest to policymakers. The traditional approach sees environmental policies as a burden on economic activity, at least in the short to medium term, as they raise costs without increasing output and restrict the set of production...
  N° 1095   12 Nov 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3wd34pl338.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/green-growth-challenges-and-the-need-for-an-energy-reform-in-mexico_5k3wd34pl338-en
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Green Growth Challenges and the Need for an Energy Reform in Mexico
Carla Valdivia de Richter
As Mexico seeks to boost economic growth, pressures on its natural resources and environmental outcomes may intensify, jeopardizing the sustainability of that growth and the well-being of the population. Costs of environmental degradation were estimated at approximately 5% of GDP in 2011,...
  N° 1094   12 Nov 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3wd358lj8r.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/from-bricks-to-brains_5k3wd358lj8r-en
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From Bricks to Brains
David Haugh
With sound framework conditions, fine universities, good infrastructure and policies friendly towards foreign direct investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and entrepreneurship are on the right track, but investment in...
  N° 1093   12 Nov 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3wd3c4219w.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/china-s-march-to-prosperity_5k3wd3c4219w-en
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China's March to Prosperity
Vincent Koen, Richard Herd, Sam Hill
China is well-placed to avoid the so-called "middle-income trap" and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
  N° 1092   30 Oct 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k3xnhsz0vtg.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/productivity-measurement-with-natural-capital_5k3xnhsz0vtg-en
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Productivity Measurement with Natural Capital
Nicola Brandt, Paul Schreyer, Vera Zipperer
Traditional measures of multi-factor productivity (MFP) growth generally do not recognise natural capital as inputs into the production process. Since productivity growth is measured as the residual between output and input growth, it will pick up the growth in unmeasured inputs, which can lead...
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