OECD Economics Department Working Papers

Findings of the recent literature on international capital flows
ISSN: 
1815-1973 (online)
http://dx.doi.org/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° 1410) , 2 (N° 1360) , 3 (N° 1312) … 29 (N° 34) | Next
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  N° 1410   19 Sep 2017
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    http://oecd.metastore.ingenta.com/content/2f8e1d6d-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/findings-of-the-recent-literature-on-international-capital-flows_2f8e1d6d-en
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Findings of the recent literature on international capital flows
Stéphanie Guichard
Financial globalisation has given international capital flows a central role in the functioning of the global economy and has therefore led to considerable economic research over the past 30 years. Making the most of capital flows by allowing...
  N° 1409   11 Sep 2017
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    http://oecd.metastore.ingenta.com/content/639cfdcc-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/sharing-the-benefits-of-china-s-growth-by-providing-opportunities-to-all_639cfdcc-en
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Sharing the benefits of China’s growth by providing opportunities to all
Ben Westmore
Living standards in China have greatly improved over the past few decades. Both sustained economic growth and an expansion of the social security system have contributed to a sharp reduction in the number of people in poverty. However, urban-rural...
  N° 1408   11 Sep 2017
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    http://oecd.metastore.ingenta.com/content/92d58508-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/boosting-firm-dynamism-and-performance-in-china_92d58508-en
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Boosting firm dynamism and performance in China
Margit Molnar
With persisting slower growth worldwide and in China, over-capacity in some heavy industry sectors, declining profitability, and intensifying competition from other, lower-cost emerging economies, corporate behaviour in China needs to change and...
  N° 1407   11 Sep 2017
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    http://oecd.metastore.ingenta.com/content/6bee2df9-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-capacity-of-governments-to-raise-taxes_6bee2df9-en
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The capacity of governments to raise taxes
Oguzhan Akgun, David Bartolini, Boris Cournède
This paper investigates the factors that shape governments’ capacity to collect revenue. To do so, it analyses how tax revenue responds to tax rates using evidence from a panel of 34 OECD countries over 1978-2014. The estimations show that the...
  N° 1406   04 Sep 2017
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    http://oecd.metastore.ingenta.com/content/d5c950fc-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/labour-market-resilience_d5c950fc-en
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Labour market resilience
Alexander Hijzen, Andreas Kappeler, Mathilde Pak, Cyrille Schwellnus
This paper provides an overview of labour market resilience in the wake of the Great Recession of 2008-09 and the role played by macroeconomic and structural policies. The OECD unemployment rate has returned to close to its pre-crisis level, but the...
  N° 1405   28 Aug 2017
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    http://oecd.metastore.ingenta.com/content/fca87bb4-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/raising-skills-in-portugal_fca87bb4-en
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Raising skills in Portugal
Sónia Araújo
Despite significant progress made, improving skills remains one of Portugal’s key challenges for raising growth, living standards and well-being. Upskilling the adult population remains a priority and lifelong learning activities should focus more on...
  N° 1404   19 July 2017
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    http://oecd.metastore.ingenta.com/content/f2b496cd-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/improving-the-efficiency-and-outcomes-of-the-slovak-health-care-system_f2b496cd-en
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Improving the efficiency and outcomes of the Slovak health-care system
Claude Giorno, Kristina Londáková
Despite improvements over the past few decades, Slovak health outcomes remains poor compared with most other OECD countries, even after controlling for differences in per capita income and other social, cultural and lifestyle factors. Disparities in...
  N° 1403   21 July 2017
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    http://oecd.metastore.ingenta.com/content/65dab7c6-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/skills-mismatch-productivity-and-policies_65dab7c6-en
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Skills mismatch, productivity and policies
Muge Adalet McGowan, Dan Andrews
This paper extends earlier OECD work exploring the link between skills mismatch, productivity and policies to include the countries in the second wave of OECD Survey of Adult Skills, with a special focus on New Zealand. We find that the percentage of...
  N° 1402   19 July 2017
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    http://oecd.metastore.ingenta.com/content/65206dc1-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-global-income-distribution-for-high-income-countries_65206dc1-en
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The global income distribution for high-income countries
Mikkel Hermansen
This paper presents the global income distribution between all individuals living in the developed world. Global inequality for the group of high-income countries, as measured by the Gini coefficient, stands at 37 in 2013 and has increased by almost...
  N° 1401   30 June 2017
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    http://oecd.metastore.ingenta.com/content/260deeb4-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-employability-and-skills-to-meet-labour-market-needs-in-italy_260deeb4-en
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Enhancing employability and skills to meet labour market needs in Italy
Paula Garda
The various deficiencies of the labour market and the educational system have resulted in high unemployment, low labour force participation, low skills levels and high skill mismatch. Job creation is key to tackling the high unemployment rates,...
  N° 1400   30 June 2017
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    http://oecd.metastore.ingenta.com/content/853c014a-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/public-debt-in-india_853c014a-en
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Public debt in India
Isabelle Joumard, Peter Hoeller, Jean-Marc Fournier, Hermes Morgavi
In relation to GDP, India's public debt and interest payments are high compared with most other emerging economies and rating agencies have put India's sovereign debt at the lowest investment grade. On the other hand, India benefits from strong...
  N° 1399   30 June 2017
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    http://oecd.metastore.ingenta.com/content/5a16beda-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/insolvency-regimes-zombie-firms-and-capital-reallocation_5a16beda-en
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Insolvency regimes, zombie firms and capital reallocation
Muge Adalet McGowan, Dan Andrews, Valentine Millot
This paper explores cross-country differences in the design of insolvency regimes and their potential links with two inter-related sources of labour productivity weakness: the survival of “zombie” firms (firms that would typically exit in a...
  N° 1398   30 June 2017
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    http://oecd.metastore.ingenta.com/content/cb1ff201-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-fall-in-real-long-term-government-bond-yields_cb1ff201-en
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The fall in real long-term government bond yields
Łukasz Rawdanowicz, Mohamed Hammouch, Makoto Kasai
This paper contributes to the empirical literature investigating reasons for the fall in real interest rates in advanced economies. It focuses on selected drivers from three broad categories: demographic changes; imbalances between supply of and...
  N° 1397   23 June 2017
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    http://oecd.metastore.ingenta.com/content/4258e11a-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/taxation-and-investment-in-india_4258e11a-en
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Taxation and Investment in India
Alastair Thomas, Isabelle Joumard, Tibor Hanappi, Michelle Harding
Business taxation in India is characterised by high effective tax rates, a narrow tax base, and an uncertain tax environment for potential investors. However, India has now begun a process of significant business tax reform, including a staged...
  N° 1396   23 June 2017
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    http://oecd.metastore.ingenta.com/content/0f865772-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/financial-re-regulation-since-the-global-crisis_0f865772-en
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Financial re-regulation since the global crisis?
Oliver Denk, Gabriel Gomes
Domestic and international capital markets had been liberalised for decades until the mid-2000s. Then the global financial crisis struck. How has policy responded since the crisis: with re-regulation or continued liberalisation? This paper assembles...
  N° 1395   23 June 2017
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    http://oecd.metastore.ingenta.com/content/37b4d789-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/fighting-gender-inequality-in-sweden_37b4d789-en
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Fighting gender inequality in Sweden
Christophe André, Hugo Bourrousse
Sweden ranks among the best OECD countries in terms of gender equality. Women have a high employment rate, outperform men in education and are well represented in government and parliament. Nevertheless, without further policy measures, achieving...
  N° 1394   23 June 2017
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    http://oecd.metastore.ingenta.com/content/e900be20-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/income-wealth-and-equal-opportunities-in-sweden_e900be20-en
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Income, wealth and equal opportunities in Sweden
Jon Kristian Pareliussen, Christophe André, Hugo Bourrousse, Vincent Koen
Sweden is an egalitarian society in international comparison, and has managed to combine equity with economic efficiency. Rapidly rising inequality and relative poverty from a historical low in the 1980s partly stem from ageing, changing family...
  N° 1393   08 June 2017
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    http://oecd.metastore.ingenta.com/content/579ceba4-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/regulation-institutions-and-productivity_579ceba4-en
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Regulation, institutions and productivity
Balázs Égert
Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level. In this paper, we seek to...
  N° 1392   08 June 2017
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    http://oecd.metastore.ingenta.com/content/a4ece3c5-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/regulation-institutions-and-aggregate-investment_a4ece3c5-en
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Regulation, institutions and aggregate investment
Balázs Égert
This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of 32 OECD countries from 1985 to 2013, we show that more stringent product and labour market regulations are associated with less...
  N° 1391   08 June 2017
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    http://oecd.metastore.ingenta.com/content/93d19106-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/boosting-r-d-outcomes-in-australia_93d19106-en
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Boosting R&D outcomes in Australia
Vassiliki Koutsogeorgopoulou, Taejin Park
R&D activity can play a central role in raising productivity. Australia compares well in terms of research excellence. However, there is scope for better translation of publicly funded research into commercial outcomes. Strengthening incentives for...
  N° 1390   08 June 2017
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    http://oecd.metastore.ingenta.com/content/bf77f9e1-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/creating-good-conditions-for-innovation-driven-productivity-gains-in-australia_bf77f9e1-en
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Creating good conditions for innovation-driven productivity gains in Australia
Philip Hemmings, Taejin Park
Innovation is key to boosting Australia’s productivity and inclusiveness. This paper examines the policies that create good conditions for innovation, not only in science and technology but also wider forms, such as business-model innovation....
  N° 1389   08 June 2017
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    http://oecd.metastore.ingenta.com/content/5e542f11-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/making-income-and-property-taxes-more-growth-friendly-and-redistributive-in-india_5e542f11-en
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Making income and property taxes more growth-friendly and redistributive in India
Isabelle Joumard, Alastair Thomas, Hermes Morgavi
Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential to raise...
  N° 1388   30 May 2017
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    http://oecd.metastore.ingenta.com/content/1d22b8b1-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/promoting-a-private-investment-renaissance-in-italy_1d22b8b1-en
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Promoting a private investment renaissance in Italy
Mauro Pisu
Boosting investment is key to supporting the nascent recovery and reviving stagnant productivity. Aggregate investment has declined markedly since the start of the global financial crisis, especially in services. Italy’s investment is so low that the...
  N° 1387   30 May 2017
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    http://oecd.metastore.ingenta.com/content/f957c2cc-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/fostering-innovative-business-investment-in-spain_f957c2cc-en
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Fostering innovative business investment in Spain
David Haugh, Muge Adalet McGowan, Dan Andrews, Aida Caldera Sánchez, Gabor Fulop, Pilar Garcia Perea
Spain has chronically low productivity growth, which undermines its ability to generate higher living standards. Important contributors to low productivity growth are the misallocation of capital to low productivity firms and under-investment in...
  N° 1386   30 May 2017
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    http://oecd.metastore.ingenta.com/content/72275f0b-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/reforms-for-more-and-better-quality-jobs-in-spain_72275f0b-en
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Reforms for more and better quality jobs in Spain
Yosuke Jin, Aida Caldera Sánchez, Pilar Garcia Perea
The Spanish economy is growing strongly, but there is a risk that many people are being left behind. Unemployment, especially among young people and the low-skilled, remains very high. About half of all the unemployed have been unemployed for over a...
  N° 1385   18 May 2017
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    http://oecd.metastore.ingenta.com/content/0b8947e3-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-revised-approach-to-productivity-convergence-in-long-term-scenarios_0b8947e3-en
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A revised approach to productivity convergence in long-term scenarios
Yvan Guillemette, Alexandre Kopoin, David Turner, Andrea De Mauro
The paper describes revisions to the trend labour efficiency component of the production function underpinning long-term economic scenarios. The main goal of the revision is to add more policy and institutional determinants in the equation to enrich...
  N° 1384   18 May 2017
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    http://oecd.metastore.ingenta.com/content/075f0153-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-revised-approach-to-trend-employment-projections-in-long-term-scenarios_075f0153-en
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A revised approach to trend employment projections in long-term scenarios
Maria Chiara Cavalleri, Yvan Guillemette
The paper describes revisions to the trend employment component of the production function underpinning long-term economic scenarios. Starting with historical age and sex-specific employment rates, a novel approach is developed to correct for...
  N° 1383   22 Apr 2017
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    http://oecd.metastore.ingenta.com/content/7dd74eb4-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/doing-well-by-doing-good_7dd74eb4-en
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Doing well by doing good
Mabel Gabriel, Patrick Lenain, Mirna Mehrez, Julien Reynaud, Payal Soneja
The private sector can be a strategic partner in the pursuit of sustainable and inclusive growth, with the ability to have a profound impact, particularly in areas such as climate change, inclusiveness, equality and good governance. Firms could...
  N° 1382   22 Apr 2017
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    http://oecd.metastore.ingenta.com/content/c0c7e531-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/structural-inequality_c0c7e531-en
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Structural inequality
Olof Robling, Jon Kristian Pareliussen
Structural trends not directly related to labour market functioning and redistribution have made a sizeable contribution to inequality and poverty in Sweden, but occupy only limited space in the income inequality debate. To fill this gap, we put a...
  N° 1381   07 Apr 2017
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    http://oecd.metastore.ingenta.com/content/528dc615-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/improving-the-allocation-and-efficiency-of-public-spending-in-indonesia_528dc615-en
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Improving the allocation and efficiency of public spending in Indonesia
Patrice Ollivaud
Indonesia's fiscal position is generally sound and policy making prudent. However, the country still faces important challenges in terms of economic and social development. Infrastructure, education, health and social security are all spending areas...
  N° 1380   07 Apr 2017
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    http://oecd.metastore.ingenta.com/content/d9cabd0a-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/decentralisation-to-promote-regional-development-in-indonesia_d9cabd0a-en
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Decentralisation to promote Regional Development in Indonesia
Petar Vujanovic
In 1998 Indonesia embarked on an ambitious course of decentralisation. Over a period of a few years, facilitated by financial transfers from the central government, responsibility for many public services and administrative tasks were devolved to...
  N° 1379   23 Mar 2017
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    http://oecd.metastore.ingenta.com/content/1e8c0031-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/foreign-direct-investment-and-the-pollution-haven-hypothesis_1e8c0031-en
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Foreign Direct Investment and The Pollution Haven Hypothesis
Grégoire Garsous, Tomasz Kozluk
Business has often been arguing against the introduction of a carbon tax because it would induce a pollution haven effect – reducing the competitiveness of domestic production and shifting both production and emissions to countries where fossil fuels...
  N° 1378   23 Mar 2017
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    http://oecd.metastore.ingenta.com/content/ef6c01c6-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/energy-prices-environmental-policies-and-investment_ef6c01c6-en
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Energy prices, environmental policies and investment
Dennis Dlugosch, Tomasz Kozluk
The 2°C (or less) limit on global warming agreed at the UN Climate Change Conference of 2015 in Paris effectively implies that manufacturing industries in developed countries have to undertake significant investments, in particular in more energy...
  N° 1377   07 Mar 2017
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    http://oecd.metastore.ingenta.com/content/77759015-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/deconstructing-income-inequality-in-costa-rica_77759015-en
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Deconstructing income inequality in Costa Rica
Alberto González Pandiella, Mabel Gabriel
Despite an improvement in overall macroeconomic performance in Costa Rica, income inequality has risen and is currently at its maximum historical value. This is in stark contrast with other Latin American countries, which have recently made...
  N° 1376   07 Mar 2017
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    http://oecd.metastore.ingenta.com/content/571d5b1f-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/boosting-productivity-in-mexico-through-integration-into-global-value-chains_571d5b1f-en
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Boosting productivity in Mexico through integration into global value chains
Sean Dougherty, Julien Reynaud
Mexico’s structural reforms are already boosting productivity, but more can be done. This paper focuses on issues that have led to the success of the “modern” Mexico, and have led to difficulties with the “traditional” Mexico. These include the...
  N° 1375   07 Mar 2017
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    http://oecd.metastore.ingenta.com/content/52da7c6a-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/local-taxation-land-use-regulation-and-land-use_52da7c6a-en
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Local taxation, land use regulation, and land use
Hansjörg Blöchliger, Christian Hilber, Olivier Schöni, Maximilian von Ehrlich
This paper surveys the theoretical and empirical research on the relationship between local taxation, land use regulation and land use patterns. The findings can be summarized as follows: 1) In more fiscally decentralized settings, sub-national land...
  N° 1374   02 Mar 2017
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    http://oecd.metastore.ingenta.com/content/41194fea-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/finance-and-productivity_41194fea-en
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Finance and productivity
Mark Heil
This paper surveys a broad range of studies and highlights the main findings of the empirical literature regarding business finance and productivity. Numerous studies analyse the productivity effects of financial development and frictions. The...
  N° 1373   31 Jan 2017
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    http://oecd.metastore.ingenta.com/content/d4764493-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/decoupling-of-wages-from-productivity_d4764493-en
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Decoupling of wages from productivity
Cyrille Schwellnus, Andreas Kappeler, Pierre-Alain Pionnier
Over the past two decades, aggregate labour productivity growth in most OECD countries has decoupled from real median compensation growth, implying that raising productivity is no longer sufficient to raise real wages for the typical worker. This...
  N° 1372   25 Jan 2017
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    http://oecd.metastore.ingenta.com/content/180d80ad-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-walking-dead_180d80ad-en
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The Walking Dead?
Muge Adalet McGowan, Dan Andrews, Valentine Millot
This paper explores the extent to which “zombie” firms – defined as old firms that have persistent problems meeting their interest payments – are stifling labour productivity performance. The results show that the prevalence of and resources sunk in...
  N° 1371   31 Jan 2017
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    http://oecd.metastore.ingenta.com/content/24837aed-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/fostering-inclusive-growth-in-malaysia_24837aed-en
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Fostering inclusive growth in Malaysia
Stewart Nixon, Hidekatsu Asada, Vincent Koen
Malaysia has followed a comparatively equitable development path, largely eliminating absolute poverty and greatly reduced ethnic inequality. Income and wealth inequality have gradually declined since the mid-1970s. With the “people economy” at the...
  N° 1370   31 Jan 2017
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    http://oecd.metastore.ingenta.com/content/e8985a5b-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/boosting-productivity-in-malaysia_e8985a5b-en
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Boosting productivity in Malaysia
Hidekatsu Asada, Stewart Nixon, Vincent Koen
Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs. The...
  N° 1369   31 Jan 2017
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    http://oecd.metastore.ingenta.com/content/cf7fddf2-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/malaysia-s-economic-success-story-and-challenges_cf7fddf2-en
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Malaysia’s economic success story and challenges
Vincent Koen, Hidekatsu Asada, Stewart Nixon, Mohamed Rizwan Habeeb Rahuman, Mohd Arif, A.Z.
Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy. GDP per capita is now higher than in a number of OECD economies,...
  N° 1368   31 Jan 2017
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    http://oecd.metastore.ingenta.com/content/a6691907-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/trends-in-productivity-and-sources-of-productivity-growth-in-slovenia_a6691907-en
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Trends in productivity and sources of productivity growth in Slovenia
Urban Sila, Hermes Morgavi, Jeanne Dall'Orso
Slovenia’s living standards measured in GDP per capita are currently some 20% below the EU15 average and have not yet reached their pre-crisis level. Given that most of this gap comes from differences in labour productivity, the paper looks at...
  N° 1367   08 Feb 2017
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    http://oecd.metastore.ingenta.com/content/c35af920-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/rebalancing-turkey-s-growth-by-improving-resource-allocation-and-productivity-in-manufacturing_c35af920-en
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Rebalancing Turkey’s growth by improving resource allocation and productivity in manufacturing
Aslihan Atabek, Dan Andrews, Rauf Gönenç
Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough. This paper documents the drivers of its recent growth and diversification, and the factors that have held it back. It documents its segmentation and...
  N° 1366   07 Feb 2017
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    http://oecd.metastore.ingenta.com/content/d054af64-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/reaping-the-benefits-of-global-value-chains-in-turkey_d054af64-en
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Reaping the benefits of global value chains in Turkey
Volker Ziemann, Béatrice Guérard
Despite major progress, Turkey still lags behind most comparable countries in terms of exported value added per capita. Its remarkable economic performance over the past 15 years has not been sufficiently backed by gains in export market shares, in...
  N° 1365   15 Dec 2016
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    http://oecd.metastore.ingenta.com/content/a4352865-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/industry-and-services/incentivising-lending-to-smes-with-the-funding-for-lending-scheme_a4352865-en
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Incentivising Lending to SMEs with the Funding for Lending Scheme
Olena Havrylchyk
This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs). The FLS was announced by the Bank of England...
  N° 1364   25 Jan 2017
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    http://oecd.metastore.ingenta.com/content/ba9ac297-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-skills-to-boost-growth-in-hungary_ba9ac297-en
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Enhancing skills to boost growth in Hungary
Gabriel Machlica
Skill requirements in the labour market have significantly changed over the past two decades. The restructuring of the economy is making the labour market increasingly knowledge-based. The education system has reacted to this structural change, but...
  N° 1363   25 Jan 2017
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    http://oecd.metastore.ingenta.com/content/37ac46c4-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-public-sector-efficiency-and-effectiveness-in-the-czech-republic_37ac46c4-en
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Enhancing public sector efficiency and effectiveness in the Czech Republic
Christine Lewis, Falilou Fall
Spending on public administration itself is relatively low and so are indicators of its performance. Challenges include wastage in public procurement, insufficient management of the investment cycle and high levels of staff turnover. This paper...
  N° 1362   25 Jan 2017
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    http://oecd.metastore.ingenta.com/content/4607b955-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/fostering-productivity-for-income-convergence-in-the-czech-republic_4607b955-en
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Fostering Productivity for Income Convergence in the Czech Republic
Falilou Fall, Christine Lewis
Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average. However, after the 2008 global crisis, the convergence process stalled. Shortfalls in labour productivity have developed and are...
  N° 1361   16 Feb 2017
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    http://oecd.metastore.ingenta.com/content/83239540-en.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/international-tax-planning-and-fixed-investment_83239540-en
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International tax planning and fixed investment
Stéphane Sorbe, Åsa Johansson
This paper assesses how international tax planning affects real business investment by multinationals. Earlier studies have shown that corporate taxes reduce business investment. This paper shows that tax planning multinationals are less sensitive to...
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