OECD Economics Department Working Papers

Reforming in a difficult macroeconomic context
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° 1297) … , 19 (N° 395) , 20 (N° 345) , 21 (N° 295) … 26 (N° 44) | Next
Mark Number Date TitleClick to Access
  N° 345   10 Dec 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xtd.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-the-effectiveness-of-public-expenditure-in-sweden_706857274877
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Enhancing the Effectiveness of Public Expenditure in Sweden
Deborah Roseveare
This paper analyses the main features of Sweden’s public expenditure and addresses some key policy issues. Public spending is high relative to GDP, reflecting the wide support for the Swedish welfare state. The institutional framework within which spending decisions are made has both strengths...
  N° 344   03 Dec 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xvh.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-decline-in-private-saving-rates-in-the-1990s-in-oecd-countries_241254248236
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The Decline in Private Saving Rates in the 1990s in OECD Countries
Alain de Serres, Florian Pelgrin
The substantial decline in private-sector saving rates observed in several OECD countries in the late 1990s coincided in several cases with a sharp increase in household financial net worth. This was seen by many observers as evidence that the strong rise in equity and residential property...
  N° 343   03 Oct 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xxw.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-the-effectiveness-of-public-spending-in-norway_861731021201
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Enhancing the Effectiveness of Public Spending in Norway
Isabelle Joumard, Wim Suyker
Public spending is very high in Norway, partly reflecting an extensive coverage of the welfare system and ambitious regional development objectives. Moreover, several institutional features contribute to dampening the cost-effectiveness of many public-spending programmes. Abundant oil revenues...
  N° 342   25 Sep 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z0r.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/productivity-and-convergence-in-a-panel-of-oecd-industries_004581482564
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Productivity and Convergence in a Panel of OECD Industries
Stefano Scarpetta, Thierry Tressel
We analyse the impact of innovation activity and product and labour market institutions on multi-factor productivity in a panel of 23 industries in 18 OECD countries using a novel harmonised database. First, we provide evidence of convergence in productivity levels within most industries across...
  N° 341   06 Sep 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z24.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/managing-public-expenditure_541200211154
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Managing Public Expenditure
Paul van den Noord
The UK medium-term budgetary framework introduced in 1997 addressed a number of weaknesses of the former regime, notably a bias against capital expenditure and, more generally, poor conditions for longerterm planning adversely affecting central government spending departments, local authorities...
  N° 340   23 Aug 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z37.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-brazilian-pension-system_251552114651
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The Brazilian Pension System
Marcos Bonturi
Brazil’s public pension expenditure is about 9 per cent of GDP, above the OECD average. Given that OECD countries are generally not only wealthier, but also significantly older, Brazil’s pension expenditures are clearly excessive, draining resources away from other areas, such as much needed...
  N° 339   23 Aug 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z40.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/challenges-in-the-mexican-financial-sector_444430868135
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Challenges in the Mexican Financial Sector
Marcos Bonturi
The Mexican banking crisis of 1994/95 necessitated a major government rescue operation - estimated to have cost about 20 per cent of GDP. Since then, financial sector reforms have been implemented and the performance of the Mexican financial system has markedly improved, as shown by indicators...
  N° 338   14 Aug 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z5c.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/coping-with-population-ageing-in-hungary_254781762631
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Coping with Population Ageing in Hungary
Andrew Burns, Jaromir Cekota
This paper examines economic challenges posed by the combination of an ageing and declining population in Hungary and develops policy-oriented recommendations for addressing them. The authors identify the scale and specific properties of the demographic problem in Hungary where the population...
  N° 337   02 Aug 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z7j.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/next-steps-for-public-spending-in-new-zealand_338071481346
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Next Steps for Public Spending in New Zealand
David Rae
This paper reviews public expenditure in New Zealand and the scope for further progress. Since the mid-1980s, New Zealand has been a world leader in public management reforms. Government agencies have been transformed by delegating managerial responsibility to them and replacing input controls...
  N° 336   30 July 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z8w.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/strengthening-the-management-of-public-spending-in-hungary_568000451454
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Strengthening the Management of Public Spending in Hungary
Jaromir Cekota, Rauf Gönenç, Kwang-Yeol Yoo
This paper analyses the Hungarian public expenditure system and develops policy-oriented recommendations for its improvement. Despite substantial progress achieved in the management of public finances over the 1990s, the level of public expenditure and taxation relative to national income has...
  N° 335   26 July 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7z9p.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/automatic-stabilisers-and-market-flexibility-in-emu_642866215738
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Automatic Stabilisers and Market Flexibility in EMU
Marco Buti, Carlos Martinez-Mongay, Khalid Sekkat, Paul van den Noord
It is often claimed that tax and welfare reforms that aim at enhancing efficiency may come at the cost of cyclical stabilisation. Reducing the generosity of welfare systems and lowering taxes may boost efficiency and output, and improve market adjustment to shocks. But, by reducing the size of...
  N° 334   17 July 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zbr.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-economic-consequences-of-terrorism_511778841283
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The Economic Consequences of Terrorism
Patrick Lenain, Marcos Bonturi, Vincent Koen
The unprecedented 11 September 2001 terrorist attacks in the United States caused massive casualties and damage, and ushered in an era of greater uncertainty. While a prompt and vigorous policy response helped limit the immediate economic impact of the aggression, the heightened terrorist...
  N° 333   11 July 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zg0.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/investment-in-human-capital-through-post-compulsory-education-and-training_778845424272
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Investment in Human Capital Through Post-Compulsory Education and Training
Sveinbjörn Blöndal, Simon Field, Nathalie Girouard
This paper examines various efficiency and equity aspects related to the skill acquisition of young people and older adults. The analysis suggests that such human capital investment is associated with significant labour-market gains for individuals, including higher post-tax earnings and better...
  N° 332   05 July 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zhc.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-the-effectiveness-of-public-spending-in-switzerland_735416271177
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Enhancing the Effectiveness of Public Spending in Switzerland
Isabelle Joumard, Claude Giorno
Switzerland is a highly decentralised country with large spending and revenue-raising powers devolved to cantons and municipalities. The federal system, in combination with an extensive use of direct democracy, has contributed to keep public spending at a relatively low level in international...
  N° 331   06 June 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zjg.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/competition-and-efficiency-in-publicly-funded-services_282126010667
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Competition and Efficiency in Publicly Funded Services
Jens Lundsgaard
This paper reviews the extent to which OECD countries have opened the provision of publicly funded services to competition among public and private suppliers. The paper lays out an analytical framework identifying the inherent incentive and efficiency issues associated with the provision of...
  N° 330   23 May 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zkj.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/policy-pre-commitment-and-institutional-design_101351888036
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Policy Pre-Commitment and Institutional Design
Marie-Thérèse Camilleri Gilson
Currency boards have been portrayed as an extreme way of creating currency quality and improving monetary policy credibility in emerging market economies. Yet the link between currency board operations and credibility is far from obvious. Indeed, under the heading of currency boards, there is...
  N° 329   23 Apr 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zlw.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-role-of-policy-and-institutions-for-productivity-and-firm-dynamics_547061627526
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The Role of Policy and Institutions for Productivity and Firm Dynamics
Stefano Scarpetta, Philip Hemmings, Thierry Tressel, Jaejoon Woo
This paper presents empirical evidence on the role that policy and institutional settings in both product and labour market play for productivity and firm dynamics. It exploits a new firm-level database for ten OECD countries and industry-level data for a broader set of countries, together with...
  N° 328   23 Apr 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7znr.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/improving-the-efficiency-and-sustainability-of-public-expenditure-in-the-czech-republic_085803311247
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Improving the Efficiency and Sustainability of Public Expenditure in the Czech Republic
Andrew Burns, Kwang-Yeol Yoo
This paper reviews the public expenditure system in the Czech Republic and the scope for its reform. In recent years much progress has been made in improving the transparency and management of government finances. Nevertheless, the budget and policy planning process retains a single-year and...
  N° 327   15 Apr 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zq4.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/increases-in-business-investment-rates-in-oecd-countries-in-the-1990s_688436342124
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Increases in Business Investment Rates in OECD Countries in the 1990s
Florian Pelgrin, Sebastian Schich, Alain de Serres
In several OECD countries, investment rates in the business sector grew strongly in the second half of the 1990s. In some cases, the strength of private investment relative to output growth had raised concerns about the risk of capital overhang and the prospect of a prolonged period of slow...
  N° 326   08 Apr 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zr7.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/sectoral-shifts-in-europe-and-the-united-states_763626062738
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Sectoral Shifts in Europe and the United States
Alain de Serres, Stefano Scarpetta, Christine de la Maisonneuve
This paper sheds light on the importance of aggregation bias in the analysis of wage shares developments over time and across countries. We focus on five European countries and the United States and show that the trend decline in the aggregate wage share observed in these countries over much of...
  N° 325   06 Mar 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zs0.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/coping-with-population-ageing-in-the-netherlands_572041741017
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Coping with Population Ageing in the Netherlands
David Carey
Population ageing will reduce economic growth and increase the amount of resources that need to be transferred to the elderly, putting pressure on retirement-income- and healthcare insurance systems. The Netherlands is better placed than most OECD countries to meet these pressures because it...
  N° 324   04 Mar 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7ztc.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/public-spending-in-italy_028561670507
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Public Spending in Italy
Alexandra Bibbee, Alessandro Goglio
This paper aims to identify structural reforms for better public spending management in Italy –in turn a critical need in view of the country's high debt and tax burdens, notwithstanding significant progress in the past decade. The analysis proceeds on two distinct levels. At the central...
  N° 323   22 Feb 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xg1.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/overheating-in-small-euro-area-economies_221680343230
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Overheating in Small Euro Area Economies
Peter Hoeller, Claude Giorno, Christine de la Maisonneuve
This paper reviews first the fiscal policy recommendations by the EU, the IMF and the OECD for Finland, Greece, Ireland, Luxembourg, the Netherlands, Portugal and Spain. All these countries had inflation above the euro area average in early 2001, some by a considerable margin. The fiscal policy...
  N° 322   20 Feb 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xhd.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/encouraging-environmentally-sustainable-growth-in-austria_402531183476
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Encouraging Environmentally Sustainable Growth in Austria
Jens Høj, Andreas Wörgötter
This document analyses the economic impacts of selected environmental policies in Austria with an emphasis on the use of economic instruments and incentives versus command-and-control measures. An important theme in a federation like the Austrian is the institutional complexity involved in many...
  N° 321   12 Feb 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xkk.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/health-care-reform-in-japan_105381128500
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Health Care Reform in Japan
Yutaka Imai
The health status of the Japanese is one of the best in the world. The healthcare system has no doubt contributed to this, though the current state of research in health economics does not permit the determination of the extent of such contribution. The Japanese system, based on social...
  N° 320   08 Feb 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xlx.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-expenditure-control-with-a-decentralised-public-sector-in-denmark_865103764054
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Enhancing Expenditure Control with a Decentralised Public Sector in Denmark
Steen Daugaard
This paper analyses of some the key aspects of public expenditure policy in Denmark. The public expenditure to GDP ratio has abated markedly since the mid-1990s, reflecting both cyclical gains and the return on structural reforms. Nevertheless, the underlying upward pressure on government...
  N° 319   07 Feb 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xmq.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/options-for-reforming-the-finnish-tax-system_148170527338
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Options for Reforming the Finnish Tax System
Isabelle Joumard, Wim Suyker
This paper reviews the Finnish tax system and the scope for further tax reform. Finland is among the most egalitarian countries in the OECD and a high tax burden is required to finance the associated public spending. Nevertheless, capital and corporate income taxation was substantially and...
  N° 318   22 Jan 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xns.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/product-market-regulation-and-wage-premia-in-europe-and-north-america_016668388552
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Product Market Regulation and Wage Premia in Europe and North America
Sébastien Jean, Giuseppe Nicoletti
Using new cross-country data on industry-specific product market regulations, this paper investigates the relationship between wage premia and some of the policy determinants of product market rents. Hourly wage premia in 2-digit manufacturing and non-manufacturing industries are estimated from...
  N° 317   17 Jan 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xq5.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/competition-innovation-and-productivity-growth_182144868160
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Competition, Innovation and Productivity Growth
Sanghoon Ahn
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed static gains observed in the short run since firms will...
  N° 316   16 Jan 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7xwj.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/labour-market-institutions-product-market-regulation-and-innovation_002243151077
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Labour Market Institutions, Product Market Regulation, and Innovation
Andrea Bassanini, Ekkehard Ernst
In this paper we present comparative evidence from OECD countries concerning the impact of product and labour market regulations on innovation. While product and labour market policies usually aim at objectives other than innovation, they may have important consequences for the profitability of...
  N° 315   15 Jan 2002 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7zd4.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/ongoing-changes-in-the-business-cycle_480377612415
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Ongoing Changes in the Business Cycle
Thomas Dalsgaard, Jørgen Elmeskov, Cyn-Young Park
This paper first reviews a number of stylised facts concerning OECD country business cycles over the past four decades. In general, the amplitude of business cycles has fallen, driven mainly by declining fluctuations of domestic demand. As a result, international divergencies of cyclical...
  N° 314   01 Jan 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj805b.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/comment-encourager-une-croissance-ecologiquement-durable-en-france_260737031267
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Comment encourager une croissance écologiquement durable en France ?
Ann Vourc'h, Patrick Lenain
Ce document analyse certains aspects économiques de la politique de l'environnement en France, en se concentrant sur les émissions de gaz à effet de serre, la pollution de l'eau et les rejets dans l'air en milieu urbain. Comme la plupart des autres pays de l'OCDE, la France cherche depuis quelques années à rendre sa croissance durable pour...
  N° 313   17 Dec 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj807h.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/increasing-efficiency-and-reducing-complexity-in-the-tax-system-in-the-united-states_641187737504
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Increasing Efficiency and Reducing Complexity in the Tax System in the United States
Richard Herd, Chiara Bronchi
There are only a few OECD Member countries with a lower tax take than the United States. Nonetheless there are a number of improvements that could help reduce the distortions that taxation creates in the economy and so boost long-run economic performance. The most noticeable gains could come...
  N° 312   14 Dec 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj808v.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/product-and-labour-markets-interactions-in-oecd-countries_814240442882
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Product and Labour Markets Interactions in OECD Countries
Giuseppe Nicoletti, Andrea Bassanini, Ekkehard Ernst, Sébastien Jean, Paulo Santiago, Paul Swaim
This paper analyses several of the cross-market effects of policies aimed at influencing outcomes in product and labour markets. Focusing on subsets of OECD countries, we look at the implications of product market competition for industry wages and overall employment, and the implications of...
  N° 311   25 Oct 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80bq.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/modelling-import-responsiveness-for-oecd-manufactures-trade_304013015652
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Modelling Import Responsiveness for OECD Manufactures Trade
Mara Meacci, David Turner
The degree of integration and openness of OECD economies has consistently increased throughout most of the past three decades. By limiting the influence of non-economic factors, and reducing heterogeneity in economic systems, increased integration and openness enhance the emergence of common...
  N° 310   15 Oct 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80d3.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/trade-linkages-and-the-trade-matrices-in-the-oecd-interlink-model_114365718347
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Trade Linkages and the Trade Matrices in the OECD Interlink Model
Laurence Le Fouler, Wim Suyker, Dave Turner
This paper provides a mainly graphical summary of the trade matrices underlying the OECD’s international macroeconomic model Interlink. In doing so it gives a snapshot of the geographical nature of global trading relationships, in particular between individual OECD countries and the main...
  N° 309   05 Oct 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80f6.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/encouraging-environmentally-sustainable-growth-in-australia_404833521114
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Encouraging Environmentally Sustainable Growth in Australia
Ann Vourc'h, Robert W.R. Price
This document analyses aspects of natural resource and environmental policies in Australia, focusing on water resource management, salinity and climate change mitigation. The state and central governments have not made use of their taxation powers in these domains. The cap-and-trade system for...
  N° 308   20 Sep 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80g8.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/financial-market-liberalisation-wealth-and-consumption_586625524684
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Financial Market Liberalisation, Wealth and Consumption
Laurence Boone, Nathalie Girouard, Isabelle Wanner
The past two decades have seen substantial deregulation in the financial sectors of most OECD countries. The main motivation was to improve efficiency within the financial system, but the macroeconomic implications might go beyond this objective with impacts on the business cycle and the...
  N° 307   17 Sep 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80hb.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-economic-integration-of-germany-s-new-lander_777416102672
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The Economic Integration of Germany's New Länder
Eckhard Wurzel
The economic integration of the eastern German states has progressed rapidly in many respects. The infrastructure has been rapidly built up and modernised. A strong trend to modernise the business capital stock has been established, aided by financial assistance from the west. Already at the...
  N° 306   06 Sep 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80kh.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/standard-shocks-in-the-oecd-interlink-model_000706200171
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Standard Shocks in the OECD Interlink Model
Thomas Dalsgaard, Christophe André, Pete Richardson
One of the OECD Economic Department’s key vehicles for analysing effects and international spillovers of macroeconomic policy as well as assessing risks to the global outlook is the macroeconometric model, INTERLINK. In the context of the Department’s regular projection exercises the model...
  N° 305   19 Sep 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80lv.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/fiscal-implications-of-ageing_503643006287
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Fiscal Implications of Ageing
Thai-Thanh Dang, Pablo Antolín, Howard Oxley
This paper provides new projections on the fiscal impact of age-related spending for OECD countries over the next half century. These results are based on national models using an agreed upon set of assumptions about macroeconomic and demographic developments for all countries. Recent reforms...
  N° 304   03 Aug 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80mn.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-width-of-the-intra-european-economic-borders_281117327340
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The Width of the Intra-European Economic Borders
Alain de Serres, Peter Hoeller, Christine de la Maisonneuve
This paper first provides a brief overview of the literature on market segmentation and then presents an empirical exercise that sheds more light on the significance of border effects across European countries. The literature suggests that integration in the EU goods and financial markets is...
  N° 303   17 July 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80q3.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/surveillance-of-tax-policies_034063184564
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Surveillance of Tax Policies
Paul van den Noord, Chistopher Heady
Taxation is inevitable in modern economies to finance public spending, which is aimed at meeting fundamental economic and social objectives. However, efficiency losses associated with taxation need to be taken into account when the cost and benefits of public expenditure to be funded are being...
  N° 302   10 July 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80s8.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/reforming-the-tax-system-in-portugal_834483734736
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Reforming the Tax System in Portugal
Chiara Bronchi, José C. Gomes-Santos
The Portuguese tax system has developed positively in the past decade. Following the 1989 tax reform, tax bases have been broadened and statutory tax rates lowered. The overall tax burden is not high by international comparison and the tax mix relies on the more neutral consumption taxes....
  N° 301   29 June 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80tb.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/tax-systems-in-european-union-countries_785648484253
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Tax Systems in European Union Countries
Isabelle Joumard
The tax-to-GDP ratio rose steadily in most EU countries up to the late 1990s, largely reflecting a sustained expansion of public sector commitments to welfare provision. Since the late 1990s, many EU countries have cut tax rates. However, the tax burden in the EU area remains much higher than...
  N° 300   20 June 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80vf.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/encouraging-environmentally-sustainable-growth-in-belgium_066570324310
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Encouraging Environmentally Sustainable Growth in Belgium
Paul O'Brien, David Carey, Jens Høj, Andreas Woergoetter
This document analyses aspects of environmental policy in Belgium. Some specific examples are drawn from policies on water in the different regions that make up the Belgian Federation (to whom much environmental policy is delegated), and transport and congestion policy in the Brussels region is...
  N° 299   14 June 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80wh.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/encouraging-environmentally-sustainable-growth-in-poland_148456178784
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Encouraging Environmentally Sustainable Growth in Poland
Grzegorz Peszko, Patrick Lenain
This paper reviews several aspects of Poland’s environmental policies. Its main finding is that substantial progress has been made in dealing with the environmentally unfriendly legacy from the past. Poland has successfully combined emission permits based on environmental quality standards,...
  N° 298   11 June 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj80xv.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/tracking-the-euro_536702025320
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Tracking the Euro
Vincent Koen, Laurence Boone, Alain de Serres, Nicola Fuchs
During the first two years of monetary union, the euro's weakness surprised most market participants. Explanations proliferated ranging from fundamentals such as differences in growth prospects to psychological factors such as herd behaviour, but no single story fully accounts for the...
  N° 297   07 June 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj810q.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/firm-dynamics-and-productivity-growth_054842728775
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Firm Dynamics and Productivity Growth
Sanghoon Ahn
This paper surveys recent empirical studies exploring aggregate productivity growth based on firm dynamics, focusing on micro-data from OECD countries. Aggregate productivity growth can be analysed as a sum of two separate processes. i) Changes in productivity in individual firms at a given...
  N° 296   17 May 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8123.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/how-should-norway-respond-to-ageing_385156551776
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How Should Norway Respond to Ageing?
Pablo Antolín, Wim Suyker
Norway, like most OECD countries, will experience a significant ageing of its population, although it will be less dramatic. Moreover, it starts from an enviable position: employment rates of older people are among the highest in the OECD, pension outlays are currently relatively low and...
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