OECD Economics Department Working Papers

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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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Mark Number Date TitleClick to Access
  N° 107   01 Jan 1992 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj88lw.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-credit-crunch_657730454204
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A "Credit Crunch"?
Paul Francis O'Brien, Frank Browne
This paper examines the recent slowdown in bank lending that has affected several large OECD countries. The analysis begins with a description of the importance of bank credit in the financial systems of the countries considered. The origins of the lending slowdown are analysed - - including...
  N° 746   28 Jan 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kmlh5qvz1s4.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-bird-s-eye-view-of-oecd-housing-markets_5kmlh5qvz1s4-en
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A Bird's Eye View of OECD Housing Markets
Christophe André
Housing markets have played a prominent role in macroeconomic developments over recent years. For a great part of the 2000s, buoyant housing markets have contributed to sustained economic activity in most OECD countries. But many markets overheated and the collapse of the US subprime...
  N° 243   11 May 2000 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj83g5.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-changing-financial-environment-and-the-implications-for-monetary-policy_511388364355
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A Changing Financial Environment and the Implications for Monetary Policy
Paul Mylonas, Sebastian Schich, Gert Wehinger
Monetary policy affects activity, and ultimately inflation, in a number of ways. The most important of these is generally considered to be through the effect of interest rates directly on the demand for goods by households and firms. However, monetary policy can also influence activity through...
  N° 874   31 May 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kg9zbvvwqq2.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-dynamic-factor-model-for-world-trade-growth_5kg9zbvvwqq2-en
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A Dynamic Factor Model for World Trade Growth
Stéphanie Guichard, Elena Rusticelli
This paper reviews the main monthly indicators that could help forecasting world trade and compares different type of forecasting models using these indicators. In particular it develops dynamic factor models (DFM) which have the advantage of handling larger datasets of information than bridge...
  N° 774   07 June 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kmfj2xvcmkf.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-framework-for-assessing-green-growth-policies_5kmfj2xvcmkf-en
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A Framework for Assessing Green Growth Policies
Alain de Serres, Fabrice Murtin, Giuseppe Nicoletti
This paper proposes an analytical framework for assessing policies that will contribute to a better integration of environmental externalities in the pursuit of economic efficiency and growth objectives. The framework consists of two parts. The first part lays out principles and criteria for...
  N° 537   15 Jan 2007 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5l4w02nctq6b.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-golden-rule-for-russia-how-a-rule-based-fiscal-policy-can-allow-a-smooth-adjustment-to-the-new-terms-of-trade_328835227746
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A Golden Rule for Russia? How a Rule-Based Fiscal Policy Can Allow a Smooth Adjustment to the New Terms of Trade
Christian Gianella
The Russian economy continues to grow strongly, buoyed by rising terms of trade, which, in turn, are supporting a boom in domestic consumption. This paper addresses the challenge that the adjustment to sustained high oil prices poses for macroeconomic management. It first examines the impact of...
  N° 93   01 Feb 1991 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj89bq.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-macroeconomic-model-for-debt-analysis-of-the-latin-america-region-and-debt-accounting-models-for-the-highly-indebted-countries_542222878787
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A Macroeconomic Model for Debt Analysis of the Latin America Region and Debt Accounting Models for the Highly Indebted Countries
Peter Dittus, Paul S. O'Brien
During the 1980s, following the Mexican payments crisis of August 1982, a number of debt "plans" and "strategies" have been introduced, but overall progress in resolving the situation has been slow. This paper results from a project to investigate the relationship between macroeconomic...
  N° 270   25 Oct 2000 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8247.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-multi-gas-assessment-of-the-kyoto-protocol_540631321683
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A Multi-Gas Assessment of the Kyoto Protocol
Jean-Marc Burniaux
The Kyoto Protocol covers emissions of a range of greenhouse gases. Yet, most attempts to quantify the economic impact of implementing the Protocol’s emission targets for the period 2008-12 have focused exclusively on CO2 emissions. This paper extends previous OECD analysis confined to CO2...
  N° 748   01 Feb 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kmlh52r90zs.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-pause-in-the-growth-of-inequality-in-china_5kmlh52r90zs-en
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A Pause in the Growth of Inequality in China?
Richard Herd
In recent years, policymaking in China has put increasing emphasis on stemming the growth in inequality, which had been fairly steep since the 1980s. Policy action has taken the form of regional development measures and of reforms of various aspects of the social safety net broadly defined. The...
  N° 65   01 Feb 1989 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8bwg.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-post-mortem-on-oecd-short-term-projections-from-1982-to-1987_203318237015
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A Post Mortem on OECD Short-term Projections from 1982 to 1987
B. Ballis
This paper reviews the accuracy of OECD projections over the 1982-1987 period. It is shown that, although the evolution of the economic climate was correctly projected, projection errors for economic activity and inflation varied significantly both through the period under consideration and...
  N° 274   19 Dec 2000 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj81xt.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-post-mortem-on-economic-outlook-projections_351822846618
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A Post-Mortem on Economic Outlook Projections
Vassiliki Koutsogeorgopoulou
This paper reviews the accuracy of the OECD Economic Outlook projections — both "current year" and "year ahead" — for output growth, inflation and current account balances (as a percentage of GDP) for the major seven countries, as well as projections for world trade growth. The sample period...
  N° 1048   14 June 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k44v53w5w47.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-projection-method-for-public-health-and-long-term-care-expenditures_5k44v53w5w47-en
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A Projection Method for Public Health and Long-Term Care Expenditures
Christine de la Maisonneuve, Joaquim Oliveira Martins
This paper proposes a new set of public health and long-term care expenditure projections until 2060, seven years after a first set of projections was published by the OECD. It disentangles health from longterm care expenditure, as well as the demographic from the non-demographic drivers, and...
  N° 47   01 July 1987 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8d5k.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-review-of-the-simulation-properties-of-oecd-s-interlink-model_686024507858
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A Review of the Simulation Properties of OECD's INTERLINK Model
Pete Richardson
This paper reviews the simulation properties of a recent version of the OECD Secretariat's international macroeconomic model, INTERLINK, a version which embodies much of the empirical work reported in recent Working Papers and summarised in a separate companion paper ESD Working Paper No. 46....
  N° 41   01 Apr 1987 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8cq1.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-revised-supply-block-for-the-major-seven-countries-in-interlink_780384187533
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A Revised Supply Block for the Major Seven Countries in INTERLINK
Peter Jarrett, Raymond Torres
While the philosophy behind the supply block has not changed since its initial version, each of the block's behavioural equations as well as the parameters of the production functions have been substantially modified. These modifications have been motivated, in general, by a wish to improve the...
  N° 1170   28 Oct 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jxv9f32j0zp.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-revival-of-the-private-rental-sector-of-the-housing-market_5jxv9f32j0zp-en
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A Revival of the Private Rental Sector of the Housing Market?
Rik de Boer, Rosamaria Bitetti
This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares experiences with policies and reforms in Germany, the Netherlands, Finland and the Czech Republic. Although in many countries the PRS has decreased in importance since the Second...
  N° 1074   01 July 2013 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k43nxm8hfvf.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-simple-fiscal-stress-testing-model_5k43nxm8hfvf-en
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A Simple Fiscal Stress Testing Model
Ondra Kamenik, Zdenek Tuma, David Vavra, Zuzana Smidova
This paper develops a simple model-based framework for stress testing fiscal consolidation strategies under different scenarios of future shocks. A baseline scenario assuming a gradual debt consolidation is presented and by assuming different future developments (e.g. lower potential growth)...
  N° 816   23 Nov 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5km398t8tqkf.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-simple-model-of-the-relationship-between-productivity-saving-and-the-current-account_5km398t8tqkf-en
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A Simple Model of the Relationship Between Productivity, Saving and the Current Account
Jean-Marc Fournier, Isabell Koske
This paper uses a simple dynamic stochastic general equilibrium model to explore the qualitative impact of productivity shocks on current account positions via their impact on the saving behaviour of households. The analysis shows that the direction of the impact is ambiguous from a theoretical...
  N° 800   26 Aug 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5km7pf8xkvxs.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-simulation-model-of-federal-provincial-and-territorial-government-accounts-for-the-analysis-of-fiscal-consolidation-strategies-in-canada_5km7pf8xkvxs-en
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A Simulation Model of Federal, Provincial and Territorial Government Accounts for the Analysis of Fiscal-Consolidation Strategies in Canada
Yvan Guillemette
This paper presents a simulation model of the main budget aggregates of federal, provincial and territorial governments in Canada. The general approach is to use a cyclical indicator (output gap), estimate the sensitivity of government revenue and expenditure to this cyclical indicator using...
  N° 286   08 Feb 2001 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj81jd.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-small-global-forecasting-model_628640803664
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A Small Global Forecasting Model
David Rae, David Turner
This paper describes the OECD’s new small global forecasting model for the three main OECD economic regions: the United States, the euro area, and Japan. The key variables – which include output, inflation, the trade balance, and import prices – are driven by monetary and fiscal policy,...
  N° 136   01 Jan 1993 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj880r.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-study-of-the-distribution-system-in-japan_150587255461
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A Study of the Distribution System in Japan
Masayoshi Maruyama
This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries.The paper gives an overview of the structure of the Japanese distribution system and discusses its economic performance, both on the grounds of...
  N° 89   01 Dec 1990 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj89xv.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-survey-of-studies-of-the-costs-of-reducing-greenhouse-gas-emissions_266327840518
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A Survey of Studies of the Costs of Reducing Greenhouse Gas Emissions
Peter Hoeller, Andrew Dean, Jon Nicolaisen
This paper surveys various estimates of the macroeconomic implications of reducing greenhouse gas emissions. Most available studies focus on policies to reduce CO2 emissions and are limited to the costs of such policies. The survey first examines the key factors shaping baseline emission...
  N° 636   17 Sep 2008 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kzdcszwd79t.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-taxonomy-of-instruments-to-reduce-greenhouse-gas-emissions-and-their-interactions_236846121450
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A Taxonomy of Instruments to Reduce Greenhouse Gas Emissions and their Interactions
Romain Duval
This paper reviews alternative (national and international) climate change mitigation policy instruments and interactions across them. Carbon taxes, cap-and-trade schemes, standards and technology-support policies (R&D and clean technology deployment) in particular are assessed according to...
  N° 908   21 Dec 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kg0t00hd0g3.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-welfare-analysis-of-climate-change-mitigation-policies_5kg0t00hd0g3-en
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A Welfare Analysis of Climate Change Mitigation Policies
Alain de Serres, Fabrice Murtin
This paper assesses some welfare consequences of climate change mitigation policies. In the same vein as Becker, Philipson and Soares (2005), a simple index of economic progress weighs in the monetary cost induced by mitigation policies as well as the health benefits arising from the reduction...
  N° 197   15 May 1998 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj85hg.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/apec-trade-liberalisation_754552062461
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APEC Trade Liberalisation
Seunghee Han, Inkyo Cheong
Over the past decade, globalisation has been a pervasive trend in almost all economies. The world economy is becoming increasingly interdependent, deepening and intensifying international linkages, most notably in trade. As trade expands among nations throughout the world, integration of the...
  N° 642   30 Sep 2008 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kzc3dzmxp5k.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/accounting-for-one-off-operations-when-assessing-underlying-fiscal-positions_236220765316
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Accounting for One-off Operations when Assessing Underlying Fiscal Positions
Isabelle Joumard, Makoto Minegishi, Christophe André, Chantal Nicq, Robert W.R. Price
Frequent recourse to large one-off operations in a number of OECD countries has undermined the accuracy of cyclically adjusted fiscal balances as a measure of both the sustainability of public finance and the fiscal stance. This paper first provides detailed information on the nature and amount...
  N° 404   30 Sep 2004 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj75wd.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/accounting-for-russia-s-post-crisis-growth_537250231174
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Accounting for Russia's Post-Crisis Growth
Rudiger Ahrend
This paper provides an in depth analysis of Russia’s recent growth, with a view to understanding the prospects for its continuation. It examines in detail the main drivers of growth, as well as the main developments and policies that have been underlying it. A key finding is that the role of...
  N° 681   06 Mar 2009 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5ksm9lnmkj48.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/achieving-fiscal-flexibility-and-safeguarding-sustainability_226231818862
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Achieving Fiscal Flexibility and Safeguarding Sustainability
Isabell Koske
Euro area entry calls for more fiscal flexibility to absorb cyclical shocks that cannot be dealt with by the common monetary policy. At the same time fiscal consolidation must not be put at risk, especially given rising ageing related costs. The current fiscal framework could be improved by...
  N° 732   03 Nov 2009 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5ks77166xm8t.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/achieving-higher-performance-enhancing-spending-efficiency-in-health-and-education-in-mexico_220731242856
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Achieving Higher Performance: Enhancing Spending Efficiency in Health and Education in Mexico
Cyrille Schwellnus
Despite progress over the past two decades Mexico?s health and education indicators remain well below the average of the OECD and some of its Latin American emerging market peers. Health insurance coverage is incomplete, especially for low-income families, and access to health services is...
  N° 618   27 June 2008 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kzhpz2n6rhl.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/achieving-sustainability-of-the-energy-sector-in-canada_241263284264
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Achieving Sustainability of the Energy Sector in Canada
Annabelle Mourougane
Energy represents a major sustainable-development challenge for Canada. In the short term, labour shortages and infrastructure bottlenecks are likely to hinder energy developments and need to be addressed. In addition, provincial fiscal management could be improved by adopting prudent...
  N° 964   05 June 2012 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k97gkdc52jl.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/achieving-the-low-carbon-green-growth-vision-in-korea_5k97gkdc52jl-en
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Achieving the "Low Carbon, Green Growth" Vision in Korea
Randall S. Jones, Byungseo Yoo
Korea, which has had the highest growth rate of greenhouse gas emissions in the OECD area since 1990, adopted an ambitious Green Growth Strategy in 2009. It aims at reducing emissions by 30% by 2020 relative to a "business as usual" scenario, implying a 4% cut from the 2005 level. The Strategy...
  N° 516   15 Sep 2006 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5l9k76cg3qr4.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/adapting-the-icelandic-education-system-to-a-changing-environment_418774783534
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Adapting the Icelandic Education System to a Changing Environment
Hannes Suppanz
This paper reviews Iceland’s performance in skills accumulation against the backdrop of a rapidly changing economic environment and discusses directions for further improvements. Since the late 1990s, the government has considerably raised expenditure on education, which is now among the...
  N° 914   06 Dec 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kg0s2dnrbxq.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/addressing-challenges-in-the-energy-sector-in-israel_5kg0s2dnrbxq-en
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Addressing Challenges in the Energy Sector in Israel
Philip Hemmings
Offshore natural-gas discoveries have released Israel from complete reliance on imported primary fuels and are allowing for a cleaner energy mix. Furthermore, additional production will soon come on stream, and there is a reasonable chance of new commercially viable gas finds, and possibly of...
  N° 1164   16 Sep 2014 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5jxx0558mfbv.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/addressing-high-household-debt-in-korea_5jxx0558mfbv-en
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Addressing High Household Debt in Korea
Randall S. Jones, Myungkyoo Kim
Rising household debt has become a major policy concern in Korea. By the end of 2012, it had risen to 164% of disposable income, well above the OECD average of 133%. In addition to the economic impact and the risk to the financial sector, it raises social cohesion issues, as households with low...
  N° 868   25 May 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kgc42t3zqkl.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/adjusting-fiscal-balances-for-asset-price-cycles_5kgc42t3zqkl-en
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Adjusting Fiscal Balances for Asset Price Cycles
Robert W.R. Price, Thai-Thanh Dang
This paper develops a method for adjusting structural budget balances for asset price cycles and presents estimates of structural budget balances corrected for house-price and equity-price cycles for OECD countries. The traditional cyclically adjusted budget balance indicator, which is the...
  N° 682   06 Mar 2009 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5ksm95s0b6vk.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/adjusting-housing-policies-in-slovakia-in-light-of-euro-adoption_226173687724
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Adjusting Housing Policies in Slovakia in Light of Euro Adoption
Felix Hüfner
House prices have risen strongly in past years, helped by rising incomes and declining interest rates. At the same time, construction of new dwellings has remained fairly muted and has only recently shown signs of picking up. A characteristic feature of the Slovak housing market, and a...
  N° 117   01 Apr 1992 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj890q.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/adjustment-under-fixed-exchange-rates_308482533382
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Adjustment under Fixed Exchange Rates
A. Steven Englander, Thomas Egebo
The increasing, and ultimately complete, fixity of exchange rates between countries entering into the European Monetary Union (EMU) throws the burden of adjustment onto labour and product markets. At present, most countries adhering to the exchange rate mechanism of the EMS have relatively...
  N° 757   19 Apr 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kmh5gnsb937.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/advancing-structural-reforms-in-oecd-countries_5kmh5gnsb937-en
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Advancing Structural Reforms in OECD Countries
William Tompson, Thai-Thanh Dang
This paper presents in summary form the findings that emerge from a study of 20 structural reform episodes in 10 OECD countries. The study’s principal messages may be summarised as follows. First, it pays to have an electoral mandate for reform. Secondly, major reforms should be accompanied...
  N° 820   06 Dec 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5km36j745fbt.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/after-the-crisis_5km36j745fbt-en
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After the Crisis
Łukasz Rawdanowicz
Turkey is recovering from a severe recession. Once growth gains full speed, the authorities will likely face the challenge of widening external imbalances and of ensuring a smooth functioning of the financial markets. The former will require improving competitiveness, raising domestic saving,...
  N° 766   12 May 2010 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5kmft7nhvx0n.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/after-the-crisis-bringing-german-public-finances-back-to-a-sustainable-path_5kmft7nhvx0n-en
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After the Crisis - Bringing German Public Finances Back to a Sustainable Path
Isabell Koske
Past consolidation has allowed the automatic stabilisers to operate fully during the crisis. Further fiscal easing in late 2008 and early 2009 contributed to a markedly widening fiscal deficit in 2010. A newly enacted fiscal rule, which limits the structural budget deficit of the federal...
  N° 361   25 June 2003 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj7x6h.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/after-the-telecommunications-bubble_311813664474
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After the Telecommunications Bubble
Patrick Lenain,
An unprecedented "boom and bust" investment cycle occurred in the high-tech industries at the turn of the century, in particular in the telecommunications sector. Regulatory reforms and technological innovation fuelled expectations of robust growth in traffic, revenue and earnings. Eventually,...
  N° 61   01 Jan 1989 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8c0p.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/ageing-populations_401111720150
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Ageing Populations
Robert P. Hagemann, Giuseppe Nicoletti
Recent swings in fertility rates, combined with anticipated increases in life expectancy, are expected to result in a significant increase in the number and proportion of elderly persons in the first half of the next century. This "ageing" of OECD populations is expected to have widespread...
  N° 156   01 Jan 1995 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8738.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/ageing-populations-pension-systems-and-government-budgets_333823847807
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Ageing Populations, Pension Systems and Government Budgets
Willi Leibfritz, Deborah Roseveare, Douglas Fore, Eckhard Wurzel
The paper examines the effects of demographic changes on government budgets and national savings. Most OECD countries will experience a rapid ageing of the population in the future and this development will put public pensions, health care systems and government budgets in general under...
  N° 168   01 Jan 1996 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj86ln.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/ageing-populations-pension-systems-and-government-budgets_463240307711
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Ageing Populations, Pension Systems and Government Budgets
Deborah Roseveare, Willi Leibfritz, Douglas Fore, Eckhard Wurzel
This paper presents simulations of the impact of age-related public expenditures on overall government budget positions and on national savings for 20 countries. Using demographic projections prepared by the World Bank, models have been constructed for the evolution of public pension...
  N° 428   10 May 2005 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgp4zfnkbth.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/ageing-welfare-serviced-and-municipalities-in-finland_614657702086
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Ageing, Welfare Serviced and Municipalities in Finland
Jens Lundsgaard
With population ageing setting in sooner and more forcefully than in other OECD countries, Finland needs to reorder its fiscal priorities so as to ensure fiscal sustainability. That will require considerable reform as public spending currently expands vigorously. While GDP growth has slowed...
  N° 267   12 Oct 2000 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj827f.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/aggregate-growth_303067464021
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Aggregate Growth
John Haltiwanger
This paper provides a synthesis of what is known about the determinants of output growth based on studying microeconomic data sets. It starts with a summary of the theoretical explanations which help reconcile heterogeneous performance observed across establishments in the same sector. The...
  N° 26   01 Nov 1985 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8dnx.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/aggregate-supply-in-interlink_080723842221
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Aggregate Supply in INTERLINK
John F. Helliwell, Peter Sturm, Peter Jarrett, Gérard Salou
This paper describes modifications to, and further developments of, the supply block in the Secretariat's INTERLINK world model as of the autumn of 1985. The objective of the work was to strengthen the role of supply side elements, in particular profitability, in the model. In the process,...
  N° 476   30 Jan 2006 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5l9x4l1zv8vd.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/alternative-measures-of-well-being_832614168015
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Alternative Measures of Well-Being
Romina Boarini, Åsa Johansson, Marco Mira d'Ercole
This paper assesses if GDP per capita is an adequate proxy as a measure of wellbeing or whether other indicators are more suitable for this purpose. Within the national accounts framework, other better measures of economic resources exist, but they are closely correlated with GDP per capita and...
  N° 53   01 Apr 1988 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8chk.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/alternative-solution-methods-in-applied-general-equilibrium-analysis_830687701718
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Alternative Solution Methods in Applied General Equilibrium Analysis
Richard G. Harris
This paper discusses the relative strengths and weaknesses of alternative solution methods in applied general equilibrium (AGE) analysis. The particular focus is not on the technical properties of solution algorithms, but instead deals with the general issue of using linearised approximation...
  N° 973   30 July 2012 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5k9777lqshs5.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/an-analysis-of-productivity-performance-in-spain-before-and-during-the-crisis_5k9777lqshs5-en
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An Analysis of Productivity Performance in Spain Before and During the Crisis
Juan S. Mora Sanguinetti, Andrés Fuentes
The Spanish economy experienced significantly weaker labour productivity growth than other OECD economies and failed to catch up with the most advanced economies in the period 1996-2007. In recent years labour productivity growth has accelerated, but this recovery is likely to be due to...
  N° 135   01 Jan 1993 Click to Access: 
    http://oecd.metastore.ingenta.com/content/5lgsjhvj8824.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/an-analysis-of-the-u-s-distribution-system_587542107024
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An Analysis of the U.S. Distribution System
Roger R. Betancourt
This paper forms part of an OECD project which addressed the issue of the structure and change in the distribution systems of seven OECD countries.The paper begins with a conceptual framework describing the functions, market outcomes and economic implications of the distribution sector. Next,...
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