OECD Economics Department Working Papers

Long-term Patterns of Trade and Specialisation
1815-1973 (en ligne)
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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° 1136) … , 2 (N° 1086) , 3 (N° 1036) , 4 (N° 986) … 23 (N° 34) | Suivant
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  N° 1036   27 mars 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/income-inequality-and-poverty-in-colombia-part-1-the-role-of-the-labour-market_5k487n74s1f1-en
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Income Inequality and Poverty in Colombia - Part 1. The Role of the Labour Market
Isabelle Joumard, Juliana Londoño Vélez
Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. Income dispersion largely originates from the labour market, which is characterised by a still high unemployment rate, a pervasive informal sector and a wide wage dispersion...
  N° 1035   20 mars 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/policy-options-to-durably-resolve-euro-area-imbalances_5k49lcnzkn20-en
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Policy Options to Durably Resolve Euro Area Imbalances
Yvan Guillemette, David Turner
A simple econometric framework is presented linking current account balances of euro area countries to intra and extra euro area competitiveness, cyclical positions, fiscal positions and the oil price. The framework is then used to cyclically-adjust observed current account balances and...
  N° 1034   08 mars 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/labour-market-welfare-reform-and-inequality-in-the-united-kingdom_5k49lcnl9cr8-en
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Labour Market, Welfare Reform and Inequality in the United Kingdom
Christophe André, Clara Garcia, Giulia Giupponi, Jon Kristian Pareliussen
Employment has risen by more and unemployment has risen less than expected, given the path of output. Nevertheless, long-term and youth unemployment and involuntary part-time work are high. A polarised labour market risks worsening income inequality, which is high by OECD standards, despite...
  N° 1033   08 mars 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/work-incentives-and-universal-credit_5k49lcn89rkf-en
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Work Incentives and Universal Credit
Jon Kristian Pareliussen
Under the Universal Credit reform, the main means-tested benefits except the Council Tax Benefit will be pooled into one single benefit with one single taper rate. The reform will give people better incentives to work, reduce complexity and contribute to reducing poverty. The reform could...
  N° 1032   08 mars 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/strengthening-social-cohesion-in-luxembourg_5k49lcrgv2g4-en
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Strengthening Social Cohesion in Luxembourg
Jean-Marc Fournier, Clara Garcia
Luxembourg is a rich and fast-growing country. However, inequality of disposable incomes has trended up modestly over the past decades and relative poverty has risen reflecting mainly the rapid growth of high incomes. The relatively high inequality of market incomes is substantially reduced by...
  N° 1031   08 mars 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-price-of-oil-will-it-start-rising-again_5k49q186vxnp-en
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The Price of Oil – Will it Start Rising Again?
Jean-Marc Fournier, Isabell Koske, Isabelle Wanner, Vera Zipperer
Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and, hence, the price of the resource. A set of oil demand...
  N° 1030   27 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-system-of-revenue-sharing-and-fiscal-transfers-in-china_5k4bwnwtmx0r-en
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The System of Revenue Sharing and Fiscal Transfers in China
Xiao Wang, Richard Herd
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
  N° 1029   08 jan 2014 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-declining-competitiveness-of-french-firms-reflects-a-generalised-supply-side-problem_5k4c0dldmgr2-en
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The Declining Competitiveness of French Firms Reflects a Generalised Supply-Side Problem
Hervé Boulhol, Patrizio Sicari
This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area. The determinants of this outcome seem...
  N° 1028   25 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/do-the-average-level-and-dispersion-of-socio-economic-background-measures-explain-france-s-gap-in-pisa-scores_5k4bxkv1d96k-en
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Do the Average Level and Dispersion of Socio-Economic Background Measures Explain France's Gap in PISA Scores?
Hervé Boulhol, Patrizio Sicari
OECD’s PISA publications highlight the impact of economic, social and cultural status (ESCS) on students’ results within countries. The focus here is to investigate whether ESCS measures could contribute to differences in aggregate educational outcomes between countries. There is some evidence...
  N° 1027   21 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/labour-market-performance-by-age-groups-a-focus-on-france_5k4c0dnhc58x-en
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Labour Market Performance by Age Groups: A Focus on France
Hervé Boulhol, Patrizio Sicari
This paper analyses the age structure of employment rates across OECD countries with a focus on France. The statistical contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age-specific unemployment rates to the economic...
  N° 1026   21 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/moving-towards-a-single-labour-contract_5k4c0vvc4zxv-en
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Moving Towards a Single Labour Contract
Nicolas Lepage-Saucier, Juliette Schleich, Etienne Wasmer
This paper discusses the pros and cons of a single labour contract. After reviewing the current state of dualism in labour markets and the recent labour reforms in Europe, we discuss the various proposals to eliminate dualism. Next, we emphasise the costs of dualism and discuss whether they...
  N° 1025   18 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/boosting-productivity-in-australia_5k4c0vt9xhf3-en
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Boosting Productivity in Australia
Vassiliki Koutsogeorgopoulou, Omar Barbiero
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken...
  N° 1024   18 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/housing-financial-and-capital-taxation-policies-to-ensure-robust-growth-in-sweden_5k4c0vtc1kkk-en
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Housing, Financial and Capital Taxation Policies to Ensure Robust Growth in Sweden
Muge Adalet McGowan
Extensive structural reforms since the early 1990s have strengthened the resilience of the Swedish economy to shocks. However, more needs to be done to better manage near-term risks and ensure that growth remains sustainable in the longer run. Reforming the housing market would reduce the...
  N° 1023   18 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/labour-market-and-social-policies-to-foster-more-inclusive-growth-in-sweden_5k4c0vtwpttj-en
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Labour Market and Social Policies to Foster More Inclusive Growth in Sweden
Stéphanie Jamet, Thomas Chalaux, Vincent Koen
Sweden is a very egalitarian country but inequalities have risen and some groups are poorly integrated into the labour market. For growth to become more inclusive, the gap between the cost of labour and productivity for some groups needs to be reduced, transitions from education to work should...
  N° 1022   19 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/educational-attainment-and-labour-market-outcomes-in-south-africa-1994-2010_5k4c0vvbvv0q-en
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Educational Attainment and Labour Market Outcomes in South Africa, 1994-2010
Nicola Branson, Murray Leibbrandt
In this paper we document the impact of education levels on labour market outcomes from 1994 to 2010 using national household survey data. We show that higher levels of education are strongly rewarded in the labour market in terms of earnings and that a tertiary qualification improves an...
  N° 1021   18 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/education-quality-and-labour-market-outcomes-in-south-africa_5k4dlffrb18t-en
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Education Quality and Labour Market Outcomes in South Africa
Nicola Branson, Murray Leibbrandt
In this paper we include measures of school quality in regressions determining the labour market premiums to education level. We use the matric exemption score and the pupil/teacher ratio of the respondents’ closest school during childhood as proxies for education quality. We find that...
  N° 1020   30 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/do-policies-that-reduce-unemployment-raise-its-volatility_5k4c9kmlg08v-en
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Do Policies that Reduce Unemployment Raise its Volatility?
Alain de Serres, Fabrice Murtin
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its long-run volatility. Using non-linear panel data models applied to 24 OECD countries between 1985 and 2007, as well as Monte-Carlo techniques, we do not find any evidence of...
  N° 1019   05 fév 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/slovakia-a-catching-up-euro-area-member-in-and-out-of-the-crisis_5k4c9ktpf47g-en
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Slovakia: A Catching Up Euro Area Member In and Out of the Crisis
Jarko Fidrmuc, Caroline Klein, Robert W.R. Price, Andreas Wörgötter
The Slovak economy experienced a strong but short recession in 2009. The recovery afterwards was driven by exports and investment. While GDP growth was one of the strongest in OECD, employment did not reach the pre-crisis level and unemployment remains stubbornly high. This paper argues that...
  N° 1018   29 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/improving-the-fiscal-framework-to-enhance-growth-in-an-era-of-fiscal-consolidation-in-slovakia_5k4c9kv6b7f2-en
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Improving the Fiscal Framework to Enhance Growth in an Era of Fiscal Consolidation in Slovakia
Caroline Klein, Robert W.R. Price, Andreas Wörgötter
The challenge for fiscal policy in Slovakia is to achieve fiscal consolidation in a way which supports the fragile recovery and protects spending on areas which are important for re-embarking on a trajectory of high trend growth and underpinning a catch-up in living standards. While the...
  N° 1017   29 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/investing-efficiently-in-education-and-active-labour-market-policies-in-slovakia_5k4c9kvmv3g4-en
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Investing Efficiently in Education and Active Labour Market Policies in Slovakia
Caroline Klein
In Slovakia, educational outcomes are below the OECD average and are too dependent on the socioeconomic background of students. Unemployment is high and the school-to-job transition process does not work well. Spending on education and active labour market policies are very low by international...
  N° 1016   28 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-performance-of-road-transport-infrastructure-and-its-links-to-policies_5k4ddxjvpfr5-en
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The Performance of Road Transport Infrastructure and its Links to Policies
Henrik Braconier, Mauro Pisu, Debra Bloch
Despite the economic importance of the road transport sector, there is no systematic cross-country evidence on the sector’s efficiency. This paper develops a conceptual framework for analysing the social efficiency of the road transport sector, including non-market inputs – such as travel time...
  N° 1015   28 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-us-labour-market-recovery-following-the-great-recession_5k4ddxp3xlvf-en
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The US Labour Market Recovery Following the Great Recession
Wendy Dunn
Although job creation has improved, since the end of the 2007-08 recession, the effects of the recession on the labour market remain severe. Unemployment duration is still extremely high, and many have withdrawn from the labour market altogether. Because the weakness is largely cyclical in...
  N° 1014   14 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/why-do-russian-firms-use-fixed-term-and-agency-work-contracts_5k4dlf1ctsbv-en
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Why do Russian Firms Use Fixed-Term and Agency Work Contracts?
Larisa Smirnykh, Andreas Wörgötter
This study looks into the use of fixed term contracts and agency work in Russia during and shortly after the crisis 2009-10 with the help of an enterprise survey. The results of variance analysis show that the use of fixed-term or agency work contracts is not uniform across sectors, size and...
  N° 1013   14 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-equity-implications-of-fiscal-consolidation_5k4dlvx2wjq0-en
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The Equity Implications of Fiscal Consolidation
Łukasz Rawdanowicz, Eckhard Wurzel, Ane Kathrine Christensen
In several OECD countries, ongoing fiscal consolidation might have a negative impact on the static income distribution. However, this conclusion should be treated only as an approximate first step in the analysis. A full assessment of distributional effects of consolidation packages would need...
  N° 1012   14 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-dutch-labour-market_5k4dlff4wcwl-en
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The Dutch Labour Market
Mathijs Gerritsen, Jens Høj
The well performing labour market has delivered low unemployment and relatively stable wage developments. However, it is divided into a small flexible segment and a large more rigid segment, where the adjustment burden of external shocks falls disproportionally on the first group. At the same...
  N° 1011   14 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/reforming-policies-for-the-business-sector-to-harvest-the-benefits-of-globalisation-in-the-netherlands_5k4dlffl1kkk-en
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Reforming Policies for the Business Sector to Harvest the Benefits of Globalisation in the Netherlands
Mathijs Gerritsen, Jens Høj
The Netherlands has strongly benefited from globalisation, which boosted international trade, cross-border investment and economic growth over the latest decades. Looking ahead, the Netherlands needs to shift the trade and investment orientation from traditional slow-growing markets to faster...
  N° 1010   11 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/health-care-reform-and-long-term-care-in-the-netherlands_5k4dlw04vx0n-en
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Health Care Reform and Long-Term Care in the Netherlands
Erik Schut, Stéphane Sorbe, Jens Høj
The Netherlands, as other OECD countries, faces the challenge of providing high quality health and long-term care services to an ageing population in a cost-efficient manner. In the health care sector, reforms have aimed at introducing more competition. Despite major changes and some positive...
  N° 1009   15 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/enhancing-the-inclusiveness-of-the-labour-market-in-belgium_5k4dl080l5d2-en
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Enhancing the Inclusiveness of the Labour Market in Belgium
Jens Høj
The global crisis led to a smaller increase in the unemployment rate than in most other OECD countries as employment has been sustained through intensive use of reduced working time schemes. These schemes have mostly benefited workers with permanent contracts while the higher unemployment...
  N° 1008   10 déc 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/reducing-poverty-in-estonia-through-activation-and-better-targeting_5k8xb72v68bx-en
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Reducing Poverty in Estonia Through Activation and Better Targeting
Sarah Flèche, Artur Radziwill
The crisis revealed the need for a strategic review of the existing social protection system in Estonia. Extreme income fluctuations on one side and low social benefits on the other side exposed fragile groups in the population to a significant poverty risk. The government has recently...
  N° 1007   10 déc 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/matching-skills-and-jobs-in-estonia_5k8xb73hhrd3-en
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Matching Skills and Jobs in Estonia
Lilas Demmou
The labour market in Estonia is volatile, increasing the risk that groups with some obstacles to enter the labour market (youth, non-Estonian speakers and workers with no upper secondary graduation certificate) may become long-term unemployed, due to the aggravating skills mismatch in the wake...
  N° 1006   07 déc 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/debt-and-macroeconomic-stability-an-overview-of-the-literature-and-some-empirics_5k8xb75txzf5-en
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Debt and Macroeconomic Stability: An Overview of the Literature and Some Empirics
Douglas Sutherland, Peter Hoeller
How does debt affect macroeconomic stability? The answer to this question has important implications, because both public and private debt levels have reached historic highs across the OECD. While accumulating debt can help smooth real activity, at high levels debt creates weaknesses in...
  N° 1005   04 déc 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/debt-and-macroeconomic-stability-debt-and-the-business-cycle_5k8xb7613x9s-en
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Debt and Macroeconomic Stability: Debt and the Business Cycle
Volker Ziemann
Using a large panel of OECD countries this paper studies the link between debt and macroeconomic stability by comparing the evolution of balance sheet aggregates and economic output in high- and lowdebt environments. While the relationship between debt and economic growth has been extensively...
  N° 1004   07 déc 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/debt-and-macroeconomic-stability-case-studies_5k8xb76b34r7-en
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Debt and Macroeconomic Stability: Case studies
Rossana Merola
Accumulating debt raises concerns about its implications for macroeconomic stability. This paper sheds light on the implications of high indebtedness for the macroeconomic volatility by identifying the main drivers of the evolution of debt in a set of countries. The country choice was based on...
  N° 1003   06 déc 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/debt-and-macroeconomic-stability_5k8xb76rhstl-en
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Debt and Macroeconomic Stability
Douglas Sutherland, Peter Hoeller, Rossana Merola, Volker Ziemann
Debt levels have surged since the mid-1990s and have reached historic highs across the OECD. High debt levels can create vulnerabilities, which amplify and transmit macroeconomic and asset price shocks. Furthermore, high debt levels hinder the ability of households and enterprises to smooth...
  N° 1002   04 déc 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/reducing-greenhouse-gas-emissions-in-a-cost-effective-way-in-switzerland_5k8xff3tgd32-en
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Reducing Greenhouse Gas Emissions in a Cost Effective Way in Switzerland
Anita Wölfl, Patrizio Sicari
Switzerland has low greenhouse gas emissions per capita as compared to other countries, which reflects the strong reliance on energy sources emitting few greenhouse gas emissions, especially in electricity generation, and little heavy industry. Greenhouse gas emissions have remained almost the...
  N° 1001   22 nov 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/strengthening-innovation-in-the-united-states_5k8zl62hxmf6-en
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Strengthening Innovation in the United States
David Carey, Christopher Hill, Brian Kahin
The US innovation system has many strengths, including world class research universities and firms that thrive in innovation-intensive sectors. However, fissures have begun to appear, notably in the areas of human capital development, the patent system and manufacturing activity, while public...
  N° 1000   28 jan 2013 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/long-term-growth-scenarios_5k4ddxpr2fmr-en
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Long-Term Growth Scenarios
Åsa Johansson, Yvan Guillemette, Fabrice Murtin, David Turner, Giuseppe Nicoletti, Christine de la Maisonneuve, Philip Bagnoli, Guillaume Bousquet, Francesca Spinelli
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
  N° 999   20 nov 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/selected-aspects-of-household-savings-in-germany_5k8zpt6w2k7h-en
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Selected Aspects of Household Savings in Germany
Christina Kolerus, Isabell Koske, Felix Hüfner
This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate. Specifically, it analyses the impact of the precautionary savings motive and the impact of the 2002...
  N° 998   30 oct 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/improving-the-tax-system-in-indonesia_5k912j3r2qmr-en
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Improving the Tax System in Indonesia
Jens Arnold
Indonesia has come a long way in improving its tax system over the last decade, both in terms of revenues raised and administrative efficiency. Nonetheless, the tax take is still low, given the need for more spending on infrastructure and social protection. With the exception of the natural...
  N° 997   29 oct 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/unleashing-business-innovation-in-canada_5k912j63dn25-en
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Unleashing Business Innovation in Canada
Alexandra Bibbee
This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output growth. Many general framework conditions are highly favourable to business risk-taking and innovation, including macro stability, openness, strong human capital, low corporate tax...
  N° 996   24 oct 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/public-policy-and-resource-allocation_5k9158wpf727-en
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Public Policy and Resource Allocation
Dan Andrews, Federico Cingano
The correlation between a firm’s size and its productivity level varies considerably across OECD countries, suggesting that some countries are more successful at channelling resources to high productivity firms than others. Accordingly, we examine the extent to which regulations affecting...
  N° 995   17 oct 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/promoting-sme-development-in-indonesia_5k918xk464f7-en
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Promoting SME development in Indonesia
Annabelle Mourougane
Micro, small and medium-sized firms (MSMEs) are a key source of employment and economic growth in Indonesia. They contributed to the country’s economic resilience during the 2008-09 financial crisis. But many suffer from low productivity, curbing their role in boosting living standards. There...
  N° 994   17 oct 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/portugal-rebalancing-the-economy-and-returning-to-growth-through-job-creation-and-better-capital-allocation_5k918xjjzs9q-en
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Portugal: Rebalancing the Economy and Returning to Growth Through Job Creation and Better Capital Allocation
Álvaro Pina, Ildeberta Abreu
Low growth and huge current account deficits have characterised the Portuguese economy over the past decade. Easy credit in global markets, combined with the absence of incentives to limit loan-to-deposit ratios until recently, made it possible to finance internationally high levels of...
  N° 993   17 oct 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/public-debt-economic-growth-and-nonlinear-effects_5k918xk8d4zn-en
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Public Debt, Economic Growth and Nonlinear Effects
Balázs Égert
The economics profession seems to increasingly endorse the existence of a strongly negative nonlinear effect of public debt on economic growth. Reinhart and Rogoff (2010) were the first to point out that a public debt-to-GDP ratio higher than 90% of GDP is associated with considerably lower...
  N° 992   24 sep 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/choosing-the-pace-of-fiscal-consolidation_5k92n2xg106g-en
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Choosing the Pace of Fiscal Consolidation
Łukasz Rawdanowicz
In many OECD countries debt has soared to levels threatening fiscal sustainability, necessitating its reduction over the medium to longer term. This paper uses stylised simulations in a small, calibrated macroeconomic model which features endogenous interactions between fiscal policy, growth...
  N° 991   20 sep 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/tertiary-education_5k92pghq4247-en
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Tertiary Education: Developing Skills for Innovation and Long-Term Growth in Canada
Calista Cheung, Yvan Guillemette, Shahrzad Mobasher-Fard
The tertiary education system in Canada performs well in fostering a skilled workforce with generally good labour-market outcomes and is internationally recognised for its research contributions. Tertiary educational attainment is high, but participation rates will need to continue expanding to...
  N° 990   20 sep 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/trade-and-product-market-policies-in-upstream-sectors-and-productivity-in-downstream-sectors_5k92pgjgll7l-en
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Trade and Product Market Policies in Upstream Sectors and Productivity in Downstream Sectors
Maria Bas, Orsetta Causa
This paper explores the productivity impact of trade, product market and financial market policies over the last decade in China – a fast growing country where, despite significant reform action, regulatory stance remains still far from OECD standards. The paper makes a critical distinction...
  N° 989   18 sep 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/intangible-assets-resource-allocation-and-growth_5k92s63w14wb-en
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Intangible Assets, Resource Allocation and Growth
Dan Andrews, Alain de Serres
This paper explores the growing importance of intangible assets as a potential source of innovation and productivity gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by intangible assets depends on the ability to reallocate...
  N° 988   14 sep 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/current-account-benchmarks-for-turkey_5k92smtqp9vk-en
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Current Account Benchmarks for Turkey
Oliver Röhn
Turkey’s current account deficit widened to almost 10% of GDP in 2011 and has been narrowing only gradually since. An important question is to what extent Turkey’s current account deficit is excessive. To explore this issue, one needs to establish benchmarks. In this paper current account...
  N° 987   13 sep 2012 Cliquez pour accéder: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/structural-reforms-to-boost-turkey-s-long-term-growth_5k92smv7cnjl-en
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Structural Reforms to Boost Turkey's Long-Term Growth
Rauf Gönenç, Oliver Röhn, Vincent Koen, Şeref Saygili
Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara...
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