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2019 OECD Economic Outlook, Volume 2019 Issue 2

image of OECD Economic Outlook, Volume 2019 Issue 2

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a series of focus notes on selected macroeconomic and structural issues, and a chapter summarising developments and providing projections for each individual country.

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Focus Note 2: Escaping the low-inflation trap

The issues discussed in this note are developed at greater length, based around empirical analysis of estimated Phillips curve relationships for all OECD countries, in Turner et al. (2019).

English French, German

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