Mark | Date Date | Title Title | |||
---|---|---|---|---|---|
No. 54 | 01 May 1988 |
Tests of Total Factor Productivity Measurement
Although considerable effort has been expended on constructing measures of total factor productivity, there has been little subsequent effort at verifying that the constructed data have the expected properties. This paper proposes a number of tests... |
|||
No. 53 | 01 Apr 1988 |
Alternative Solution Methods in Applied General Equilibrium Analysis
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... |
|||
No. 52 | 01 Apr 1988 |
The So-Called "Non-Economic" Objectives of Agricultural Policy
Agricultural support costs OECD countries billions of dollars per year in lost income. It is frequently argued, however, that this is not waste, but is rather a fair price to pay for a number of "non-economic" objectives such as thriving rural... |
|||
No. 51 | 01 Apr 1988 |
The Effects of Monetary Policy on the Real Sector
The purpose of this study is to assess the current state of understanding about the effects of monetary policy, both at the conceptual level and in the light of the experience of the seven major OECD countries (the United States, Japan, Germany,... |
|||
No. 50 | 01 Jan 1988 |
Private Consumption, Inflation and the "Debt Neutrality Hypothesis"
This paper examines the empirical basis for the debt-neutrality hypothesis in an international cross-section of eight major OECD countries over the period 1961-85. The analysis uses a dynamic demand system for durable and non-durable goods derived... |
|||
No. 49 | 01 Feb 1988 |
Are Commodity Prices Leading Indicators of OECD Prices?
This paper examines the hypothesis that commodity price trends are useful indicators of OECD price developments. After a discussion of statistical techniques to assess the time series properties of individual price indices, integration and... |
|||
No. 48 | 01 Dec 1987 |
The Medium-Term Macroeconomic Strategy Revisited
This paper discusses several aspects of the medium-term orientation of OECD countries' economic policies in the 1980s, concentrating on monetary and fiscal instruments. The developments that led to the adoption of such a "medium-term strategy", and... |
|||
No. 47 | 01 Jul 1987 |
A Review of the Simulation Properties of OECD's INTERLINK Model
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... |
|||
No. 46 | 01 Jun 1987 |
Recent Developments in OECD's International Macroeconomic Model
This paper summarizes recent empirical studies contributing towards the OECD Secretariat INTERLINK world macroeconomic model. For a number of topics, it reviews work which is described in more detail in recent Economics and Statistics Department... |
|||
No. 45 | 01 Jun 1987 |
International Investment-Income Determination in INTERLINK
This paper presents the specification of an investment-income model for 23 OECD countries and six non-OECD regions. The basic structure of the model -- an effective rate of return applied to the stock of foreign assets and liabilities -- is... |
|||
No. 44 | 01 Jul 1987 |
Price Determination in the Major Seven Country Models in INTERLINK
This paper presents new domestic price blocks for the major seven economies in INTERLINK, the Economics and Statistics Department's world econometric model. Theoretical, statistical and practical aspects of new behavioural price equations are... |
|||
No. 43 | 01 Jun 1987 |
Import and Export Price Equations for Manufactures
This paper presents a new system for the consistent determination of import and export prices of manufactured products for use in the world trade block of the OECD INTERLINK model. It uses a system design which directly couples the bilateral... |
|||
No. 42 | 01 Jun 1987 |
OECD Economic Activity and Non-Oil Commodity Prices
This paper gives an overview of the determination of non-oil commodity prices in the Economics and Statistics Department's INTERLINK world model. The practical problems which have been encountered, in particular in the context of full simulations are... |
|||
No. 41 | 01 Apr 1987 |
A Revised Supply Block for the Major Seven Countries in INTERLINK
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... |
|||
No. 40 | 01 Aug 1987 |
Tax Reform in OECD Countries
This paper examines the question of tax reform in OECD countries. First, the reasons for tax reform are reviewed. These include economic efficiency arguments as well as concerns about equity which are often a major consideration. Next, the paper... |
|||
No. 39 | 01 Feb 1987 |
Monetary Policy in the Second Half of the 1980s
This paper discusses how monetary policy might assist macroeconomic performance in the second half of the 1980s in the G-10 countries, without compromising the medium-term objective of price stability. From this perspective, the recent stance of... |
|||
No. 38 | 01 Feb 1987 |
Tracking the U.S. External Deficit, 1980-1985
This paper provides an analysis of the recent evolution of the U.S. current account external deficit in the context of the OECD Secretariat world model, INTERLINK. It seeks to assess to what extent developments in the U.S. current balance since 1980... |
|||
No. 37 | 01 Nov 1986 |
Internationalisation of Financial Markets
This paper analyses the effects of the internationalisation of financial markets on the conduct of macroeconomic policy and the allocation of capital. It first examines the increased integration between domestic and external (or "Euro") financial... |
|||
No. 36 | 01 Sept 1986 |
The Government Household Transfer Data Base 1960-1984
The Government Household Transfer data base (GHT) consists of annual statistics on social security and welfare transfers to households from government, covering the period 1960-84. Social security benefits are classified by subfunction according to... |
|||
No. 35 | 01 Jul 1986 |
Wealth and Inflation Effects in the Aggregate Consumption Function
This paper examines some alternative specifications of the aggregate consumption function for eight OECD countries. Wealth effects are potentially important as determinants of consumption and as a transmission channel from monetary influences to real... |
OECD Economics Department Working Papers
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.
English, French
- ISSN: 18151973 (online)
- https://doi.org/10.1787/18151973
1781 - 1800 of 1834 results
Tests of Total Factor Productivity Measurement
A. Steven Englander
01 May 1988
Although considerable effort has been expended on constructing measures of total factor productivity, there has been little subsequent effort at verifying that the constructed data have the expected properties. This paper proposes a number of tests...
Alternative Solution Methods in Applied General Equilibrium Analysis
Richard G. Harris
01 Apr 1988
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...
The So-Called "Non-Economic" Objectives of Agricultural Policy
L. Alan Winters
01 Apr 1988
Agricultural support costs OECD countries billions of dollars per year in lost income. It is frequently argued, however, that this is not waste, but is rather a fair price to pay for a number of "non-economic" objectives such as thriving rural...
The Effects of Monetary Policy on the Real Sector
Jean-Claude Chouraqui, Michael Driscoll and Marc-Olivier Strauss-Kahn
01 Apr 1988
The purpose of this study is to assess the current state of understanding about the effects of monetary policy, both at the conceptual level and in the light of the experience of the seven major OECD countries (the United States, Japan, Germany,...
Private Consumption, Inflation and the "Debt Neutrality Hypothesis"
Giuseppe Nicoletti
01 Jan 1988
This paper examines the empirical basis for the debt-neutrality hypothesis in an international cross-section of eight major OECD countries over the period 1961-85. The analysis uses a dynamic demand system for durable and non-durable goods derived...
Are Commodity Prices Leading Indicators of OECD Prices?
Martine Durand and Sveinbjörn Blöndal
01 Feb 1988
This paper examines the hypothesis that commodity price trends are useful indicators of OECD price developments. After a discussion of statistical techniques to assess the time series properties of individual price indices, integration and...
The Medium-Term Macroeconomic Strategy Revisited
Jean-Claude Chouraqui, Kevin Clinton and Robert Bruce Montador
01 Dec 1987
This paper discusses several aspects of the medium-term orientation of OECD countries' economic policies in the 1980s, concentrating on monetary and fiscal instruments. The developments that led to the adoption of such a "medium-term strategy", and...
A Review of the Simulation Properties of OECD's INTERLINK Model
Pete Richardson
01 Jul 1987
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...
Recent Developments in OECD's International Macroeconomic Model
Pete Richardson
01 Jun 1987
This paper summarizes recent empirical studies contributing towards the OECD Secretariat INTERLINK world macroeconomic model. For a number of topics, it reviews work which is described in more detail in recent Economics and Statistics Department...
International Investment-Income Determination in INTERLINK
David T. Coe, Richard Herd and Marie-Christine Bonnefous
01 Jun 1987
This paper presents the specification of an investment-income model for 23 OECD countries and six non-OECD regions. The basic structure of the model -- an effective rate of return applied to the stock of foreign assets and liabilities -- is...
Price Determination in the Major Seven Country Models in INTERLINK
Ulrich Stiehler
01 Jul 1987
This paper presents new domestic price blocks for the major seven economies in INTERLINK, the Economics and Statistics Department's world econometric model. Theoretical, statistical and practical aspects of new behavioural price equations are...
Import and Export Price Equations for Manufactures
Richard Herd
01 Jun 1987
This paper presents a new system for the consistent determination of import and export prices of manufactured products for use in the world trade block of the OECD INTERLINK model. It uses a system design which directly couples the bilateral...
OECD Economic Activity and Non-Oil Commodity Prices
Gerald Holtham and Martine Durand
01 Jun 1987
This paper gives an overview of the determination of non-oil commodity prices in the Economics and Statistics Department's INTERLINK world model. The practical problems which have been encountered, in particular in the context of full simulations are...
A Revised Supply Block for the Major Seven Countries in INTERLINK
Peter Jarrett and Raymond Torres
01 Apr 1987
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...
Tax Reform in OECD Countries
Robert P. Hagemann, Brian R. Jones and Robert Bruce Montador
01 Aug 1987
This paper examines the question of tax reform in OECD countries. First, the reasons for tax reform are reviewed. These include economic efficiency arguments as well as concerns about equity which are often a major consideration. Next, the paper...
Monetary Policy in the Second Half of the 1980s
Kevin Clinton and Jean-Claude Chouraqui
01 Feb 1987
This paper discusses how monetary policy might assist macroeconomic performance in the second half of the 1980s in the G-10 countries, without compromising the medium-term objective of price stability. From this perspective, the recent stance of...
Tracking the U.S. External Deficit, 1980-1985
Pete Richardson
01 Feb 1987
This paper provides an analysis of the recent evolution of the U.S. current account external deficit in the context of the OECD Secretariat world model, INTERLINK. It seeks to assess to what extent developments in the U.S. current balance since 1980...
Internationalisation of Financial Markets
Mitsuhiro Fukao and Masaharu Hanazaki
01 Nov 1986
This paper analyses the effects of the internationalisation of financial markets on the conduct of macroeconomic policy and the allocation of capital. It first examines the increased integration between domestic and external (or "Euro") financial...
The Government Household Transfer Data Base 1960-1984
Rita Varley
01 Sept 1986
The Government Household Transfer data base (GHT) consists of annual statistics on social security and welfare transfers to households from government, covering the period 1960-84. Social security benefits are classified by subfunction according to...
Wealth and Inflation Effects in the Aggregate Consumption Function
G.H. Holtham and H. Kato
01 Jul 1986
This paper examines some alternative specifications of the aggregate consumption function for eight OECD countries. Wealth effects are potentially important as determinants of consumption and as a transmission channel from monetary influences to real...