Working Papers


27-March-2012

English

The short-term effects of structural reforms: an empirical analysis

This paper sheds light on the impact of reforms over time, identifies the horizon over which their full effects materialise, and investigates whether such effects vary with prevailing economic conditions and institutions.

2-January-2012

English

Russia: progress in structural reform and framework conditions

In the 16 years since the OECD began conducting Economic Surveys of the Russian Federation, a great many policy recommendations relating to structural reform and framework conditions have been made.

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25-November-2011

English

Macroeconomic and structural policies to further stabilise the Mexican economy

Improvements in the macroeconomic policy framework over the past two decades and prudent regulation of the financial system have contributed to reduce output volatility in Mexico relative to other OECD countries.

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26-October-2011

English

Raising investment in Brazil

Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential reasons for these low investment rates and discusses policy options to achieve faster capital accumulation.

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26-October-2011

English

Promoting infrastructure development in Brazil

Brazil under-invested in infrastructure for over three decades, and infrastructure investment rates have come up only slowly since 2007. Infrastructure needs are sizeable in almost all sectors.

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20-September-2011

English

Has deregulation increased investment in infrastructure? Firm-level evidence from OECD countries

This paper investigates the role played by deregulation on firms’ investment decisions in infrastructure sectors.

28-July-2011

English

Can India achieve double-digit growth?

In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries.

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28-July-2011

English

How institutions shape the distributive impact of macroeconomic shocks: a DSGE analysis

This paper examines how the the distributive impact of macroeconomic shocks is shaped by selected institutions. It uses a dynamic stochastic general equilibrium (DSGE) framework with heterogeneous agents and an endogenous collateral constraint.

4-July-2011

English

The sharing of macroeconomic risk: who loses (and gains) from macroeconomic shocks

This paper addresses the often neglected question of how macroeconomic risk is shared across and within economies, and identifies reforms that could contribute towards achieving more desirable risk-sharing outcomes.

8-March-2011

English

How efficient are banks in Hungary?

Apparent characteristics of the Hungarian banking market such as large profits and high margins suggest weak competitive pressures. Weak competition in turn, may reduce efficiency in a lack of pressures to converge to marginal cost and to stimulate managerial efforts to reduce X-inefficiency.

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