Latest Documents


  • 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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  • 4-March-2011

    English, , 354kb

    The Impact of Structural Reforms on Current Account Imbalances, Economics Department Policy Note No. 3

    Global current account imbalances widened markedly in the years preceding the global economic crisis.

  • 17-February-2011

    English

    Macroeconomic impact of Basel III

    The estimated medium-term impact of Basel III implementation on GDP growth is in the range of -0.05 to -0.15 percentage point per annum.

  • 17-December-2010

    English

    Product market regulation and competition in China

    The extent of competition in product markets is an important determinant of economic growth in both developed and developing countries.

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  • 9-December-2010

    English

    Regulatory reforms to unlock long–term growth in Turkey

    In the 2000s, Turkey has enjoyed rapid catching–up. This was possible despite the adverse business environment, as the semi–formal and informal economy had a significant contribution to the expansion of the private sector.

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  • 9-December-2010

    English

    The land transport sector: Policy and performance

    This paper provides a broad overview of policy goals and instruments and commonly used performance and policy indicators related to land transport.

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