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The Department's work on projections and scenario analysis is supported by the use an international linkage model, INTERLINK. Longer term modelling is sometimes used to assess the impact of different policy settings. Recent examples relate to climate change and population ageing.
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25-Nov-2008
The number of unemployed in OECD countries is expected to rise by about 8 million people over the next two years as the most serious recession since the early 1980s takes it toll on economic activity, according to the latest OECD Economic Outlook. Watch the press conference via the link above.
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17-Nov-2008
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time-varying NAIRUs are estimated for a panel of OECD economies on the basis of Phillips curve equations using Kalman filter techniques. In a second stage, the estimated NAIRUs are regressed on selected policy and institutional variables.
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29-Oct-2008
This paper examines the nature and the length of economic adjustments to selected structural reforms, drawing on a variety of approaches: descriptive analysis and simulations using Dynamic General Equilibrium and macro-economic neo-Keynesian models.
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29-Oct-2008
This paper examines the short-term distributional effects of a number of tax and labour market reforms in the euro area, drawing on simulations using a micro-founded dynamic general equilibrium model.
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