Notwithstanding impressive progress, poverty and inequality remain high in Chile in OECD comparison, and the tax-benefit system does little to improve on this.
Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly undermining economic performance and while paying attention to environmental externalities.
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.
This paper explores the short-term effects of labour and product market reforms through a dynamic general equilibrium model that features endogenous producer entry, equilibrium unemployment and costly job creation and destruction.
This paper investigates the existence of significant spillovers from the housing sector onto the wider economy for the seven major OECD countries using Uhlig's (2005) agnostic identification procedure.
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A survey of the literature on asset price impacts on the real economy shows a much wider range of work on consumption and related wealth effects than on investment.
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This paper assesses recent patterns of intergenerational social mobility across OECD countries and examines the role that public policies can play.
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This article investigates the consequences of immigration for natives’ labour market outcomes, as well as issues linked to immigrants’ integration in the host country labour market.
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This article reviews and assesses in terms of availability, reliability and transparency, existing policy and outcome indicators that have been found to be linked both directly and indirectly to economic growth and living standards.
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Note prepared for the G20 Finance and Central Bank Deputies Meeting taking place in Mexico City, Mexico February 24-25, 2012.