Working Papers


18-August-2011

English

UNITED KINGDOM: Climate-change policy

The United Kingdom is likely to reduce emissions by more than its near-term domestic targets and its target under the Kyoto Protocol, outperforming many OECD countries in the latter respect.

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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.

28-July-2011

English

Predicting peaks and troughs in real house prices

OECD work prior to the financial crisis suggested that real prices in several housing markets had become vulnerable to a change in financial and economic conditions, with the risk of a subsequent downturn becoming increasingly possible, as proved to be the case.

28-July-2011

English

INDIA: Improving access and quality in the education system

Education has been given high priority by India’s central and state governments and continues to grow fast. Nevertheless, high drop-out rates and low attendance continues to be a challenge at lower levels and enrolment at higher levels remains modest by international standards.

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21-July-2011

English

HOUSING: Predicting peaks and troughs in real house prices

OECD work prior to the financial crisis suggested that real prices in several housing markets had become vulnerable to a change in financial and economic conditions, with the risk of a subsequent downturn becoming increasingly possible, as proved to be the case.

21-July-2011

English

How to move product market regulation in New Zealand back towards the frontier

From the mid 1980s, New Zealand was widely considered to be a leader in liberalising product market regulation (PMR).

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5-July-2011

English

Policies to rebalance housing markets in New Zealand

A considerable housing boom has been a key feature of persistently large saving investment imbalances in New Zealand over the past decade.

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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.

24-June-2011

English

Estonia: making the most of globalisation

Estonia has already experienced many benefits of increasing international integration, most obviously in significant convergence.

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