Working Papers


  • 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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  • 23-June-2011

    English

    The effects of downturns on labour force participation: evidence and causes

    This paper uses an impulse-response function approach to assess the magnitude and persistence of the labour force participation effects of downturns for a sample of 30 countries over the period 1960-2008.

  • 6-June-2011

    English

    The growth effects of current account reversals: the role of macroeconomic policies

    This paper assesses empirically whether or not current account reversals have permanent growth effects and the role of macroeconomic policies in this process.

  • 6-June-2011

    English

    Towards a better understanding of the informal economy

    This paper critically reviews the current state of cross-country research on informality and discusses how existing data sources can be more effectively employed and extended to shed light on the link between public policies and informality.

  • 6-June-2011

    English

    A dynamic factor model for world trade growth

    This paper reviews the main monthly indicators that could help forecasting world trade and compares different type of forecasting models using these indicators.

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