Working Papers


  • 24-February-2009

    English

    Reforming the tax system in Korea to promote economic growth and cope with rapid population ageing

    Korea has one of the lowest tax burdens in the OECD area, reflecting its small public sector. However, rapid population ageing will put upward pressure on government spending.

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  • 24-February-2009

    English

    Sustaining growth in Korea by reforming the labour market and improving the education system

    The age of retirement of employees should be raised by eliminating mandatory retirement and phasing out the retirement allowance. Active labour market policies should focus on policies to expand human capital rather than wage subsidies.

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  • 18-February-2009

    English

    Financial crises: past lessons and policy implications

    This overview paper examines the financial crisis in light of past country experience and economic theory and sets out some preliminary policy recommendations.

  • 10-February-2009

    English

    Health Care Reform in the United States

    In spite of improvements, on various measures of health outcomes the United States appears to rank relatively poorly among OECD countries. Health expenditures, in contrast, are significantly higher than in any other OECD country.

  • 10-February-2009

    English

    The role of R&D and technology diffusion in climate change mitigation: new perspectives using the WITCH Model

    This paper uses the WITCH model, a computable general equilibrium model with endogenous technological change, to explore the impact of various climate policies on energy technology choices and the costs of stabilising greenhouse gas concentrations.

  • 3-February-2009

    English

    Long-run GDP growth framework and scenarios for the world economy

    This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world economy.

  • 27-January-2009

    English

    Making the most of Norwegian schools

    Traditionally, the Norwegian compulsory education system has focused strongly on the linked goals of equal opportunities to learn, comprehensive and inclusive education.

  • 16-January-2009

    English

    Can the financial sector continue to be the main growth engine in Luxembourg?

    Luxembourg is today one of the main international centres for investment funds. Besides the sector’s direct and indirect employment effects, the most important effect is the large tax revenue generating capacity of the sector, accounting directly for over 20% of aggregate tax revenues.

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