Latest Documents


  • 6-March-2009

    English

    Do Latin American central bankers behave non linearly? The experiences of Brazil, Chile, Colombia and Mexico

    This paper estimates unrestricted monetary reaction functions for four Latin American countries (Brazil, Chile, Colombia and Mexico) and tests for the presence of non linear effects in central bank behaviour.

  • 6-March-2009

    English

    Quantifying the effect of financial conditions in the Euro Area, Japan, United Kingdom and United States

    This paper constructs a broad measure of financial conditions for the United States, Japan, the Euro Area and the United Kingdom, by extending monetary condition indices which are traditionally used to gauge the impact of monetary policy on the economy.

  • 3-March-2009

    English

    Economic Policy Reforms: Going for Growth 2009

    Going for Growth 2009 takes stock of recent progress in implementing policy reforms to improve labour productivity and utilisation that were identified as priorities in the 2008 edition.

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  • 3-March-2009

    English

    Going for Growth 2009 - the economic crisis facing OECD countries should not be allowed to slow down structural reforms

    Today’s report is designed to help OECD countries pursue reforms that will raise their long-term living standards. This year’s Going for Growth is special in that it comes at a time when OECD countries are faced with the most severe financial and economic crises in a lifetime.

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  • 24-February-2009

    English

    Financial market stability in the European Union: Enhancing regulation and supervision

    Although the European authorities should be commended for the progress they have made in updating and improving frameworks and responding to the financial turmoil, more can be done.

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  • 24-February-2009

    English

    Overcoming the Financial Crisis in the United States

    The global financial crisis that emerged in mid 2007 has caused considerable economic disruptions in the United States and elsewhere, and exposed major flaws in the global financial system.

  • 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.

  • 23-January-2009

    English, , 799kb

    Financial crises: Past lessons and policy implications

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

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  • 25-November-2008

    English, , 463kb

    Responses to inflation shocks: Do G7 countries behave differently?

    Special chapter from Economic Outlook No. 84, November 2008.

  • 25-April-2008

    English, , 590kb

    Regulation of financial systems and economic growth

    This paper examines whether regulation that is more conducive to competitive and efficient financial systems has a significant positive impact on sectoral output and productivity growth in a sample of 25 OECD countries. More specifically, following a methodology used by Rajan and Zingales (1998), the paper tests whether industries that depend more heavily on external sources of funding tend to grow faster in countries that have more

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