Latest Documents


11-June-2012

English

Capital flows and financial fragility

This project explores how the structure of international capital flows drives financial fragility, and examines how policies can help increase financial stability.

30-May-2012

English

Ensuring stability and efficiency of the Hungarian financial sector

Loan creation has not recovered after the crisis owing to a combination of demand and supply factors.

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24-May-2012

English

Promoting inclusive growth: Challenges and policies

How to design appropriate policies to strengthen growth and make it inclusive and sustainable over time? The policy issues highlighted in this volume - financial development,social policies, innovation, regulation and political economy issues - are relevant to all countries.

13-March-2012

English

Assessing the sensitivity of Hungarian debt sustainability to macroeconomic shocks under two fiscal policy reactions

Hungarian debt level has steadily increased since 2001, with the debt-to-GDP ratio reaching about 84% at end-2011.

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13-March-2012

English

Do house prices impact consumption and interest rate? Evidence from OECD countries using an agnostic identification procedure

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.

7-March-2012

English, , 1,747kb

OECD Journal: Economic Studies 2010. New International Evidence on Asset-Price Effects on Investment, and a Survey for Consumption

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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24-February-2012

English

Economic Policy Reforms: Going for Growth 2012

Going for Growth 2012 takes stock of recent progress in implementing policy reforms to improve labour productivity and utilisation that were identified as priorities in the 2011 edition.

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2-January-2012

English

Public spending efficiency in the Czech Republic: fiscal policy framework and the main spending areas of pensions and healthcare

The Czech fiscal position is generally sound and policy making is prudent. However, the fiscal framework was not strong enough to contain spending in the upturn and it would benefit from independent budget oversight.

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2-January-2012

English

Explaining the interest-rate-growth differential underlying government debt dynamics

The differential between the interest rate paid to service government debt and the growth rate of the economy is a key concept in assessing fiscal sustainability.

21-December-2011

English

Current issues in managing government debt and assets

The management of government debt and assets has important implications for fiscal positions.

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