Latest Documents


  • 26-May-2010

    English, , 70kb

    Counter-cyclical economic policy: Economics Department Policy Note No. 1

    OECD's recommendations on how to decide on appropriate policy in the face of an economic disturbance.

  • 26-May-2010

    English, , 586kb

    EO87 Chapter 6: Counter-cyclical economic policy

    Special Chapter from Economic Outlook 87, May 2010

  • 26-May-2010

    English

    The effects of fiscal policy on output: A DSGE analysis

    This paper examines the effects of fiscal policy on output in the euro area.

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  • 11-May-2010

    English

    After the Crisis: Bringing German Public Finances Back to a Sustainable Path

    Further fiscal easing in late 2008 and early 2009 contributed to a markedly widening fiscal deficit in 2010. A newly enacted fiscal rule will help bring public finances back to a sustainable path, as discussed in this working paper.

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  • 20-April-2010

    English

    Further Advancing Pro-Growth Tax and Benefit Reform in the Czech Republic

    In 2008, the Czech government implemented a major overhaul of the personal income tax (PIT), replacing the previous progressive rate schedule with a single 15% rate levied on an enlarged base.

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  • 26-March-2010

    English

    Economic Survey of Germany 2010: After the crisis: bringing public finances back to a sustainable path

    Past consolidation has allowed the automatic stabilisers operate fully during the crisis. Further fiscal easing in late 2008 and early 2009 contributed to a markedly widening fiscal deficit in 2010.

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  • 23-March-2010

    English

    Preparing fiscal consolidation

    The global crisis has resulted in a sharp increase in government indebtedness in many G20 countries. Comprehensive fiscal consolidation strategies are therefore needed to preserve market confidence and pave the way for stronger, more balanced growth in the years to come.

  • 23-March-2010

    English, , 175kb

    Preparing fiscal consolidation

    The global crisis has resulted in a sharp increase in government indebtedness in many G20 countries. Comprehensive fiscal consolidation strategies are therefore needed to preserve market confidence and pave the way for stronger, more balanced growth in the years to come.

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  • 22-February-2010

    English

    Monetary policy responses to the crisis and exit strategies

    Central banks have responded with exceptional vigour to the crisis by using their traditional interest-rate tools to their limits and deploying a wide range of unconventional measures.

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  • 22-February-2010

    English

    Sub-central governments and the economic crisis: impact and policy responses

    The world is recovering from the worst crisis since the Great Depression, leaving a strong and lasting impact on Member countries’ public finances. This paper analyses how sub-central governments are affected and how fiscal policy has reacted in the first months after the outbreak of the crisis.

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