Publications & Documents


  • 22-July-2009

    English

    Financial stability in the United Kingdom: Banking on prudence

    This paper reviews the supervisory and regulatory framework and the many reforms that have already been adopted to remedy these weaknesses. It also provides recommendations for further reforms.

    Related Documents
  • 17-July-2009

    English

    Economic growth and the role of taxation – Aggregate data

    This paper surveys research that has undertaken empirical analysis of aggregate data. The focus of the survey is the identification of the factors that determine the rate of growth.

  • 17-July-2009

    English

    Economic growth and the role of taxation- disaggregate data

    This paper surveys the empirical analysis of disaggregate data on growth. The aim is to identify how economic policy can affect the choices that have been identified as influences upon the rate of growth.

  • 17-July-2009

    English

    Economic growth and the role of taxation – Theory

    This paper provides a self-contained introduction to the economic modelling of growth and reviews the theoretical evidence on the extent of the link between taxation and growth.

  • 8-July-2009

    English

    Taxes or grants: what revenue source for sub-central governments?

    This paper analyses trends in and driving forces of the revenue composition of sub-central governments (SCG).

  • 8-July-2009

    English

    The spending power of sub-central governments: A pilot study

    This pilot study presents indicators that assess sub-central government (SCG) spending power by policy area. Traditional indicators are often misleading as they underestimate the impact of central government regulation on sub-central spending patterns.

  • 6-July-2009

    English

    Price and volume elasticities of Brazilian foreign trade: A profit function approach

    To investigate the possible impact of terms of trade gains on the real economy, this paper estimates normalised quadratic input demand and output supply functions for the Brazilian economy during 1997-2008.

  • 6-July-2009

    English

    Current account sustainability in Brazil: A non linear approach

    To shed further light on this issue in the context of emerging market economies, this paper uses Brazilian data to estimate the determinants of the current account in a smooth transition vector autoregressive (ST VAR) setting.

  • 7-April-2009

    English

    Economic Survey of Finland 2010: Paving the way for sustainable public finances

    The costs of the recession and ageing are a challenge to fiscal sustainability. The estimated fiscal sustainability gap has increased from 3 to 8% of GDP due to a sizeable permanent stimulus and lower potential output. A consolidation plan should be articulated now...

  • 3-April-2009

    English, , 245kb

    Fiscal equalisation

    Fiscal equalisation is a transfer of fiscal resources across jurisdictions to offset disparities in revenue raising capacity or public service cost. It covers on average 2.5% of GDP or 5% of total government expenditure across OECD countries.

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