By Date


9-July-2013

English

Do structural policies affect macroeconomic stability?

Using a panel of OECD countries, this study assesses the linkages between structural policies and macroeconomic stability. Business cycle and time-series characteristics of GDP and its components are employed to define various measures for economic instability and for the persistence of adverse shocks.

8-July-2013

English

Composite Leading Indicators (CLIs), OECD, July 2013

Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to diverging patterns across major economies. The CLIs point to moderate improvements in growth in most major OECD economies but in large emerging economies the CLIs point towards stabilising or slowing momentum.

4-July-2013

English

Quarterly National Accounts - Contributions to GDP growth - First quarter 2013, OECD

Real GDP in the OECD area rose by 0.4% in the first quarter of 2013, compared with flat growth registered in the previous quarter. Private consumption was the main contributor to overall GDP growth with 0.3 percentage point, while net exports and stockbuilding contributed 0.1 percentage point each.

3-July-2013

English

A simple fiscal stress testing model - case studies of Austrian, Czech and German economies

This paper develops a simple model-based framework for stress testing fiscal consolidation strategies under different scenarios of future shocks

2-July-2013

English

Fiscal consolidation across government levels. Part 3: Intergovernmental grants, pro- or counter-cyclical?

This paper provides empirical analysis that measures the cyclical properties of intergovernmental transfers (or grants). Modelling a fiscal policy reaction function this paper tests whether the transfers systems in OECD countries are pro- or counter-cyclical, i.e. whether they offset cyclical fluctuations of sub-central economies or, on the contrary, exacerbate them.

2-July-2013

English

Fiscal consolidation across government levels. Part 2: Fiscal rules for sub-central governments, update of the institutional indicator

Fiscal rules that constrain sub-central government (SCG) budgeting are very common across the OECD, but there are substantial cross-country differences in their implementation and impact. This paper presents the 2011 update of the fiscal rules database established in 2005.

2-July-2013

English

Fiscal consolidation across government levels. Part 1: How much, what policies?

This paper provides an overview of fiscal consolidation efforts at the central and sub-central government level, both during the current and past consolidation episodes.

2-July-2013

English

Restructuring the electricity sector and promoting green growth in Japan

The 2011 disaster and nuclear problems opened the door to a new energy policy, as they raised fundamental questions about the electricity system’s ability to prevent and respond to accidents.

Related Documents

2-July-2013

English

Labour market policies to promote growth and social cohesion in Korea

Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from under-employed segments of the population.

Related Documents

2-July-2013

English

Choosing fiscal consolidation instruments compatible with growth and equity

This study proposes a structured approach to selecting instruments of fiscal consolidation that are consistent with growth, equity and global-rebalancing objectives, which is then illustrated with a particular application.

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