Latest Documents

  • 2-June-2003

    English, , 243kb

    The decline in private saving rates in the 1990s in OECD countries: How much can be explained by non-wealth determinants?

    Based on an empirical analysis of private saving determinants, there is little evidence that consumers have responded to the unsustainable stock market boom during the late 1990s in the way standard estimates of wealth effects would have suggested. OECD Economic Studies No. 36.

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  • 20-May-2003

    English, , 102kb

    After the telecommunications bubble, EO73 ch.4

    OECD Economic Outlook No. 73, Chapter 4. Confidence is slowly returning to the telecommunications sector after the "boom and bust" years of the 1990s.

  • 15-May-2003

    English, , 237kb

    The stock market, the housing market and consumer behaviour

    Financial and housing wealth affects private consumption in a number of OECD countries. OECD Economic Studies No. 35.

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  • 13-May-2003

    English, , 16kb

    Chief Economist JP Cotis comments on Balassa-Samuelson effect in CEC5 countries

    Comments by OECD Chief Economist Jean-Philippe Cotis on the paper "How real is the Fear? Investigating the Balassa-Samuelson effect in CEC5 countries..." by M.A. Kovacs. Mr. Kovac's paper is attached as a related document.

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  • 12-December-2002

    English, , 54kb

    Inflation persistence in the euro area - EO72 ch. 7

    OECD Economic Outlook No. 72, Chapter 7. This chapter explores why inflation has remained so "sticky" in the large, slower-growing euro area economies, such as Germany.

  • 2-July-2002

    English, , 854kb

    Exchange market volatility and securities transaction taxes - EO71 ch.8

    OECD Economic Outlook No. 71, Chapter 8. This chapter addresses a number of issues related to exchange market volatility and the potential effects of a "Tobin Tax".

  • 17-April-2002


    Web sites related to financial markets and monetary and financial conditions

    This file includes web sites related to exchange rates, stock market, official interest rates, short- and long-term interest rates of US, Japan and euro area, interest rates of major countries.

  • 18-December-2001

    English, , 107kb

    Saving and investment: determinants and policy implications

    Chapter 4 of OECD Economic Outlook No. 70. Trends in saving and investment rates have emerged as an issue.

  • 2-December-2000

    English, , 146kb

    House prices and economic activity, EO68 ch.6

    OECD Economic Outlook No. 68, Chapter 6. This chapter examines the role of house prices in influencing private consumption and residential investment in OECD countries.

  • 13-June-2000

    English, , 217kb

    Monetary policy in a changing financial environment, EO67 ch.8

    Chapter 8 of the OECD Economic Outlook No. 67. Across the OECD area, many central banks are in the process of monetary policy tightening. Current high asset values are an additional and important part of the information set for policy decisions. In several countries, despite recent setbacks,equity market prices have reached heights that would have been considered most unlikely several years ago. More recently, real estate prices in

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