Latest Documents


  • 27-July-2016

    English

    Forecasting GDP during and after the Great Recession: a contest between small-scale bridge and large-scale dynamic factor models

    This paper compares the short-term forecasting performance of state-of-the-art large-scale dynamic factor models (DFMs) and the small-scale bridge models routinely used at the OECD.

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  • 14-June-2016

    English

    Structural reforms for more inclusive growth in Greece

    The Greek economy is turning around lately, but it remains in a deep depression. GDP has fallen by more than a quarter between 2007 and 2015, unemployment remains extremely high at 25 percent and anchored poverty – which measures poverty relative to its pre-crisis income level – has nearly tripled between 2007 and 2014, reaching a third of the population.

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  • 10-June-2016

    English

    The contribution of weak investment to the productivity slowdown

    Concerns around weak productivity growth are everywhere these days. As the latest OECD Economic Outlook notes, since the mid-2000s, productivity growth has been markedly lower than at any other time since the 1950s.

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  • 8-June-2016

    English

    Central bank negative deposit rates and the banking sector

    The ECB, the Bank of Japan and five other central banks in Europe have applied negative interest rates on commercial banks’ reserves. This additional monetary policy stimulus, following large asset purchases by central banks in some of these areas, should boost the economy and thus raise inflation closer to target.

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  • 8-June-2016

    English

    Links between weak investment and the slowdown in productivity and potential output growth across the OECD

    The OECD framework for estimating potential output is combined with previous OECD empirical research to analyse the causes of recent weak productivity growth.

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  • 3-June-2016

    English

    What is the scope for public investment to lift long-term growth?

    Long-term rates are low in OECD countries, particularly in Japan, France and Germany. This opens up fiscal space and can justify any public investment projects with a positive rate of return.

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  • 1-June-2016

    English, Excel, 800kb

    EO Annex Tables: Fiscal balances and public indebtedness

    Statistical Annex tables in Excel format from OECD Economic Outlook.

  • 1-June-2016

    English

    Policymakers: Act now to break out of the low-growth trap and deliver on our promises

    Policymaking is at an important juncture. Without comprehensive, coherent and collective action, disappointing and sluggish growth will persist, making it increasingly difficult to make good on promises to current and future generations.

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  • 1-June-2016

    English

    OECD Economic Outlook urges policy action to promote productivity and equality

    The Special Chapter of the OECD Economic Outlook published today shows why the global economy remains in the doldrums. Since the mid-2000s, productivity growth has been markedly lower than at any other time since the 1950s. This matters as rising productivity lies at the heart of economic progress.

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  • 1-June-2016

    English, Excel, 744kb

    EO Annex Tables: Inflation, Wages, costs, unemployment and labour market

    Statistical Annex tables in Excel format from OECD Economic Outlook.

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