Latest Documents


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.

20-March-2010

English

Global Economic Outlook

Speaking at the China development forum, Mr Gurría said that the world is now emerging from the deepest recession since the 1930s but he added that OECD countries need to face the challenge of ensuring that a strong, jobs-rich recovery takes hold and that potential growth can be restored and maintained over the longer term.

10-March-2010

English

Explaining Household Saving Rates in G7 Countries: Implications for Germany

Many propositions have been made to explain the increase in the German household saving rate since the year 2000 from an individual country perspective but most of them focus on partial aspects, as discussed in this working paper.

26-January-2010

English

The automobile industry in and beyond the crisis

This paper considers the role of the automobile industry in the current cycle. It shows that the industry is economically important and its cycle is intertwined with business cycles.

Related Documents

19-November-2009

English, , 940kb

Economic Outlook No. 86, Chapter 2: The automobile industry in and beyond the crisis

The automobile industry is among the sectors that have been hit most by the recession. Demand for cars fell sharply, accentuating the difficulties of excess production capacity already faced before the crisis and deepening the economic downturn in major car-producing countries.

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5-November-2009

English

Economic Survey of Denmark 2009: Denmark: the crisis and beyond

The Danish economy is going through a deep and protracted recession but the authorities have taken substantial measures to combat it. Further policies are required to minimise adverse long-term consequences on growth.

29-October-2009

English

Understanding the world trade collapse

This paper shows that world demand (to which trade has become more responsive in recent decades) can explain most of the collapse in world trade, but that tight credit conditions have likely amplified the short-term trade response.

15-October-2009

English

Iceland: The Financial and Economic Crisis (Economics Department Working Paper 725)

This working paper begins with a discussion of the factors that made the banks, non-financial firms and households vulnerable to deterioration in global financial markets. It then describes the failure of the banks, its direct impact on government debt, the IMF SBA and the economic outlook.

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30-September-2009

English

Economic Survey of Japan 2009: Overcoming the global crisis: the need for a new growth model

As attention shifts to fiscal consolidation, sustaining output growth will depend increasingly on private domestic demand, requiring reforms, particularly in the labour market and the non-manufacturing sector.

2-September-2009

English

Economic Survey of Iceland 2009: The financial and economic crisis

Iceland’s main banks, which had pursued risky expansion strategies, failed in the wake of the global financial crisis, plunging the economy into a deep recession. Prudential supervision needs to be improved.

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