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  • 20-June-2005

    English, , 328kb

  • 9-March-2005

    English, , 324kb

    International production relocation and exports of services

    The effect that international relocation of various types of production has on US exports of services is identified and compared. Economic Studies No. 38.

  • 9-March-2005

    English, , 451kb

  • 9-March-2005

    English, , 364kb

    The contribution of housing markets to cyclical resilience

    Features of mortgage and housing markets appear to play a major role in shaping the economic cycle across countries. Economic Studies No. 38.

  • 9-March-2005

    English, , 338kb

  • 17-December-2004

    English, , 177kb

    Oil price developments: drivers, economic consequences and policy responses, OECD Economic Outlook No. 76, ch. IV

    OECD Economic Outlook No. 76, chapter IV. The oil price has more than doubled in dollar terms since the late 1990s, while increasing substantially, though somewhat less, in terms of the other major currencies. The chapter begins by investigating the fundamentals driving longer-term oil market developments and the implications for the long-run equilibrium price. It then identifies short-term influences which may have caused risk

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  • 17-December-2004

    English, , 125kb

    Saving behaviour and the effectiveness of fiscal policy, OECD Economic Outlook No. 76, ch. V

    OECD Economic Outlook No. 76, chapter V. Fiscal policy has been used as an antidote to weak activity during the most recent downturn and fiscal consolidation has been delayed in some countries because of its perceived costs in terms of lower activity. However, the impact of fiscal policy on aggregate demand depends on the responses of private saving to changes in fiscal stance. In certain circumstances budget deficit shifts can be

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  • 1-June-2004

    English, , 140kb

    Enhancing income convergence in Central Europe after EU accession, OECD Economic Outlook No. 75, ch. VII

    OECD Economic Outlook No. 75, ch. VII. After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004. This chapter examines the consequences of this event for the four acceding countries that are members of the OECD (Czech Republic, Hungary, Poland and Slovak Republic).

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  • 1-June-2004

    English, , 180kb

    Housing markets, wealth and the business cycle, OECD Economic Outlook No. 75, ch. IV

    Chapter IV of the OECD Economic Outlook No. 75. Buoyant house prices give a greater boost to consumer spending in countries with more diversified mortgage markets. But distortions to the housing market, such as tax breaks, should be avoided to counter excessive price volatility.

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  • 1-June-2004

    English, , 243kb

    Asset price cycles, "one-off" factors and structural budget balances, OECD Economic Outlook No. 75, ch. VI

    OECD Economic Outlook No. 75, chapter VI. A look at how stock market movements have affected government revenues in selected countries.

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