Latest Documents


21-July-2011

English

HOUSING: Predicting peaks and troughs in real house prices

OECD work prior to the financial crisis suggested that real prices in several housing markets had become vulnerable to a change in financial and economic conditions, with the risk of a subsequent downturn becoming increasingly possible, as proved to be the case.

12-July-2011

English, , 190kb

Policy note no. 7: Recent Developments in the Automobile Industry

Although the automobile industry accounts for only a small share of industrial output in most OECD economies (around 5½ per cent in the median OECD economy), it is comparatively volatile and can thus

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6-June-2011

English

A fragile recovery

The global recovery is becoming self-sustained and more broad-based but is taking place at different speeds across countries and regions. Tackling high unemployment, fiscal consolidation and global imbalances remain the key challenges, says OECD Secretary-General.

6-June-2011

English

A dynamic factor model for world trade growth

This paper reviews the main monthly indicators that could help forecasting world trade and compares different type of forecasting models using these indicators.

31-May-2011

English

How important is wealth for explaining household consumption over the recent crisis? An empirical study for the United States, Japan and the euro area

This paper provides new empirical results linking financial and housing wealth to household consumption for the United States, Japan and the euro area.

25-May-2011

English, , 342kb

EO89 Special Chapter: Medium and long-term developments: Challenges and risks

The recovery is projected to strengthen in the near term, but there are concerns about the longer-term legacy of the crisis, particularly because of the emergence of unsustainable fiscal imbalances as well as the possible damage to long-term growth prospects.

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25-May-2011

English, , 705kb

EO89: General assessment of the macroeconomic situation, May 2011

General assessment from Economic Outlook No. 89, May 2011.

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25-May-2011

English, , 206kb

EO89 Special Chapter: Getting the most out of international capital flows

Increasing international capital flows can support long-term income growth through a better international allocation of saving and investment.

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25-May-2011

English, , 488kb

EO89: Persistence of high unemployment: what risks? what policies?

Given the slack remaining in economic activity and labour utilisation, together with still-anchored inflation expectations, aggregate demand policies have a role to play in supporting the economic recovery and stimulate jobs.

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25-May-2011

English, , 4,604kb

EO89: Evolving paradigms in economic policy making

The OECD Economic Outlook first appeared six years after the Organisation started its activities, in 1967.

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