Publications & Documents


9-March-2009

English

Adjusting housing policies in Slovakia in light of Euro adoption

A characteristic feature of the Slovak housing market, and a consequence of the privatization programme initiated in the early 1990s, is the virtual absence of a private rental market.

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9-March-2009

English

Raising the flexibility of the Slovak economy during the catch-up phase

As in other catch-up countries inflation is likely to stay high going forward due to nominal convergence in Slovakia.

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9-March-2009

English

Achieving fiscal flexibility and safeguarding sustainability - The case of Slovakia

Euro Area entry calls for more fiscal flexibility to absorb cyclical shocks that cannot be dealt with by the common monetary policy. At the same time fiscal consolidation must not be put at risk, especially given rising ageing related costs.

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9-March-2009

English

The macroeconomic consequences of banking crises in OECD countries

This paper examines the characteristics of downturns and subsequent recoveries following past banking crises in OECD countries as well as evidence of any effects on potential output growth.

6-March-2009

English

Do Latin American central bankers behave non linearly? The experiences of Brazil, Chile, Colombia and Mexico

This paper estimates unrestricted monetary reaction functions for four Latin American countries (Brazil, Chile, Colombia and Mexico) and tests for the presence of non linear effects in central bank behaviour.

6-March-2009

English

Quantifying the effect of financial conditions in the Euro Area, Japan, United Kingdom and United States

This paper constructs a broad measure of financial conditions for the United States, Japan, the Euro Area and the United Kingdom, by extending monetary condition indices which are traditionally used to gauge the impact of monetary policy on the economy.

6-March-2009

English

Enhancing educational performance in Australia

The Australian education system fares well in international comparison with regards to PISA test scores and the higher education system attracts an increasing number of foreign students. However, a number of challenges need to be addressed.

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5-March-2009

English

Open markets in a time of crisis

OECD Secretary-General Angel Gurría has warned of a “crisis of globalisation” if governments succumb to protectionist pressures. Speaking to the International Chamber of Commerce in Paris, he said emergency stimulus measures taken by governments during the crisis needed to be carefully conceived and monitored to preserve the long-term strength of the economy.

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3-March-2009

English, , 114kb

Economic Policy Reforms: Going for Growth 2009 - Switzerland Country Note

This note, taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2009, contains information about the progress in implementing reforms in line with the 2008 priorities for Switzerland.

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3-March-2009

English, , 120kb

Economic Policy Reforms: Going for Growth 2009 - Mexico Country Note

This note, taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2009, contains information about the progress in implementing reforms in line with the 2008 priorities for Mexico.

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