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Ch. 5 of OECD Economic Outlook No. 64. This chapter addresses the nature of the third quarter drop compared with previous such episodes, outlines some benchmarks against which current levels of equity prices can be measured and assesses the implications of declines in equity pric
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Using overlapping generations (OLG) models calibrated on 7 OECD countries - the United States, Japan, France, Canada, Italy, the United Kingdom and Sweden - the authors investigate the macroeconomic impact of possible pension reform strategies as populations age.
This working paper exploits an Italian microeconomic data set to study retirement behaviour of women and men using survival analysis techniques.
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Chapter 7 of the OECD Economic Outlook No. 63. The issue of climate change is the subject of renewed interest, in large part owing to the adoption of the Kyoto Protocol on 10 December 1997.
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OECD Economic Outlook No. 63, Chapter 8. The financial crisis that started in mid-1997 in Southeast Asia has resulted in massive currency depreciations in a number of emerging market economies in Asia.
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The OECD Jobs Strategy has been articulated around ten broad orientations for macroeconomic and structural policy which together form a comprehensive blueprint for action to create more jobs and reduce unemployment, and to increase standards of living and strengthen social cohesion.
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Chapter 6 of the OECD Economic Outlook No. 63 (June 1988).
Declining birth rates and increasing longevity have produced a significant increase in the share of elderly in the population of most OECD countries over the past three decades.
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This working paper looks at the evidence of changes in the bargaining structure stemming from the incomes policies agreements, discusses their possible long-run impact in terms of NAIRU and features of the inflationary process, and more.
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The OECD's submission, which is re-printed herewith, was based on both past and ongoing work in the Directorate for Education, Employment, Labour and Social Affairs and the Economics Department.