Publications & Documents


  • 24-December-1992

    English, , 3,688kb

    GREEN: a global model for quantifying the costs of policies to curb CO2 emissions

    OECD Economic Studies No. 19, Winter 1992. By modeling the decisions of households and firms, applied general equilibrium (AGE) models are able to capture the economic mechanisms that link, in each period of time, the available resource base to man-made emissions of CO2. The OECD Economics Department has developed a global dynamic AGE model with the objective of quantifying the economic effects of policies aimed at reducing

  • 24-December-1992

    English, , 3,740kb

  • 24-December-1992

    English, , 3,906kb

  • 10-October-1992

    English, , 2,110kb

    The Chinese economic area: economic integration without a free trade agreement

    Economics Department Working Paper 124. This paper describes the de facto economic integration taking place between China, Hong Kong China and Chinese Taipei - the "Chinese Economic Area" - and analyses basic factors underlying the process. Even in the face of weak economic performance in OECD countries the integration has helped underpin rapid growth in all three economies, particularly in China's south-eastern provinces. If Chinese

    Related Documents
  • 29-May-1992

    English, , 697kb

    Institutional commitments and policy credibility: a critical survey and empirical evidence from the ERM

    There is little evidence that so-called "credibility effects" have altered the trade-off between inflation and employment for countries that have adhered to the exchange rate mechanism of the European Monetary System. OECD Economic Studies No. 18.

  • 10-November-1991

    English, , 389kb

    Stock market volatility in OECD countries: recent trends, consequences for the real economy, and proposals for reform

    Econometric testing suggests that the trend towards increasing volatility of equity prices has not had strong effects on economic activity. OECD Economic Studies No. 17.

  • 10-November-1991

    English, , 607kb

    Real interest rate trends: the influence of saving, investment and other factors

    An examination of factors underlying saving, investment and real interest rates over recent decades suggests that high real interest rates over recent decades suggests that high real interst rates may continue to prevail. Is this a cause for concern? OECD Economic Studies No. 17.

  • 29-May-1991

    English, , 835kb

  • 20-November-1990

    English, , 2,138kb

    Monetary policy in liberalised financial markets

    The rapide progress of financial market deregulation has been accompanied by new and longer-run challenges for monetary policy. OECD Economic Studies No. 15.

  • 20-November-1990

    English, , 2,398kb

    Portfolio effects and the position of the dollar in exchange markets

    A flow measure suggests that the growth of global portfolios could continue to translate into an important demand for new dollar assets, albeit not sufficient to cover fully the expected financing need. OECD Economic Studies No. 15.

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