Assessing the sensitivity of Hungarian debt sustainability to macroeconomic shocks under two fiscal policy reactions

Hungarian debt level has steadily increased since 2001, with the debt-to-GDP ratio reaching about 84% at end-2011.

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Non-Keynesian effects of fiscal consolidation: an analysis with an estimated DSGE model for the Hungarian economy

Using an estimated DSGE model for Hungary, the paper identifies the possible non-Keynesian channels through which a fiscal consolidation may manifest as expansionary.

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Composite Leading Indicators (CLIs), OECD, March 2012

Composite Leading Indicators (CLIs) continue pointing to a positive change in momentum in the OECD as a whole..

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OECD Journal: Economic Studies 2010. Equity in Student Achievement Across OECD Countries: An Investigation of the Role of Policies

This paper focuses on inequalities in learning opportunities for individuals coming from different socio-economic backgrounds as a measure of (in)equality of opportunity in OECD countries.

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OECD Journal: Economic Studies 2010. Intergenerational Social Mobility in OECD Countries

This paper assesses recent patterns of intergenerational social mobility across OECD countries and examines the role that public policies can play.

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OECD Journal: Economic Studies 2010. Does Computer Use Increase Educational Achievements? Student-level Evidence from PISA

The aim of this paper is to assess whether the use of ICT has an impact on student performances as measured in the OECD Programme for International Student Assessment (PISA) 2006.

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OECD Journal: Economic Studies 2010. New International Evidence on Asset-Price Effects on Investment, and a Survey for Consumption

A survey of the literature on asset price impacts on the real economy shows a much wider range of work on consumption and related wealth effects than on investment.

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