Publications & Documents


  • 6-August-2013

    English

    Is there convergence of Russia’s regions? Exploring the empirical evidence: 1995–2010

    This paper analyses convergence in per capita gross regional product of Russia’s regions during the period 1995-2010, when regional data are available.

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  • 5-August-2013

    English

    Responding to key well-being challenges in Austria

    Important challenges for the future of Austrian well-being arise from demographic and environmental trends. The ageing of the population calls for a fair balance between life-time pension contributions and entitlements, drawing on the recent pension reform.

  • 5-August-2013

    English

    Austria’s well-being goes beyond GDP

    Austria enjoys strong material well-being and high quality of life. Steady convergence with top GDP per capita levels translated into decisive improvements in household disposable incomes while significant redistribution has ensured low income inequality and poverty.

  • 5-August-2013

    English

    Improving fiscal federal relations for a stronger Mexico

    Mexico has achieved a high degree of decentralisation in public services, but the Mexican fiscal federal system has important shortcomings. States and municipalities have become heavily dependent on federal transfers to finance a growing share of public spending.

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  • 5-August-2013

    English

    Deleveraging: challenges, progress and policies

    In the run-up to the financial crisis, indebtedness of households and non-financial businesses rose to historically high levels in many OECD countries; gross debt of financial companies rose dramatically relative to GDP. Much of the debt accumulation appears to have been based on excessive risk-taking and exceptional macro-economic conditions and therefore not sustainable.

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  • 23-July-2013

    English

    OECD welcomes Chile’s plan to improve Consumer Price Index

    The OECD welcomes Chile’s plan to improve the way it calculates the Consumer Price Index (CPI). The plan focuses primarily on proposals by the Chilean Statistical Office (INE) to better capture price changes for clothes and footwear, to ensure that the CPI accurately reflects inflation.

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  • 16-July-2013

    English

    Policies to support sustainable long-term growth in New Zealand

    As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and resources will have to shift towards activities that rely more on skills, technology and intangible assets.

  • 9-July-2013

    English

    Do structural policies affect macroeconomic stability?

    Using a panel of OECD countries, this study assesses the linkages between structural policies and macroeconomic stability. Business cycle and time-series characteristics of GDP and its components are employed to define various measures for economic instability and for the persistence of adverse shocks.

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  • 3-July-2013

    English

    A simple fiscal stress testing model - case studies of Austrian, Czech and German economies

    This paper develops a simple model-based framework for stress testing fiscal consolidation strategies under different scenarios of future shocks

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  • 2-July-2013

    English

    Fiscal consolidation across government levels. Part 3: Intergovernmental grants, pro- or counter-cyclical?

    This paper provides empirical analysis that measures the cyclical properties of intergovernmental transfers (or grants). Modelling a fiscal policy reaction function this paper tests whether the transfers systems in OECD countries are pro- or counter-cyclical, i.e. whether they offset cyclical fluctuations of sub-central economies or, on the contrary, exacerbate them.

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