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This paper gathers evidence on public sector pension plans regarding the type of pension promise and quantifies the future tax burden related to these pension promises. The reported liabilities are recalculated using both a fair value approach (local market discount rates) and a common, fixed discount rate across all countries which reflects projected growth in national income.
This paper proposes a framework to help policymakers think about how best develop a national strategy to hedge against the massive economic burden of extreme events that could hit their country tomorrow, focusing specifically on the role that risk transfer mechanisms alternative to traditional insurance can play.
The financial crisis revealed flaws in pre-crisis policy frameworks.
This paper presents an empirical analysis of the determinants of inflation in the United States, Japan, the euro area and the United Kingdom, focusing on the role of resource utilisation, inflation expectations, inflation persistence and imported inflation.
This paper presents a stylised model in which either a savings glut or an exchange rate peg in emerging economies drives down the level of interest rates in advanced economies and, when it hits the zero-rate bound, produces a welfare loss.
Interest rate pass-through during the global financial crisis: the case of SwedenA stable relationship between monetary policy rates and bank lending and deposit rates faced by consumers and companies is essential for the effective transmission of monetary policy decisions.
- Economic Survey of Sweden 2011
Going for Growth 2011 takes stock of recent progress in implementing policy reforms to improve labour productivity and utilisation that were identified as priorities in the 2010 edition.
English, , 400kb
Discussions at this conference focused on how financial reforms should provide a better, sustainable balance between stability and growth and how measures to strengthen the savings-investment channel should foster sustainable growth and development.
Statement by Secretary-General Angel Gurría at the occasion of the OECD-WB Conference on challenges and policies for promoting inclusive growth, 24-25 March 2011 at OECD, Paris.
Homeownership rates have increased significantly in many OECD countries over recent decades.