Latest Documents


  • 13-March-2012

    English

    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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  • 23-February-2012

    English

    Fiscal consolidation: Part 2. Fiscal multipliers and fiscal consolidations

    This paper provides an analysis of large and sustained fiscal consolidation episodes in OECD countries implemented between 1980 and 2000.

  • 23-February-2012

    English

    Fiscal consolidation: Part 4. Case studies of large fiscal consolidation episodes

    This paper provides an analysis of large and sustained fiscal consolidation episodes in OECD countries implemented between 1980 and 2000.

  • 20-February-2012

    English

    Risk sharing

    Macroeconomic crises and shocks often cause large and unforeseen income and employment losses. This chapter presents new OECD analysis of the types of policies that have helped to protect the most vulnerable from these losses in a wide group of OECD and emerging countries.

  • 14-February-2012

    English

    Building blocks for a better functioning housing market in Chile

    Chile has made good progress in improving housing conditions, but still around 10% of the population lives in either overcrowded houses, or of inadequate quality and/or with poor access to basic services.

  • 10-February-2012

    English, , 102kb

    Policy note no. 10: Managing government debt and assets after the crisis

    In the wake of the financial crisis, government debt in the OECD area has increased massively on top of already high debt-GDP ratios prior to the crisis, by some 30% of GDP between 2007 and 2011 on average, rendering fiscal positions in many countries unsustainable.

  • 8-February-2012

    English

    The impact of changes in second pension pillars on public finances in Central and Eastern Europe

    This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European Countries on the deficit and implicit debt of their full pension systems.

  • 2-February-2012

    English, , 495kb

    Post-crisis debt overhang: Growth implications across countries

    Public debt in the OECD area passed annual GDP in 2011 and is still rising. This paper was prepared for the Reserve Bank of India Second International Research Conference 2012: “Monetary Policy, Sovereign Debt and Financial Stability: The New Trilemma”, 1-2 February, 2012 in Mumbai, India

  • 31-January-2012

    English

    Reforming education in England

    Despite significant increases in spending on child care and education during the last decade, PISA scores suggest that educational performance remains static, uneven and strongly related to parents’ income and background.

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  • 23-January-2012

    English, , 377kb

    Income inequality and growth - The role of taxes and transfers, Economics Department Policy Note No. 9

    Inequality in labour income - What are its drivers and how can it be reduced? Economics Department Policy Note No. 8

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