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Using an estimated DSGE model for Hungary, the paper identifies the possible non-Keynesian channels through which a fiscal consolidation may manifest as expansionary.
This review, the first of its kind conducted by the OECD in the United States, assesses the region’s capacity to contribute effectively to regional and national economic performance and quality of life.
Chicago is at a tipping point: despite economic strengths, it faces considerable challenges to compete in the “Premier League” of world-class cities, warns the OECD Secretary-General.
Chicago is at a tipping point: despite economic strengths, it faces considerable challenges to compete in the “Premier League” of world-class cities, warns the OECD’s review of the Chicago Tri-State Metropolitan Region.
Tackling the economic crisis, implementing structural reforms, generating jobs, mitigating climate change and reversing inequality are huge challenges that we can overcome if we work together, said OECD Secretary-General.
Green and Growth can go together, provided that the appropriate framework and the right economic and regulatory incentives are in place to encourage sustainable use of our resources and the environment, said Angel Gurría.
Special topics discussed at the 12th annual symposium on accruals include: accounting for social benefits; making financial statements more useful for end-users; and agency-level financial reporting.
Cities are ready to lead efforts to green the economy, concluded participants of the OECD Roundtable of Mayors and Ministers meeting in Chicago on March 8th, 2012.
Topics discussed at the 4th annual meeting of OECD Parliamentary Budget Officials and Independent Fiscal Institutions included the Draft Principles for Independent Fiscal Institutions, and legislative institutions for ex post budget oversight.
This paper provides an analysis of large and sustained fiscal consolidation episodes in OECD countries implemented between 1980 and 2000.