This paper investigates the relationship between fiscal decentralisation and economy-wide disposable income inequality.
Fiscal decentralisation can lead to a more efficient provision of local public goods and services and promote a better match between policies and citizens’ preferences.
To achieve a euro area fiscal stance that fosters the recovery, countries with fiscal space under the Stability and Growth Pact rules should use budgetary support to raise growth, and existing incentives and flexibility should be taken advantage of to pursue reforms of tax and spending policies.
This paper analyses two-way interactions between monetary policy and inequality in selected advanced economies. In the context of a highly accommodative monetary stance over recent years, the analysis focuses on the effects of monetary policy on inequality over the business cycle via its impacts on returns on assets, the cost of debt servicing and asset prices.
Despite having low government spending, Switzerland scores highly in various public policy outcomes, including health, education and transportation. But, as the population grows and ages, efficiency of public spending will have to rise to maintain low tax rates.
This paper uses data envelopment analysis (DEA) to assess the efficiency of welfare spending in a sample of OECD countries around 2012, focussing on health care, secondary education and general public services.
This paper examines the potential contribution of RIA to better incorporating the inclusive growth perspective in regulatory decision-making.
English, PDF, 1,601kb
This OECD Regulatory Policy Working Paper relies on an empirical stocktaking of mutual recognition agreements (MRAs) among selected OECD countries. It aims to build a greater understanding of the benefits and pitfalls of one of the 11 mechanisms of international regulatory co-operation.
English, PDF, 1,794kb
This OECD Regulatory Policy Working Paper presents the methodology, key results and statistical analysis of the 2015 Indicators of Regulatory Policy and Governance (iREG) to complement the OECD Regulatory Policy Outlook 2015.
Reforms over the past two decades have produced a well-balanced, modern tax system. However, considerable revenues will be needed in the years ahead to expand social spending and infrastructure in order to raise growth and well-being. The challenge is to generate these revenues without penalising growth or exacerbating inequality.