News & Events

News

Chile should do more to improve labour market outcomes...

17-Jan-2012

Chile should do more to improve labour market outcomes for workers at risk of poverty including better training and job placement services. Extending unemployment benefits further and limiting severance pay would improve workers’ protection against unemployment and reduce labour market duality.

Chile social policies

17-Jan-2012

Higher cash transfers for the poor combined with support for recipients to find employment and better education opportunities would contribute to reducing still high poverty and inequality in Chile.

Current issues in managing government debt and assets

05-Jan-2012

The management of government debt and assets has important implications for fiscal positions. Debt managers aim to secure non-interrupted funding at lowest medium-term costs subject to risks.

Exploring determinants of subjective wellbeing in OECD countries – evidence from the World Value Survey

03-Jan-2012

The paper explores issues with assessing wellbeing in OECD countries based on self-reported life satisfaction surveys in a pooled regression over time and countries, at the country level and the OECD average. The results, which are in line with previous studies of subjective wellbeing, show that, apart from income, the state of health, not being unemployed, and social relationships are particularly important for wellbeing with only some differences across countries.

Reassessing the NAIRUs after the crisis

02-Jan-2012

The financial crisis has resulted in a substantial increase in unemployment in the OECD. This paper shows that this increase has reversed the reduction in structural unemployment which has been estimated to have occurred in most OECD countries since the late 1990s.

Explaining the interest-rate-growth differential underlying government debt dynamics

02-Jan-2012

The differential between the interest rate paid to service government debt and the growth rate of the economy is a key concept in assessing fiscal sustainability. Among OECD economies, this differential was unusually low for much of the last decade compared with the 1980s and the first half of the 1990s.

Russia: progress in structural reform and framework conditions

02-Jan-2012

In the 16 years since the OECD began conducting Economic Surveys of the Russian Federation, a great many policy recommendations relating to structural reform and framework conditions have been made. This paper, expanding on Annex 1.A1 in the 2011 OECD Economic Survey of the Russian Federation, provides a summary tabulation of the state of implementation of a large number of these past Survey recommendations.

Public spending efficiency in the Czech Republic: fiscal policy framework and the main spending areas of pensions and healthcare

02-Jan-2012

The Czech fiscal position is generally sound and policy making is prudent. However, the fiscal framework was not strong enough to contain spending in the upturn and it would benefit from independent budget oversight. An anchor for the fiscal policy would be helpful, in the form of an explicit debt target coupled with corresponding spending ceilings and deficit targets.

Informal workshop on public pensions sustainability

23-Dec-2011

The effective retirement age is a crucial determinant of the sustainability of pension systems. Disability pension is becoming a more important exit from the labour market as more general early retirement options are closed. This workshop deals with two major issues: 1) Introducing the economic dependency ratio as a pension system sustainability indicator; and 2) Understanding the way into disability: The case of Austria. Finally a social partner consensus is presented.

Employment protection legislation and plant-level productivity in India

19-Dec-2011

Using plant-level data from the Annual Survey of Industries (ASI) for the fiscal years from 1998-99 through 2007-08, this study provides plant-level cross-state/time-series evidence of the impact of employment protection legislation (EPL) on total factor productivity (TFP) and labour productivity in India.




Top of page