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News & Events
News
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19-Jan-2012
This paper takes a fresh look at the nature of financial and real business cycles in OECD countries using annual data series and shorter quarterly and monthly economic indicators.
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17-Jan-2012
Chile’s fiscal rule has served the country well, but more could be done to streghen its fiscal framework. An independent fiscal council would contribute to maintaining the transparency of the fiscal rule and its accountability. Higher tax revenues will be needed to finance long-term spending increases.
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17-Jan-2012
Notwithstanding recent progress, Chile should make further efforts to improve the quality of education and ensure more equal access to enhance productivity performance and lower inequality.
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17-Jan-2012
Chile has made good progress in improving housing conditions, but more needs to be done to improve access to quality housing, reduce residential segregation and enhance mobility.
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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.
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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.
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17-Jan-2012
Chile’s vigorous recovery after the global recession of 2008-09 and the devastating earthquakes and tsunamis of early 2010 has lost some momentum. This Survey discusses policies to strengthen economic growth, strengthen the fiscal framework, lower poverty and inequality and improve the functioning of the housing market.
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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.
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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.
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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.
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