The data analyses the size of revisions for the first estimates of seasonally adjusted, quarter-on-quarter and year-on-year GDP volume growth rates, as published in successive issues of the OECD Main Economic Indicators database and collected in the Revisions Analysis Dataset – Infra-annual Indicators online dataset.
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From now on, GDP and some related indicators will be identical across the respective databases of several international organisations.
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This Statistics Brief analyses revisions to quarterly GDP growth rates for 18 OECD countries from the fourth quarter of 1994 to the fourth quarter of 20132. It looks at the magnitude of the revisions to economic growth and its underlying expenditure components.
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Evidence from the OECD Wealth Distribution Database for 18 OECD countries highlights large differences in wealth holdings across OECD countries. Moreover, wealth inequality is much larger than income inequality due to financial assets that are very unequally distributed and mainly accrue to top income and top wealth households.
Statistics Working Paper N. 61, 2015/3 - This article gives methodological guidance on how best to compare the share of profits in value-added across countries using national accounts. The four countries covered are France, Germany, Italy and the United States.
Following the Society for Economic Measurement (SEM)’s highly successful Inaugural Conference at the University of Chicago in August 2014, the 2nd International Conference is being hosted by the OECD in Paris.
The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones. It tends to drag down GDP growth, due to the rising distance of the lower 40% from the rest of society. Lower income people have been prevented from realising their human capital potential, which is bad for the economy as a whole. This book highlights the key areas where inequalities are created and where new policies are required, including: the consequences of current consolidation policies; structural labour market changes with rising non-standard work and job polarization; persisting gender gaps; the challenge of high wealth concentration, and the role for redistribution policies.
The world is still repairing the damage done to employment prospects and social equality by the crisis. Governments are trying to create not just more jobs, but better jobs. A new OECD framework helps them to define what job quality means and to measure whether their policies are succeeding.
The special Conference on “W(h)ither the SNA?” is jointly organised by the International Association for Research in Income and Wealth (IARIW) and the OECD.