Working Papers


  • 6-June-2014

    English

  • 5-June-2014

    English

    Local public finances and municipal reform in Finland

    Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social services.

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  • 7-May-2014

    English, PDF, 13,441kb

    Comments action 2 Hybrid Mismatch Arrangements

    Comments on Action item 2 - Hybrid Mismatch Arrangements

  • 24-April-2014

    English

    How to improve taxes and transfers in Israel

    Ensuring tax and transfer systems bring sufficient revenue to reach macroeconomic fiscal targets, address societal goals in re-distribution and social welfare, recognise the influence taxation has on businesses’ competitiveness and adequately address environmental externalities is a tough challenge, arguably more so in Israel than in many other OECD countries.

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  • 10-March-2014

    English

  • 6-January-2014

    English

    The effect of government debt, external debt and their interaction on OECD interest rates

    In the wake of the financial crisis there has been renewed focus on the importance of a country’s net external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and Spinelli (2012) to investigate the effect of external debt and its interaction with government debt on the interest-rate-growth differential.

  • 24-December-2013

    English

    The Swedish Tax on Nitrogen Oxide Emissions: Lessons in Environmental Policy Reform - Environment Policy Paper No. 2

    This case study describes the approach taken to reduce NOx emissions from combustion plants, the challenges encountered and the social, environmental and economic impacts. It concludes by discussing the wider lessons that are raised for other governments seeking to develop similar policy responses.

  • 10-December-2013

    English

    New econometric estimates of long-term growth effects of different areas of public spending

    Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth.

  • 10-December-2013

    English

    Cross-country spillovers from fiscal consolidations

    In many OECD countries, government debt reached levels over recent years that call for reduction over the medium to longer term to ensure public finance sustainability. This paper investigates the international transmission of fiscal consolidation shocks via trade flows.

  • 16-October-2013

    English

    Policies for inclusive urbanisation in China

    Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased further thanks to agglomeration effects.

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