Working Papers


  • 3-May-2012

    English

    Bringing Belgian public finances to a sustainable path

    Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the sustainability of public finances.

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  • 10-April-2012

    English

    Tax reform in Norway: a focus on capital taxation

    Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly undermining economic performance and while paying attention to environmental externalities.

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  • 13-March-2012

    English

    Assessing the sensitivity of Hungarian debt sustainability to macroeconomic shocks under two fiscal policy reactions

    Hungarian debt level has steadily increased since 2001, with the debt-to-GDP ratio reaching about 84% at end-2011.

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  • 13-March-2012

    English

    Work incentives and recent reforms of the tax and benefit system in Hungary

    Reducing the extent of inactivity and promoting labour supply is essential to foster labour market outcomes in Hungary in the medium term.

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  • 13-March-2012

    English

    Non-Keynesian effects of fiscal consolidation: an analysis with an estimated DSGE model for the Hungarian economy

    Using an estimated DSGE model for Hungary, the paper identifies the possible non-Keynesian channels through which a fiscal consolidation may manifest as expansionary.

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  • 23-February-2012

    English

    Fiscal consolidation: Part 2. Fiscal multipliers and fiscal consolidations

    This paper provides an analysis of large and sustained fiscal consolidation episodes in OECD countries implemented between 1980 and 2000.

  • 23-February-2012

    English

    Fiscal consolidation: Part 4. Case studies of large fiscal consolidation episodes

    This paper provides an analysis of large and sustained fiscal consolidation episodes in OECD countries implemented between 1980 and 2000.

  • 14-February-2012

    English

    Building blocks for a better functioning housing market in Chile

    Chile has made good progress in improving housing conditions, but still around 10% of the population lives in either overcrowded houses, or of inadequate quality and/or with poor access to basic services.

  • 8-February-2012

    English

    The impact of changes in second pension pillars on public finances in Central and Eastern Europe

    This paper studies the impact of recent changes in second pension pillars of three Central and Eastern European Countries on the deficit and implicit debt of their full pension systems.

  • 31-January-2012

    English

    Reforming education in England

    Despite significant increases in spending on child care and education during the last decade, PISA scores suggest that educational performance remains static, uneven and strongly related to parents’ income and background.

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