Economics Department Working Papers

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Note: The views expressed in these papers are those of the author[s] and do not necessarily
reflect those of the OECD or of the governments of its Member countries.
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2008

603 Oil Price Shocks, Rigidities and the Conduct of Monetary Policy: Some Lessons from a
New Keynesian Perspective
by Romain Duval and Lukas Vogel

602 The Contribution of Economic Geography to GDP Per Capita

By Hervé Boulhol, Alain de Serres and Margit Molnar

601 Estimating a supply block for Poland

by Rafał Kierzenkowski, Patrice Ollivaud, Franck Sédillot and Philippe Briard

600 Product Market Regulation and economic performance across Indian States
by Paul Conway, Richard Herd & Thomas Chalaux
599 Improving Product Market Regulation in India: An International and Cross-State
comparison
by Paul Conway and Richard Herd
598 Revenue Buoyancy and its Fiscal Policy Implications
by Isabelle Joumard and Christophe André
597 Monetary Policy, Market Excesses and Financial Turmoil
by Rudiger Ahrend, Boris Cournède and Robert Price
596 Explaining differences in hours worked among OECD countries: an empirical analysis
by Orsetta Causa
595 Fiscal policy in India: past reforms and future challenges
by Richard Herd and Willi Leibfritz
594 The significance of Switzerland’s enormous current account surplus
by Peter Jarrett and Céline Letremy
593 Interdependencies between monetary policy and foreigh-exchange intervention under
inflation targeting: The case of Brazil and the Czech Republic
by Jean-Yves Gnabo, Luiz de Mello and Diego Moccero

2007

592 Solow or Lucas? Testing growth models using panel data from OECD countries
by Jens Arnold, Andrea Bassanini and Stefano Scarpetta

591 The private internal rates of return to tertiary education: new estimates for 21 OECD
countries
by Romina Boarini and Hubert Strauss

590 Making federalism work in Italy

by Alexandra Bibbee

1
589 The wage premium on tertiary education: new estimates for 21 OECD countries
by Hubert Strauss and Christine de la Maisonneuve

588 Enhancing the benefits of financial liberalisation in Belgium

by Stefan Ide, Jens Høj and Patrick Lenain

587 Improving incentives in tertiary education in Belgium

by Jens Høj

586 Globalisation and the European Union: Which countries are best placed to cope?
by David Rae & Marte Sollie

585 Primary and secondary education in the United States

by Peter Tulip and Gregory Wurzburg

584 Financing higher education in the United States

by Peter Tulip

583 Corporate net lending: A review of recent trends

by Christophe André, Stéphanie Guichard, Mike Kennedy and David Turner

582: The costs of delaying fiscal consolidation: a case study for Greece
by Vassiliki Koutsogeorgopoulou & David Turner

581: Local government finances: The link between intergovernmental transfers and net
worth
by Luiz de Mello

580: Boosting Austria's Innovation Performance

by Willi Leibfritz and Jürgen Janger

579: Improving employment prospects in the Slovak Republic: building on past reforms
by Andrés Fuentes

578: Improving education outcomes in the Slovak Republic

by David Carey

577: How regulatory reforms in Sweden have boosted productivity

by Espen Erlandsen and Jens Lundsgaard

576: The Policy Determinants of Investment in Tertiary Education

Joaquim Oliveira Martins, Romina Boarini, Hubert Strauss,Christine de la Maisonneuve and
Clarice Saadi

575: Product Market Competition in the OECD Countries: Taking Stock and Moving Forward
by Jens Høj, Miguel Jimenez, Maria Maher, Giuseppe Nicoletti, and Michael Wise

574: Too Little Destruction, Too Little Creation: A Schumpeterian Diagnosis of Barriers to
Sustained Growth in Ukraine
by Christian Gianella and William Tompson

573: How do the OECD growth projections for the G7 economies perform? A post-mortem
by Lukas Vogel
572 Austria’s deepening economic integration with Central and Eastern Europe
by Rina Bhattacharya

571 Meeting the challenges of decentralisation in France

by Stéphanie Jamet

570 Enhancing incentives to improve performance in the education system in France

by Paul O'Brien

569 Combating poverty and social exclusion in France

by Stéphanie Jamet

568 Competition Law and Policy Indicators for the OECD countries
by Jens Høj

567: Structural policies and economic resilience to shocks

by Romain Duval, Jørgen Elmeskov and Lukas Vogel

566: Family policy in Hungary: how to improve the reconciliation between work and family?
by Philip Hemmings

565: Encouraging sub-national government efficiency in Hungary

by Alessandro Goglio

564: Integration of immigrants in OECD countries: do policies matter?

by Orsetta Causa and Sébastien Jean

563: The unemployment impact of immigration in OECD countries

by Sébastien Jean and Miguel Jiménez

562: Migration in OECD countries: labour market impact and integration issues
by Sébastien Jean, Orsetta Causa, Miguel Jimenez and Isabelle Wanner

561: The internationalisation of production, international outsourcing and employment in the

OECD
by Margit Molnar, Nigel Pain and Daria Taglioni

560: Why has Swedish inflation been persistently low?

by Felix Hüfner

559: The Swedish housing market – better allocation via less regulation
by Felix Hüfner and Jens Lundsgaard

558: Linkages between performance and institutions in the primary and secondary education
sectorby Douglas Sutherland and Robert Price

557: Toward a more efficient taxation system in New Zealand

by Annabelle Mourougane

556: Income inequality, poverty and social spending in Japan

by Randall S. Jones

3
555. Improving the efficiency of health care spending: selected evidence on hospital
performance
by Espen Erlandsen

554. Cross-country analysis of efficiency in OECD health care sectors: options for research
by Unto Häkkinen and Isabelle Joumard

553. What promotes fiscal consolidation: OECD country experiences

by Stéphanie Guichard, Mike Kennedy, Eckhard Wurzel and Christophe André

552. Globalisation and the Macroeconomic Policy Environment

by Karine Hervé, Isabell Koske, Nigel Pain and Franck Sédillot. May 2007

551. Why has core inflation remained so muted in the face of the oil shock?
by Paul van den Noord and Christophe André. April 2007

550. Housing markets and adjustments in monetary union

by Peter Hoeller and David Rae. April 2007

549. Financial markets in Iceland

by Peter Tulip. April 2007

548. The political economy of delaying fiscal consolidation

Boris Cournède. March 2007

547. The impact on growth of higher efficiency of public spending on schools

Frédéric Gonand. March 2007

546. Performance indicators for public spending efficiency in primary and secondary
education
Douglas Sutherland, Robert Price, Isabelle Joumard and Chantal Nicq. February 2007

545. Monetary policy and macroeconomic stability in Latin America: The cases of Brazil,
Chile, Colombia and Mexico
Luiz de Mello and Diego Moccero. February 2007

544. The Brazilian "tax war": The case of value-added tax competition among the states
Luiz de Mello. February 2007. Forthcoming in Public Finance Review, 2007.

543. Public spending efficiency: institutional indicators in primary and secondary educations
Frédéric Gonand, Isabelle Joumard and Robert Price. February 2007

542. Enhancing Turkey's growth prospects by improving formal sector business conditions
Rauf Gönenç, Willi Leibfritz and Gökhan Yilmaz. January 2007

541. Fiscal relations across levels of government in Australia

Vassiliki Koutsogeorgoppoulou. January 2007

540. Russian manufacturing and the threat of 'Dutch disease'. A comparison of

competitiveness developments in Russia and Ukrainian industry
Rudiger Ahrend, Donato De Rosa and William Tompson. January 2007
539. Stimulating innovation in Russia: The role of instititutions and policies
Christian Gianella and William Tompson. January 2007

538. Healthcare reform in Russia: Problems and prospects

William Tompson. January 2007

537. A golden rule for Russia? How a rule-based fiscal policy can allow a smooth adjustment
to the new terms of trade
Christian Gianella. January 2007

536. From "clientelism" to a "client-centred orientation"? The challenge of public

administration reform in Russia
William Tompson. January 2007

5
2006

535. Has the rise in debt made households more vulnerable?

Nathalie Girouard, Mike Kennedy and Christophe André. December 2006

534. Social security reform in Brazil: Achievements and remaining challenges

Fabio Giambiagi and Luiz de Mello. December 2006

533. Improving labour utilisation in Brazil

Luiz de Mello, Naércio Menezes Filho and Luiz G. Scorzafave. December 2006

532. Boosting innovation performance in Brazil

Carlos H. de Brito Cruz and Luiz de Mello. December 2006

531. Consolidating macroeconomic adjustment in Brazil

Luiz de Mello and Diego Moccero. December 2006

530. Product market regulation in the non-manufacturing sectors of OECD countries:

measurement and highlights
Paul Conway and Giuseppe Nicoletti. December 2006

529. The Turkish pension system: further reforms to help solve the informality problem
Anne Marie Brook and Edward Whitehouse. December 2006

528. Policies to improve Turkey's resilience to financial market shocks

Anne-Marie Brook. December 2006

527. Upgrading Japan's innovation system to sustain economic growth

Randall S. Jones and Tadashi Yokoyama. December 2006

526. Strengthening the integration of Japan in the world economy to benefit more fully from
globalisation
Randall S. Jones and Taesik Yoon. December 2006

525. OECD's FDI regulatory restrictiveness index: Revision and extension to more economies
Takeshi Koyama and Stephen Golub. December 2006

524. Globalisation and inflation in the OECD economies

Nigel Pain, Isabell Koske and Marte Sollie. November 2006

523. Identifying determinants of Germany's international price competitiveness - A structural

VAR approach
Martin Meurers. November 2006

522. Short-term pain for long-term gain: The impact of structural reform on fiscal outcomes
in EMU
Paul van den Noord and Boris Cournède. November 2006

521. Interactions between monetary and fiscal policy: How monetary conditions affect fiscal
consolidation
Rudiger Ahrend, Pietro Catte and Robert Price. November 2006
520. Restoring fiscal sustainability in the Euro Area: raise taxes or curb spending?
Boris Cournède and Frédéric Gonand. October 2006

519. Should measures of fiscal stance be adjusted for terms of trade effects?
David Turner. October 2006

518. Monetary policy and inflation expectations in Latin America: Long run effects and
volatility spillovers
Luiz de Mello and Diego Moccero. October 2006

517. Social safety nets and structural adjustment

Paul van den Noord, Nathalie Girouard and Christophe André. October 2006

516. Adapting the Icelandic education system to a changing environment

Hannes Suppanz. September 2006

515. Forecasting monthly GDP for Canada

Annabelle Mourougane. September 2006

514. Finland's housing market: reducing risks and improving policies

Laura Vartia. September 2006

513. The Danish housing market: less subsidy and more flexibility
Espen Erlandsen, Jens Lundsgaard and Felix Hüfner. September 2006

512. Labour market reform in Germany: How to improve effectiveness

Eckhard Wurzel. September 2006

511. Removing obstacles to employment for women in Ireland

Boris Cournède. September 2006

510. Assessing Russia's non-fuel trade elasticities: Does the Russian economy react
"normally" to exchange rate movements?
Christian Gianella and Corinne Chanteloup. September 2006

509. Regulation, competition and productivity convergence

Paul Conway, Donato De Rosa, Giuseppe Nicoletti and Faye Steiner. September 2006
This work has also been published in OECD Economic Studies No. 43/1 2007 (forthcoming)

508. Improving education achievement and attainment in Luxembourg to compete in the

labour market
David Carey and Ekkehard Ernst. September 2006

507. Raising economic performance by fostering product market competition in Germany

Andrés Fuentes, Eckhard Wurzel and Andreas Reindl. August 2006

506. Regulation of financial systems and economic growth

Alain de Serres, Shuji Kobayakawa, Torsten Sløk and Laura Vartia. August 2006

505. Enhancing Portugal's human capital

Stéphanie Guichard and Bénédicte Larre. August 2006

7
504. Improving labour market performance in France
Stéphanie Jamet. July 2006

503. Wage setting in Finland: increasing flexibility in centralised wage agreements

Åsa Johansson. July 2006

502. Taxation, business environment and FDI location in OECD countries

Dana Hajkova, Giuseppe Nicoletti, Laura Vartia and Kwang-Yeol Yoo. July 2006
This work has also been published in OECD Economic Studies No. 43/1 2007 (forthcoming)

501. The political economy of structural reform: Empirical evidence from OECD countries
Jens Høj, Vincenzo Galasso, Giuseppe Nicoletti and Thai-Thanh Dang. July 2006
This work has also been published in OECD Economic Studies No. 43/1 2007 (forthcoming)

500. Labour market performance, income inequality and poverty in OECD countries and
Annexes
Jean-Marc Burniaux, Flavio Padrini and Nicola Brandt. July 2006

499. Improving public-spending efficiency in Czech regions and municipalities

Philip Hemmings. July 2006

498. Policies to promote innovation in the Czech Republic

Alessandro Goglio. July 2006

497. Getting education right for long-term growth in the Czech Republic
Alessandro Goglio. July 2006

496. Assessing the 2005 Czech proposals for pension reform

Philip Hemmings and Edward Whitehouse. July 2006

495. Poland's education and training: Boosting and adapting human capital
Paul O'Brien and Wojciech Paczynski. June 2006

494. The rates and revenue of bank transaction taxes

Jorge Baca-Campolonico, Luiz de Mello and Andrei Kirilenko. June 2006

493. Nothing ventured, nothing gained: The long-run fiscal reward of structural reforms
Peter Hoeller and Claude Giorno. June 2006

492. Ireland's housing boom: What has driven it and have prices overshot?
David Rae and Paul van den Noord. June 2006

491. Boosting competition in Ireland.

David Rae, Line Vogt and Michael Wise. June 2006

490. Factors behind low long-term interest rates

Rudiger Ahrend, Pietro Catte and Robert Price. June 2006

489. The Fiscal challenge in Portugal

Stéphanie Guichard and Willi Leibfritz. June 2006

488. Are house prices nearing a peak? A probit analysis for 17 OECD countries
Paul van den Noord. June 2006
487. Maintaining Switzerland's top innovation capacity
Florence Jaumotte. June 2006

486. Employment patterns in OECD countries: reassessing the role of policies and institutions
Andrea Bassanini and Romain Duval. June 2006

485. Brazil's fiscal stance during 1995-2005: The effect of indebtedness on fiscal policy over
the business cycle
Luiz de Mello and Diego Moccero. May 2006

484. Realising the oil supply potential of the CIS: the impact of institutions and policies
Rudiger Ahrend and William Tompson. May 2006

483. Summary of a workshop on global convergence scenarios: structural and policy issues
Nick Vanston (Rapporteur). May 2006

482. New OECD methods for supply-side and medium-term assessment: a capital services
approach
Pierre-Olivier Beffy, Patrice Ollivaud, Pete Richardson and Frank Sédillot. July 2006

481. Balancing health care quality and cost containment: the case of Norway
Alexandra Bibbee and Flavio Padrini. February 2006

480. The ageing challenge in Norway: ensuring a sustainable pension and welfare system
Benoît Bellone and Alexandra Bibbee. February 2006

479: Strengthening innovation in the Netherlands: making better use of knowledge creation
in innovation activities
David Carey, Ekkehard Ernst, Rebecca Oyomopito and Jelte Theisens. February 2006

478: How to sustain growth in a resource based economy? The main concepts and their
application to the Russian case
Rudiger Ahrend. February 2006

477: Projecting OECD health and long-term care expenditures: What are the main drivers?
February 2006. This work has also been published as Oliveira Martins and de la Maisonneuve,
"The Drivers of Public Expenditure on Health and Long-Term Care: an Integrated Approach",
OECD Economic Studies, no. 42 2006

476: Alternative measures of well-being

Romina Boarini, Åsa Johansson and Marco Mira D'Ercole. February 2006

475: Recent house price developments: the role of fundamentals

Nathalie Girouard, Mike Kennedy, Paul van den Noord and Christophe André. January 2006

474: Reforming federal fiscal relations in Austria

Andrés Fuentes, Eckhard Wurzel and Andreas Wörgötter. January 2006

473: Product market competition and economic performance in France

Jens Høj and Michael Wise. January 2006

9
2005

472: Product market reforms and employment in OECD countries

Giuseppe Nicoletti and Stefano Scarpetta. December 2005

471: Fast-falling barriers and growing concentration: the emergence of a private economy in
China
Sean Dougherty and Richard Herd. December 2005. This work has also been published in the
China Economic Review, Vol. 18/3, 2007.

470: Sustaining high growth through innovation: reforming the R&D and education systems
in Korea
Yongchun Baek and Randall S. Jones. December 2005

469: The labour market in Korea: Enhancing flexibility and raising participation
Randall S. Jones. December 2005

468: Getting the most out of public-sector decentralisation in Korea

Randall S. Jones and Tadashi Yokoyama. December 2005

467: Coping with the inevitable adjustment in the US current account

Peter Jarrett. December 2005

466: Is there a case for sophisticated balanced-budget rules

Antonio Fatás. December 2005

465: Fiscal rules for sub-central governments: design and impact

Douglas Sutherland, Robert Price and Isabelle Joumard. December 2005

464: Assessing the robustness of demographic projections in OECD countries

Frédéric Gonand. December 2005

463: The benefits of liberalising product markets and reducing barriers to international trade
and investment in the OECD
December 2005

462: Fiscal relations across levels of government in the United States

Thomas Laubach. November 2005

461: Assessing the value of indicators of underlying inflation for monetary policy
Pietro Catte and Torsten Sløk. November 2005

460: Regulation and economic performance: product market reforms and productivity in the
OECD
Giuseppe Nicoletti and Stefano Scarpetta. November 2005
This work has also been published in Institutions, Development, and Economic Growth, (T.S.
Eicher and C. García-Peñalosa eds.), MIT Press, Cambridge, MA, 2006.

459: Innovation in the Business Sector

Florence Jaumotte and Nigel Pain. December 2005
458: From innovation development to implementation: evidence from the Community
Innovation Survey
Florence Jaumotte and Nigel Pain. December 2005

457: From ideas to development: the determination of R&D and patenting

Florence Jaumotte and Nigel Pain. December 2005

456: An overview of public policies to support innovation

Florence Jaumotte and Nigel Pain. December 2005

455: Strengthening regulation in Chile: the case of network industries

Alexander Galetovic and Luiz de Mello. November 2005

454: Fostering innovation in Chile

José-Miguel Benavente, Luiz de Mello and Nanno Mulder. November 2005

453: Getting the most out of public sector decentralisation in Mexico

Isabelle Joumard. October 2005

452: Raising Greece's potential output growth

Vassiliki Koutsogeorgopoulou and Helmut Ziegelschmidt. October 2005

451: Product market competition and economic performance in Australia

Helmut Ziegelschmidt, Vassiliki Koutsogeorgopoulou, Simen Bjornerud and Michael Wise.
October 2005

450: House prices and inflation in the Euro Area

Boris Cournède. October 2005

449: The EU's single market: at your service?

Line Vogt. October 2005

448: Slovakia's introduction of a flat tax as part of wider economic reforms

Anne-Marie Brook and Willi Leibfritz. September 2005

447: The education challenge in Mexico: delivering good quality education to all
Stéphanie Guichard. September 2005

446: In search of efficiency: improving health care in Hungary

Alessandro Goglio. September 2005

445: Hungarian innovation policy: what's the best way forward?

Philip Hemmings. September 2005

444: The challenges of EMU accession faced by catching-up countries: A Slovak Republic
case study
Anne-Marie Brook. September 2005

443: Getting better value for money from Sweden's healthcare system
David Rae. September 2005

442: How to reduce sickness absences in Sweden: lessons from international experience
David Rae. September 2005

11
441: The labour market impact of rapid ageing of government employees: Some illustrative
scenarios
Jens Høj and Sylvie Toly. September 2005

440: The new OECD international trade model

Nigel Pain, Annabelle Mourougane, Franck Sédillot and Laurence Le Fouler. August 2005

439: The French tax system: Main characteristics, recent developments and some
considerations for reform
Willi Leibfritz and Paul O'Brien. July 2005

438: The effects of EMU on structural reforms in labour and product markets
Romain Duval and Jørgen Elmeskov. July 2005

437: Product market competition and economic performance in New Zealand

Annabelle Mourougane and Michael Wise. July 2005

436: Getting the most out of public sector decentralisation in Spain

Isabelle Joumard and Claude Giorno. July 2005

435: Sources of inflation persistence in the Euro Area

Boris Cournède, Alexandra Janovskaia and Paul van den Noord. July 2005

434: Measuring cyclically-adjusted budget balances for OECD countries

Nathalie Girouard and Christophe André. July 2005

433: Product market competition and economic performance in the United Kingdom
Maria Maher and Michael Wise. June 2005

432: The benefits of liberalising product markets and reducing barriers to international trade
and investment: the case of the United States and the European Union
June 2005

431: Boosting growth through greater competition in Denmark

Martin Jorgensen. May 2005

430: Fifteen years of economic reform in Russia: what has been achieved? What remains to
be done?
Rudiger Ahrend and William Tompson. May 2005

429: Assessing the OECD Jobs Strategy: Past developments and reforms
and Annexes
Nicola Brandt, Jean-Marc Burniaux and Romain Duval. May 2005

428: Ageing, welfare services and municipalities in Finland

Jens Lundsgaard. May 2005

427: The impact of structural policies on trade-related adjustment and the shift to services
Per Mathis Kongsrud and Isabelle Wanner. April 2005

426: Product market competition and economic performance in Iceland

Thomas Laubach and Michael Wise. April 2005
425: Enhancing Brazil's regulatory framework for network industries: the case of electricity,
oil and gas, and water and sanitation
Edmar Almeida and Nanno Mulder. April 2005

424: Education attainment in Brazil: the experience of FUNDEF

Luiz de Mello and Mombert Hoppe. April 2005

423: Estimating a fiscal reaction function: the case of debt sustainability in Brazil
Luiz de Mello. April 2005. Forthcoming in Applied Economics, 2007.

422: Product market competition and economic performance in the Netherlands

Maria Maher and Michael Wise. March 2005

421: Product market competition and economic performance in Canada

Maria Maher and Jay Shaffer. March 2005

420: The impact of ageing on demand, factor markets and growth

Joaquim Oliveira Martins, Frédéric Gonand, Pablo Antolin, Christine de la Maisonneuve and
Kwang-Yeol Yoo. March 2005

419: Product market regulation in OECD countries: 1998 to 2003

Paul Conway, Véronique Janod, Giuseppe Nicoletti. February 2005

418: Reforming Turkey's public expenditure management

Rauf Gönenç, Willi Leibfritz and Erdal Yilmaz. February 2005

417: Fiscal gimmickry in Europe: One-off measures and creative accounting

Vincent Koen and Paul van den Noord. February 2005. This work has also been published in
Wierts, P., S. Deroose, E. Flores and A. Turrini (eds), Fiscal Policy Surveillance in Europe,
Palgrave Macmillan, 2006.

416: Getting the most out of public sector decentralisation in Japan

Isabelle Joumard and Tadashi Yokoyama. January 2005

415: Structural policy reforms and external imbalances

Mike Kennedy and Torsten Sløk. January 2005

414: The jobs challenge in Poland: policies to raise employment

Andrew Burns and Przemyslaw Kowalski. December 2004

2004

413: Product market competition and economic performance in Finland

Jens Høj and Michael Wise. December 2004

412: Oil price developments: drivers, economic consequences and policy responses
Anne-Marie Brook, Robert Price, Douglas Sutherland, Niels Westerlund and Christophe André.
December 2004

411: Wealth effects on money demand in EMU: econometric evidence

Laurence Boone, Fanny Mikol and Paul van den Noord. November 2004

13
410: Banking reform in Russia: problems and prospects
William Tompson. November 2004

409: Public expenditure management in France

Andrew Burns and Alessandro Goglio. October 2004

408: Russian industrial restructuring: trends in productivity, competitiveness, and

comparative advantage
Rudiger Ahrend. October 2004

407: Improving the capacity to innovate in Germany

Andrés Fuentes, Eckhard Wurzel and Margaret Morgan. October 2004

406: Tax treatment of private pension savings in OECD countries and the net tax cost per
unit of contribution to tax-favoured schemes
Kwang-Yeol Yoo and Alain de Serres. October 2004

405: The reform of health care system in Portugal

Stéphanie Guichard. October 2004

404: Accounting for Russia’s post-crisis growth

Rudiger Ahrend. September 2004

403: Restructuring Russia’s electricity sector: Towards effective competition or faux

liberalisation?
William Tompson. September 2004

402: Russia's gas sector: the endless wait for reform?

Rudiger Ahrend and William Tompson. September 2004

401: One money, one cycle? Making Monetary Union a smoother ride
Peter Hoeller, Claude Giorno and Christine de la Maisonneuve. September 2004

400: Modelling cyclical divergence in the euro area: the housing channel
Paul van den Noord. September 2004

399: Product market competition and economic performance in Korea

Yongchun Baek, Randall Jones and Michael Wise. August 2004

398: Product market competition and economic performance in the United States
Hannes Suppanz, Michael Wise and Michael Kiley. July 2004

397: Saving behaviour and the effectiveness of fiscal policy

Luiz de Mello, Per Mathis Kongsrud and Robert Price. July 2004

396: The impact of exchange rate regimes on real exchange rates in South America, 1990-
2002
Anne-Laure Baldi and Nanno Mulder. June 2004

395: How market imperfections and trade barriers shape specialisation: South America vs.
OECD
Joaquim Oliveira Martins and Tristan Price. June 2004. This work has also been published in
Trade and Competitiveness in Argentina, Brazil and Chile: not as Easy as A-B-C, OECD, Paris,
2004

394: Housing Markets, wealth and the business cycle

Pietro Catte, Nathalie Girouard, Robert Price and Christophe André. June 2004

393: Long-term budgetary implications of tax-favoured retirement plans

Pablo Antolin, Alain de Serres and Christine de la Maisonneuve. June 2004

392: Enhancing income convergence in Central Europe after EU accession

Patrick Lenain and Lukasz Rawdanowicz. June 2004

391: Asset price cycles, "one-off" factors and structural budget balance
Nathalie Girouard and Robert Price. June 2004

390: Channels for narrowing the US current account deficit and implications for other
economies
Anne-Marie Brook, Franck Sédillot and Patrice Ollivaud. May 2004

389: Product market competition and economic performance in Norway

Jens Høj and Michael Wise. May 2004

388: Product market competition and economic performance in Sweden

Deborah Roseveare, Martin Jørgensen and Lennart Goranson. May 2004

389. Product market competition and economic performance in Japan

Jens Høj and Michael Wise. May 2004

386: Migration and integration of immigrants in Denmark

Deborah Rozeveare and Martin Jorgensen. April 2004

385: Factors driving risk premia

Torsten Sløk and Mike Kennedy. April 2004

384: Rationalising public expenditure in the Slovak Republic

Rauf Gönenç and Peter Walkenhorst. March 2004

383: Product market competition and economic performance in Switzerland

Claude Giorno, Miguel Jimenez and Philippe Gugler. March 2004

382: Differences in resilience between the euro-area and US economies

Aaron Drew, Mike Kennedy and Torsten Sløk. March 2004

381: Product market competition and economic performance in Hungary

Carl Gjersem, Philip Hemmings and Andreas Reindl. March 2004

380: Enhancing the effectiveness of public spending: experience in OECD countries

Isabelle Joumard,Per Mathis Kongsrud, Young-Sook Nam and Robert Price. February 2004

379: Is there a change in the trade-off beween output and inflation at low or stable inflation
rates? Some evidence in the case of Japan
Annabelle Mourougane and Hideyuki Ibaragi. February 2004

15
378: Policies bearing on product market competition and growth in Europe
Carl Gjersem. January 2004

2003

377: Reforming the public expenditure system in Korea

Young-Sook Nam and Randall Jones. December 2003

376: Female labour force participation: past trends and main determinants in OECD countries
Florence Jaumotte. December 2003

375: Fiscal relations across government levels

Isabelle Joumard and Per Mathis Kongsrud. December 2003

374: Health-care systems: lessons from the reform experience

Elizabeth Docteur and Howard Oxley. December 2003

373: Non-tariff measures affecting EU exports: Evidence from a complaints-inventory

Peter Walkenhorst and Barbara Fliess. December 2003

372: The OECD medium-term reference scenario: Economic Outlook No. 74

Peter Downes, Aaron Drew and Patrice Ollivaud. December 2003

371: Coping with ageing: a dynamic approach to quantify the impact of alternative policy
options on future labour supply in OECD countries
Jean-Marc Burniaux, Romain Duval and Florence Jaumotte. November 2003

370: The retirement effects of old-age pension systems and other social transfer
programmes in OECD countries
Romain Duval. November 2003

369: Policies for an ageing society: recent measures and areas for further reform
Bernard Casey, Howard Oxley, Edward Whitehouse, Pablo Antolin, Romain Duval and Willi
Leibfritz November 2003

368: Financial market integration in the euro area

Carl Gjersem. October 2003

367: Recent and prospective trends in real long-term interest rates: Fiscal policy and other
drivers
Anne-Marie Brook. September 2003

366: Consolidating Germany's finances: Issues in public sector spending reform

Eckhard Wurzel. September 2003

365: Corporate taxation of Foreign Direct Investment income 1991-2001

Kwang-Yeol Yoo. August 2003

364: Indicator models of real GDP growth in selected OECD countries

Franck Sédillot and Nigel Pain. July 2003

363: Post-crisis changes in banking and corporate landscapes - the case of Thailand
Margit Molnar. June 2003
362: Post-crisis changes in banking and corporate landscapes in Dynamic Asia
Margit Molnar. June 2003

361: After the telecommunications bubble

Patrick Lenain and Sam Paltridge. June 2003

360: Controlling public spending in Iceland

Hannes Suppanz. June 2003

359: Policies and international integration: Influences on trade and foreign direct investment
Giuseppe Nicoletti, Steve Golub, Dana Hajkova, Daniel Mirza and Kwang-Yeol Yoo. June 2003
This work has also been published in OECD Economic Studies No. 36/1 2003

358: Enhancing the effectiveness of public spending in Finland

Philip Hemmings, David Turner and Seija Parviainen. June 2003

357: Measures of restrictions on inward foreign direct investment for OECD countries
Stephen S. Golub. June 2003

356: Tax incentives and house price volatility in the Euro Area: Theory and evidence
Paul van den Noord. June 2003

355: Stuctural policies and growth: a non-technical overview

Alain de Serres. May 2003

354: Tax reform in Belgium

David Carey. May 2003

353: Macroeconomic policy and economic performance

Pedro de Lima, Alain de Serres and Mike Kennedy. April 2003

352: Regulation and investment

Alberto Alesina, Silvia Ardagna, Giuseppe Nicoletti and Fabio Schiantarelli. March 2003
This work has also been published in Journal of the European Economic Association, 3(4),
June 2005.

351: Discretionary fiscal policy and elections: the experience of the early years of EMU
Marco Buti and Paul van den Noord. March 2003

350: The US health system: an assessment and prospective directions for reform
Elizabeth Docteur, Hannes Suppanz and Jaejoon Woo. February 2003

349: The effectiveness of public expenditure in Portugal

Chiara Bronchi. February 2003

348: Comparative analysis of firm demographics and survival: micro-level evidence for the
OECD countries
Eric Bartelsman, Stefano Scarpetta and Fabiano Schivardi. January 2003

347: Regulation, productivity and growth: OECD evidence

Giuseppe Nicoletti and Stefano Scarpetta. January 2003
Also available in Spanish: Regulación, productividad y crecimiento: evidencia en la OCDE
(Mexican Federal Competition Commission, Gaceta Año 6 num. 16(Mayo - Agosto, 2003)

17
2002

346: Public expenditure management in Poland

Andrew Burns and Kwang-Yeol Yoo. December 2002

345: Enhancing the effectiveness of public expenditure in Sweden

Deborah Roseveare. December 2002

344: The decline in private saving rates in the 1990s in OECD countries: How much can be
explained by non-wealth determinants?
Alain de Serres and Florian Pelgrin. December 2002

343: Enhancing the effectiveness of public expenditure in Norway

Isabelle Joumard and Wim Suyker. October 2002

342: Productivity and convergence in a panel of OECD industries: Do regulations and

institutions matter?Stefano Scarpetta and Thierry Tressel. September 2002

341: Managing public expenditure - the UK approach

Paul van den Noord. September 2002

340: The Brazilian pension system - Recent reforms and challenges ahead
Marcos Bonturi. August 2002

339: Challenges in the Mexican financial sector

Marcos Bonturi. August 2002

338: Coping with population ageing in Hungary

Andrew Burns and Jaromir Cekota. August 2002

337: Next steps for public spending in New Zealand: the pursuit of effectiveness
Dave Rae. July 2002

336: Strengthening the management of public spending in Hungary

Jaromir Cekota, Rauf Gönenç and Kwang-Yeol Yoo. July 2002

335: Automatic stabilisers and market flexibility in EMU: is there a trade-off?

Marco Buti, Carlos Martinez-Mongay, Khalid Sekkat and Paul van den Noord. July 2002

334: The economic consequences of terrorism

Patrick Lenain, Marcos Bonturi and Vincent Koen. July 2002

333: Investment in human capital through post-compulsory education and training: selected
efficiency and equity aspects
Sveinbjörn Blöndal, Simon Field and Nathalie Girouard. July 2002

332: Enhancing the effectiveness of public spending in Switzerland

Isabelle Joumard and Claude Giorno. July 2002

331: Competition and efficiency in publicly funded services

Jens Lundsgaard. June 2002
330: Policy pre-commitment and institutional design: a synthetic indicator applied to
currency board
Marie-Thérèse Camilleri Gilson. May 2002

329: The role of policy and institutions for productivity and firm dynamics: Evidence from
micro and industry data
Stefano Scarpetta, Philip Hemmings, Thierry Tressel and Jaejoon Woo. April 2002

328: Improving the efficiency and sustainability of public expenditure in the Czech Republic
Andrew Burns and Kwang-Yeol Yoo. April 2002

327: Increases in business investment rates in OECD countries in the 1990s: How much can
be explained by fundamentals?
Florian Pelgrin, Sebastian Schich and Alain de Serres. April 2002

326: Sectoral shifts in Europe and the United States: How they affect aggregate labour
shares and the properties of wage equations
Alain de Serres, Stefano Scarpetta and Christine de la Maisonneuve. April 2002

325: Coping with population ageing in the Netherlands

David Carey. March 2002

324: Public spending in Italy: policies to enhance its effectiveness

Alexandra Bibbee and Alessandro Goglio. March 2002

323: Overheating in small euro area economies: Should fiscal policy react?
Peter Hoeller, Claude Giorno and Christine de la Maisonneuve. February 2002

322: Encouraging environmentally sustainable growth in Austria

Jens Høj and Andreas Wörgötter. February 2002

321:Health care reform in Japan

Yutaka Imai. February 2002

320: Enhancing Expenditure Control with a Decentralised Public Sector in Denmark

Steen Daugaard. February 2002

319: Options for Reforming the Finnish Tax System

Isabelle Joumard and Wim Suyker. February 2002

318: Product Market Regulation and Wage Premia in Europe and North America: An Empirical
Investigation
Sébastien Jean and Giuseppe Nicoletti. January 2002
This work has also been published in CEPII Working Paper 2004-12, also published as
Leverhulme Centre for Research on Globalisation and Labour Markets Research Paper,
No. 2004-26, September 2004

317:Competition, Innovation and Productivity Growth: A Review of Theory and Evidence

Sanghoon Ahn. January 2002

316: Labour Market Institutions, Product Market Regulation, and Innovation : Cross Country
Evidence
Andrea Bassanini and Ekkehard Ernst. January 2002

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315: Ongoing Changes in the Business Cycle - Evidence and Causes
Thomas Dalsgaard, Jorgen Elmeskov and Cyn-Young Park. January 2002

2001

314: Comment encourager une croissance écologiquement durable en France?

Ann Vourc'h and Patrick Lenain. December 2001

313: Increasing Efficiency and Reducing Complexity in the Tax System in the United
StatesRichard Herd and Chiara Bronchi. December 2001

312: Product and Labour Markets Interactions in OECD Countries

Giuseppe Nicoletti, Andrea Bassanini, Ekkehard Ernst, Sébastien Jean, Paulo Santiago and
Paul Swaim. December 2001

311: Modelling Import Responsiveness for OECD Manufactures Trade

Mara Meacci and David Turner. October 2001

310: Trade Linkages and the Trade Matrices in the OECD Interlink Model
Laurence Le Fouler, Wim Suyker and Dave Turner. October 2001

309: Encouraging Environmentally Sustainable Growth in Australia

Ann Vourc'h and Robert Price. October 2001

308:Financial market liberalisation, wealth and consumption

Laurence Boone, Nathalie Girouard and Isabelle Wanner. September 2001

307: The economic integration of Germany's new Länder

Eckhard Wurzel. September 2001

306: Standard shocks in the OECD INTERLINK model

Thomas Dalsgaard, Christophe André and Pete Richardson. September 2001

305: Fiscal implications of ageing: projections of age-related spending

Thai-Thanh Dang, Pablo Antolín and Howard Oxley. September 2001

304: The width of the intra-european economic borders

Alain de Serres, Peter Hoeller and Christine de la Maisonneuve. August 2001

303: Surveillance of tax policies: a synthesis of findings in economic surveys

Paul van den Noord and Christopher Heady. July 2001

302: Reforming the tax system in Portugal

Chiara Bronchi and José C. Gomes-Santos. July 2001

301: Tax systems in European Union countries

Isabelle Joumard. June 2001

300: Encouraging environmentally sustainable growth in Belgium

Paul O'Brien, David Carey, Jens Høj and Andreas Woergoetter. June 2001

299: Encouraging environmentally sustainable growth in Poland

Grzegorz Peszko and Patrick Lenain. June 2001
298: Tracking the euro
Vincent Koen, Laurence Boone, Alain de Serres and Nicola Fuchs. June 2001. This work has
also been published as L’insoutenable légèreté de l’euro, Economie Internationale, No. 88,
2001.

297: Firm dynamics and productivity growth: a review of micro evidence from OECD
countries
Sanghoon Ahn. June 2001

296: How should Norway respond to ageing?

Pablo Antolin and Wim Suyker. May 2001

295: How will ageing affect Finland?

Pablo Antolin , Howard Oxley and Wim Suyker. May 2001

294: Sectoral regulatory reforms in Italy: framework and implications

Alessandro Goglio. May 2001

293: Encouraging environmentally sustainable growth: experience in OECD countries

Paul O'Brien and Ann Vourc'h. May 2001

292: Increasing simplicity, neutrality and sustainability: a basis for tax reform in Iceland
Richard Herd and Thorsteinn Thorgeirsson. May 2001

291: Options for reforming the tax system in Greece

Chiara Bronchi. April 2001

290: Encouraging environmentally sustainable growth in Canada

Ann Vourc'h. March 2001

289: Encouraging environmentally sustainable growth in Sweden

Deborah Roseveare. March 2001

288: Public spending in Mexico: how to enhance its effectiveness

Bénédicte Larre and Marcos Bonturi. March 2001

287: Regulation in services: OECD patterns and economic implications

Giuseppe Nicoletti. February 2001
This work has also been published in Innovation and Productivity in Services, 2001, OECD,
Paris.

286: A small global forecasting model

David Rae and David Turner. February 2001

285: Managing public expenditure: some emerging policy issues and a framework for
analysis
Paul Atkinson and Paul van den Noord. February 2001

284: Trends in immigration and economic consequences

Jonathan Coppel, Jean-Christophe Dumond and Ignazio Visco. February 2001

21
283:Economic growth: the role of policies and institutions. Panel data evidence from OECD
countries
Andrea Bassanini, Stefano Scarpetta and Philip Hemmings. January 2001

282: Does human capital matter for growth in OECD countries?

Andrea Bassanini and Stefano Scarpetta. January 2001

281: The tax system in New Zealand: an appraisal and options for change
Thomas Dalsgaard. January 2001

280: Contributions of financial systems to growth in OECD countries

Michael Leahy, Sebastian Schich, Gert Wehinger, Florian Pelgrin and Thorsteinn Thorgeirsson.
January 2001. Updated 21 March 2001

279: House prices and economic activity

Nathalie Girouard and Sveinbjörn Blöndal. January 2001

278: Encouraging environmentally sustainable growth in the United States

Paul O'Brien. January 2001

277:Encouraging environmentally sustainable growth in Denmark

Paul O'Brien and Jens Høj. January 2001

276: Making growth more environmentally sustainable in Germany

Grant Kirkpatrick, Gernot Klepper and Robert Price. January 2001

275: Central control of regional budgets: theory with applications to Russia

John M. Litwack. January 2001

2000

274:A post-mortem on Economic Outlook projections

Vassiliki Koutsogeorgopoulou. December 2000

273: Fixed cost, imperfect competition and bias in technology measurement: Japan and the
United States
Kiyohiko G. Nishimura and Masato Shirai. December 2000
Working Papers No.272 to 268 below were presented at a Workshop on "The causes of
economic growth", at the OECD, 6-7 July 2000

272: Entry, exit, and aggregate productivity growth: micro evidence on Korean
manufacturing
Chin-Hee Hahn. December 2000

271: The tax system in Korea: more fairness and less complexity required
Thomas Dalsgaard. December 2000

270: A multi-gas assessment of the Kyoto Protocol

Jean-Marc Burniaux. October 2000

269: The changing health system in France

Yukata Imai, Stéphane Jacobzone and Patrick Lenain. October 2000
268: Inward investment and technical progress in the UK manufacturing sector
Florence Hubert and Nigel Pain. October 2000

267: Aggregate growth: what have we learned from microeconomic evidence?

John Haltiwanger. October 2000

266: Determinants of long-term growth: a Bayesian Averaging of Classical Estimates (BACE)

approach
Gernot Doppelhofer, Ronald I. Miller and Xavier Sala-i-Martin. October 2000

265: The great reversals: the politics of financial development in the 20th century
Raghuram G. Rajan and Luigi Zingales. October 2000

264: Trade and growth: still disagreement about the relationship

Robert Baldwin. October 2000

263: Growth effects of education and social capital in the OECD countries
Jonathan Temple. October 2000

262: Human capital in growth regressions: how much difference does data quality make?
Angel de la Fuente and Rafael Doménech. October 2000

261: Raising the speed limit: US economic growth in the information age
Dale W. Jorgenson and Kevin J. Stiroh. October 2000

260: Summary of an informal workshop on the causes of economic growth

Jonathan Temple. October 2000

259: Knowledge, technology and economic growth: recent evidence from OECD countries
Andrea Bassanini, Stefano Scarpetta and Ignazio Visco. October 2000

258: Average effective tax rates on capital, labour and consumption

David Carey and Harry Tchilinguirian. October 2000

257:The health care system in Poland

Nathalie Girouard and Yutaka Imai. September 2000

256: Public expenditure reform: the health care sector in the United Kingdom
Vincent Koen. August 2000

255: Regulatory reform in road freight and retail distribution

Olivier Boylaud. August 2000

254: Regulation, market structure and performance in air passenger transportation

Rauf Gonenc and Giuseppe Nicoletti. August 2000
This work has also been published in OECD Economic Studies, Special issue: Regulatory
Reform, n. 32, 2001.

253: Policy interdependence during economic transition: the case of Slovakia 1999-2000
Joaquim Oliveira Martins and Tristan Price. June 2000

252: E-commerce: impacts and policy challenges

Jonathan Coppel. June 2000

23
251:The implementation and the effects of regulatory reform: past experience and current
issues
Rauf Gonenc, Maria Maher and Giuseppe Nicoletti. June 2000
This work has also been published in OECD Economic Studies, Special issue: Regulatory
Reform, n. 32, 2001.

250: The concept, policy use and measurement of structural unemployment: estimating a
time varying NAIRU across 21 OECD countries
Pete Richardson, Laurence Boone, Claude Giorno, Mara Meacci, David Rae and David Turner.
June 2000

249: Options for reforming the Spanish tax system

Isabelle Joumard and Aristomène Varoudakis. June 2000

248: Economic growth in the OECD area: recent trends at the aggregate and sectoral level
Stefano Scarpetta, Andrea Bassanini, Dirk Pilat and Paul Schreyer. June 2000

247: Economic effects of the 1999 Turkish earthquakes: an interim report

Alexandra Bibbee, Rauf Gonenc, Scott Jacobs, Josef Konvitz and Robert Price. June 2000

246: Policy influences on economic growth in OECD countries: an evaluation of the evidence
Sanghoon Ahn and Philip Hemmings. June 2000

245: The tax system in the Czech Republic

Chiara Bronchi and Andrew Burns. May 2000

244: The tax system in Norway: past reforms and future challenges
Paul van den Noord. May 2000

243: A changing financial environment and the implications for monetary policy
Paul Mylonas, Sebastian Schich and Gert Wehinger. May 2000

242: Carbon emission leakages- a general equilibrium view

Jean-Marc Burniaux and Joaquim Oliveira Martins. May 2000

241: The healthcare system in Hungary

Eva Orosz and Andrew Burns. April 2000

240: Comparing semi-structural methods to estimate unobserved variables: the HPMV and
Kalman filters approaches
Laurence Boone. April 2000

239: New issues in public debt management: governement surpluses in several OECD
countries, the common currency in Europe and rapidly rising debt in Japan [163 kb]
Paul Mylonas, Sebastian Schich, Thorsteinn Thorgeirsson and Gert Wehinger. April 2000

238: Regulation, industry structure and performance in the electricity supply industry
Faye Steiner. April 2000

237: Regulation, market structure and performance in telecommunications

Olivier Boylaud and Giuseppe Nicoletti. April 2000
This work has also been published in OECD Economic Studies, Special issue: Regulatory
Reform, n. 32, 2001
236: Predicting the evolution and effects of the Asia crisis from the OECD perspective
Pete Richardson, Ignazio Visco and Claude Giorno. April 2000

235: Modelling manufacturing export volumes equations a system estimation approach

Keiko Murata, Dave Turner, Dave Rae and Laurence Le Fouler. April 2000

234: The Polish tax reform

Patrick Lenain and Leszek Bartoszuk. March 2000

233: The tax system in Mexico - a need for strengthening the revenue-raising capacity
Thomas Dalsgaard. February 2000

232: EMU, the euro and the European policy mix

Jonathan Coppel, Martine Durand and Ignazio Visco. February 2000

231: The tax system in Japan- a need for comprehensive reform

Thomas Dalsgaard and Masaaki Kawagoe. February 2000

230: The size and role of automatic fiscal stabilisers in the 1990s and beyond
Paul van den Noord. January 2000

229: Enhancing environmentally sustainable growth in Finland

Ann Vourc'h and Miguel Jimenez. January 2000

228:Finance and growth, Some theoretical considerations, and a review of the empirical
literature
Kotaro Tsuru. January 2000

1999

227: What the yield curves say about inflation -does it change over time
Sebastian T. Schich. December 1999

226: Summary indicators of product market regulation with an extension to employment

protection legislation
Giuseppe Nicoletti, Stefano Scarpetta and Olivier Boylaud. December 1999

225: Some issues related to the equity-efficiency trade-off in the Swedish tax and transfer
system
Henning Strand. November 1999

224: The economic effects of employment-conditional income support schemes for the low-
paid- an illustration from a CGE model applied to four OECD countries
Andrea Bassanini, Jørn Henrik Rasmussen and Stefano Scarpetta. October 1999

223: The use of financial market indicators by monetary authorities

Paul Mylonas and Sebastian Schich. September 1999

222: Tax reform in Switzerland

David Carey, Kathryn Gordon and Philippe Thalmann. August 1999

221: Trends in market openness

Jonathan Coppel and Martine Durand. August 1999

25
220: Technology upgrading with learning cost - a solution for two "productivity puzzles"
Sanghoon Ahn. July 1999

219: Testing for a common OECD Phillips curve

Dave Turner and Elena Seghezza. July 1999

218: Sustainable economic growth- natural resources and the environment in Norway
Paul van den Noord and Ann Vourc'h. July 1999

217: Coping with population ageing in Australia

David Carey. July 1999

216: Estimating prudent budgetary margins for 11 EU countries- A simulated SVAR model
approach
Thomas Dalsgaard and Alain de Serres. July 1999

215: The problems and prospects faced by pay-as-you-go pension systems- A case study of
Greece
Paul Mylonas and Christine de la Maisonneuve. May 1999

214: Greek public enterprises- Challenges for reform

Paul Mylonas and Isabelle Joumard. May 1999

213: The levels and cyclical behaviour of mark-ups across countries and market structures
Joaquim Oliveira Martins and Stefano Scarpetta. April 1999. This work has also been
published in "Estimation of the Cyclical Behaviour of Mark-ups: A technical note", OECD
Economic Studies, no. 34, 2002

212: Poverty dynamics in four OECD countries

Pablo Antolín, Thai-Thanh Dang and Howard Oxley. April 1999

211: The recent experience with capital flows to emerging market economies
Sveinjörn Blöndal and Hans Christiansen. March 1999

210: Foreign portfolio investors before and during a crisis

Woochan Kim and Shang-Jin Wei. February 1999

209: Towards more efficient government- reforming federal fiscal relations in Germany
Eckhard Wurzel. February 1999

1998

208: Stock market fluctuations and consumption behaviour - some recent evidence
Laurence Boone, Claude Giorno and Pete Richardson. December 1998

207: Microeconometric analysis of the retirement decision- the Netherlands

Maarten Lindeboom. June 1998

206: Microeconometric analysis of the retirement decision- United Kingdom

Raffaele Miniaci and Elena Stancanelli. June 1998

205: Microeconometric analysis of the retirement decision- Italy

Raffaele Miniaci. June 1998
204: Microeconometric analysis of the retirement decision- Germany
Pablo Antolin and Stefano Scarpetta. June 1998

203: Microeconometric analysis of the retirement decision- United States

Joseph Quinn, Richard Burkhauser, Kevin Cahill and Robert Weathers. June 1998

202: The retirement decision in OECD countries

Sveinbjörn Blöndal and Stefano Scarpetta. June 1998

201: Macroeconomic effects of pension reforms in the context of ageing populations-

overlapping generations model simulations for seven OECD countries
Ketil Hviding and Marcel Mérette. June 1998

200: The macroeconomics of ageing, pensions and savings- a survey

Richard Kohl and Paul O'Brien. June 1998

199: Marginal effective tax rates on physical, human and R&D capital
Kathryn Gordon and Harry Tchilinguirian. June 1998

198: The Norwegian health care system

Paul van den Noord, Terje Hagen and Tor Iversen. May 1998

197: APEC trade liberalisation - its implications

Seunghee Han and Inkyo Cheong. May 1998

196: The OECD jobs strategy - progress report on implementation of country-specific

recommendations
May 1998

196: La Stratégie de l'OCDE pour l'emploi- Rapport sur l'état d'avancement de la mise en
oeuvre des recommandations by pays
Mai 1998

195: Trends in OECD countries' international competitiveness - the influence of emerging

market economies
Martine Durand, Christophe Madaschi and Flavia Terribile. April 1998

194: The European Union's trade policies and their economic effects
Peter Hoeller, Nathalie Girouard and Alessandra Colecchia. April 1998

193: The macroeconomic implications of ageing in a global context

Dave Turner, Claude Giorno, Alain de Serres, Ann Vourc'h and Pete Richardson. March 1998

192: Efficiency and distribution in computable models of carbon emission abatement

Joaquim Oliveira Martins and Peter Sturm. March 1998. This work has also been published in
"Efficiency and Distribution in Computable Models of Carbon Emission Abatement", in G. Heal
and G. Chichilnisky (eds.) Environmental Markets: Equity and Efficiency, Columbia University
Press, 2000.

191: Monetary policy when inflation is low

Charles Pigott and Hans Christiansen. March 1998

27
190: Submission by the OECD to the G8 growth, employability and inclusion Conference
March 1998

189: Income distribution and poverty in selected OECD countries

Jean-Marc Burniaux, Thai-Thanh Dang, Douglas Fore, Michael Förster, Marco Mira d'Ercole
and Howard Oxley. March 1998

188: Asset prices and monetary policy

Mike Kennedy, Angel Palerm, Charles Pigott and Flavia Terribile. February 1998

187: NAIRU- incomes policy and inflation

Silvia Fabiani, Alberto Locarno, Gian Paolo Oneto and Paolo Sestito. January 1998

1997
186: OECD submission to the Irish National Minimum Wage Commission
December 1997

185: OECD submission to the UK Low Pay Commission

December 1997

184: Concept, measurement and policy implications of the NAIRU - perspective from Belgium
Joost Verlinden. October 1997

183: Structural unemployment in Denmark

Agnete Gersing. September 1997

182: The United Kingdom NAIRU- Concepts, measurement and policy implications
Chris Mellis and A.E. Webb. September 1997

181: Globalisation and linkages- Macro-structural challenges and opportunities

Pete Richardson [editor]. September 1997

180: Regulation and performance in the distribution sector

Dirk Pilat. September 1997

179: Measurement of non-tariff barriers

Alan V. Deardorff and Robert M. Stern. July 1997

178: The NAIRU-concept- A few remarks

Karl Pichelmann and Andreas Ulrich Schuh. July 1997

177: Structural unemployment in Finland

Pasi Holm and Elina Somervouri. July 1997

176: Taxation and economic performance

Willi Leibfritz, John Thornton and Alexandra Bibbee. June 1997

175:Long-term interest rates in globalised markets

Hans Christiansen and Charles Pigott. May 1997

174: International implications of European Economic and Monetary Union

Norbert Funke and Mike Kennedy. May 1997
173: The NAIRU in Japan- Measurement and its implications
Fumihira Nishizaki. February 1997

172: The unemployment problem - A Norwegian perspective

Steinar Holden. February 1997

171: The reliability of quarterly national accounts in seven major countries- A user's
perspective
Robert York and Paul Atkinson. February 1997

1996
170: Confidence indicators and their relationship to changes in economic activity
Teresa Santero and Niels Westerlund. November 1996

169: Labour productivity levels in OECD countries - Estimates for manufacturing and selected
service sector Dirk Pilat. September 1996

168: Ageing populations, pension system and government budgets- Simulations for 20 OECD
countries Deborah Roseveare, Willi Leibfritz, Douglas Fore and Eckhard Wurzel. September
1996

167: Modelling the supply side of the seven major OECD economies
Dave Turner, Pete Richardson and Sylvie Rauffet. August 1996

166: Size distribution of output and employment- A data set for manufacturing industries in
five OECD countries, 1960s-1990
Bart van Ark and Erik Monnikhof, Economics Debytment. August 1996

165: Trade and competition- Frictions after the Uruguay Round

The International Trade and Investment Division, Economics Department. July 1996

164: Corporate governance, competition and performance

Colin Mayer. June 1996

163: Fiscal relations within the European Union

Peter Hoeller, Marie-Odile Louppe and Patrice Vergriete. April 1996

162: Mark-up ratios in manufacturing industries - Estimates for 14 OECD countries

Joaquim Oliveira Martins, Stefano Scarpetta and Dirk Pilat. April 1996. This work has also
been published in "Mark-ups pricing, Market structure and the Business cycle", OECD
Economic Studies, no. 27, 1996.

161: Innovation firm size and market structure- Schumpeterian hypotheses and some new
themes
George Symeonidis. April 1996

160: Valuing the right to tax incomes- An options pricing approach

Teun Draaisma and Kathryn Gordon. April 1996

1995

159: Innovation and competitive advantage

P.A. Geroski. September 1995

29
158: Monetary policy at price stability- A review of some issues
Malcolm Edey, Norbert Funke, Mike Kennedy and Angel Palerm. September 1995

157: Technical progress, factor productivity and macroeconomic performance in the medium
term
Claude Giorno, Pete Richardson and Wim Suyker. September 1995

156: Ageing populations, pension systems and government budgets: How do they affect
saving?
Willi Leibfritz, Deborah Roseveare, Douglas Fore and Eckhard Wurzel. July 1995

155: The determinants of real long-term interest rates- 17 country pooled-time-series

evidence
Adrian Orr, Malcolm Edey and Michael Kennedy. June 1995

154: An assessment of financial reform in OECD countries

Malcolm Edey and Ketil Hviding. May 1995

153: Markets for tradeable CO2 emission quotas principles and practice
Graciela Chichilnisky and Geoffrey Heal. March 1995

152: Estimating potential output, output gaps and structural budget balances
by Claude Giorno, Pete Richardson, Deborah Roseveare and Paul van den Noord. February
1995

151: SOx emissions and carbon abatement [131 KB]

by Christophe Complainville and Joaquim Oliveira Martins. January 1995

1994

150: The determinants and properties of monetary conditions- Direct survey evidence from
New Zealand
Andreas Fischer and Adrian Orr. December 1994

149: Health care reform, controlling spending and increasing efficiency

Howard Oxley and Maitland MacFarlan. December 1994

148: Macroeconomic performance and fiscal policy adjustments in the medium term-
Alternative medium-term scenarios
Pete Richardson, Claude Giorno and Stephan Thurman. October 1994

147: The EC's internal market- Implementation, economic consequences, unfinished business
Peter Hoeller and Marie-Odile Louppe. August 1994

146: OECD model comparison project (II) on the costs of cutting carbon emissions.
Comparison of model structure and policiy scenarios- GREEN and 12RT
Alan Manne and Joaquim Oliveira Martins. August 1994

145: An international sectoral data base for fourteen OECD countries (Second edition)
F.J.M. Meyer zu Schlochtern and J.L. Meyer zu Schlochtern. June 1994

144: Fiscal policy, government debt and economic performance

Willi Leibfritz, Deborah Roseveare and Paul van den Noord. June 1994
143: GREEN- The Reference Manual
Dominique van der Mensbrugghe. May 1994

1993

142: Pension liabilities in the seven major economies

Paul van den Noord and Richard Herd. December 1993

141: The distribution system in Sweden

Sören Wibe. October 1993

140: The distribution sector in the United Kingdom

John A. Dawson. October 1993

139: The Italian distribution system

Luca Pellegrini and Angelo M. Cardani. October 1993

138: The French distribution industry and the openess of the French economy
Patrick Messerlin. October 1993

137: The German distribution system

Josef Lachner, Uwe Chr. Täger and Günter Weitzel. October 1993

136: A study of the distribution system in Japan

Masayoshi Maruyama. October 1993

135: An analysis of the U.S. distribution system

Roger R. Betancourt. October 1993

134: Market structure, international trade and relative wages

Joaquim Oliveira Martins. October 1993. This work has also been published in "Market
Structure, Trade and Industry Wages", OECD Economic Studies, no. 22, 1994.

133: The Economic Analysis of Institutions and Organisations- in general and with respect to
Country studies
Oliver E. Williamson. September 1993

132: High and persistent unemployment- assessment of the problem and its causes
Jørgen Elmeskov. September 1993

131: Centralisation of wage bargaining and macroeconomic performance- a survey

Lars Calmfors. September 1993

130: Unemployment and labour force participation - trends and cycles

Jørgen Elmeskov and Karl Pichelmann. June 1993

129: Trends and cycles in labour productivity in the major OECD countries
Giuseppe Nicoletti and Lucrezia Reichlin. June 1993
This work has been also published in CEPR Working Paper, No. 808, July 1993

128: International integration of financial markets and the cost of capital

Mitushiro Fukao. March 1993

31
127:The international spillovers of capital income taxation- an applied general equilibrium
analysis
François Delorme, Lawrence H. Goulder and Philippe Thalmann. January 1993

126: The future of capital income taxation in a liberalised financial environment

David Carey, Jean-Claude Chouraqui and Robert P. Hagemann. January 1993

1992

125: Global effects of the European carbon tax

Giuseppe Nicoletti and Joaquim Oliveira Martins. December 1992. This work has also been
published in "The Global Effects of the European Carbon Tax", in The European Carbon Tax:
an Economic Assessment, (eds.) C. Carraro and D. Siniscalco, Kluwer Academic Publishers,
1993 (with G. Nicoletti)
This work has also been published in French as "Effets globaux de l'écotaxe européenne"",
Revue Economique, Vol. 45, n. 3, Mai 1994

124: The Chinese economic area- economic integration without a free trade agreement
Randall Jones, Robert King and Michael Klein. July 1992

123: New issues, new results- the OECD's second survey of the macroeconomic costs of
reducing CO2 emissions
Peter Hoeller, Andrew Dean and Masahiro Hayafuji. July 1992

122:Costs of reducing CO2 emissions- evidence from six global models

Andrew Dean and Peter Hoeller. July 1992

121: Results for the OECD comparative modelling project from the Whalley-Wigle model
John Whalley (University of W.Ontario) and Randall Wigle (Wilfried Laurier University). July
1992

120: OECD's indicators of international trade and competitiveness

Martine Durand, Jacques Simon and Colin Webb. July 1992

119: Les indicateurs de compétitivité et de commerce internationaux de l'OCDE

Martine Durand, Jacques Simon and Colin Webb. July 1992

118: The costs of reducing CO2 emissions- a comparison of carbon tax curves with GREEN
Joaquim Oliveira Martins, Jean-Marc Burniaux, John P. Martin and Giuseppe Nicoletti. July
1992. This work has also been published in "The Costs of Reducing CO2 Emissions: a
Comparison of Carbon Tax Cost Curves with GREEN" in A. Dean (ed.) The Costs of Cutting
Carbon Emissions: Results from Global Models, OECD Monographs, 1993.

117: Adjustment under fixed exchange rates- application to the European Monetary Union
A. Steven Englander and Thomas Egebo. July 1992

116: GREEN- a multi-sector, multi-region, dynamic general equilibrium model for quantifying
the costs of curbing CO2 emissions- a technical manual
Jean-Marc Burniaux, John P. Martin,Giuseppe Nicoletti and Joaquim Oliveira Martins. May
1992.This work has also been published in "GREEN: A Global Model for Quantifying the Costs
of Policies to Curb CO2 Emissions", OECD Economic Studies, no. 19, 1992.
115: The costs of reducing CO2 emissions- evidence from GREEN
Jean-Marc Burniaux, John P. Martin, Giuseppe Nicoletti and Joaquim Oliveira Martins. May
1992. This work has also been published in "The Costs of International Policies to Reduce
CO2 Emissions: Evidence from GREEN", OECD Economic Studies, no. 19, 1992.

114: Carbon taxes and CO2 emissions targets- results from the IEA model
E. Lakis Vouyakas, IEA. April 1992

113: Use of the Edmonds-Reilly model to model energy-related greenhouse gas emissions
D.W. Barns, J.A. Edmonds and J.M. Reilly, Pacific Northwest Laboratory, Washington D.C.
April 1992

112: The welfare effects of fossil carbon restrictions- results from a recursively dynamic
trade model
Thomas Rutherford, University of Western Ontario. April 1992

111: Global 2100- alternative scenarios for reducing carbon emissions

Alan S. Manne, Stanford University. April 1992

110: Energy taxation and price distortions in fossil fuel markets- some implications for
climate change policyPeter Hoeller and Jonathan Coppel. April 1992

109: The information content of interest rate spreads across financial systemsFrank Browne
and Warren Tease. April 1992

108: Is there a future for capital income taxation?

Jack M. Mintz. March 1992

107: A "credit" crunch- the recent slowdown in bank lending and its implications for
monetary policy
Paul Francis O'Brien and Frank Browne. March 1992

1991

106: Energy prices, taxes and carbon dioxide emissions

Peter Hoeller and Markku Wallin. July 1991

105: Saving trends and measurement issues

Jørgen Elmeskov, Jeffrey Shafer and Warren Tease. July 1991

104: GREEN- a multi-sector, multi-region, dynamic general equilibrium model for quantifying
the costs of curbing CO2 emissions- a technical manual
J.M. Burniaux, J.P. Martin, G. Nicoletti and J. Oliveira Martins. June 1991

103: The costs of policies to reduce global emissions of CO2- initial simulation results with
GREEN
J.M. Burniaux, J.P. Martin,G. Nicoletti and J. Oliveira Martins. June 1991. This work has also
been published in "The Economic Costs of International Agreements to Emissions of CO2",
The Economic and Social Research Institute papers no. 14, May, 1992.

102: Patterns of recoveries for the major seven OECD countries

Marco Mira d'Ercole. June 1991

33
101: P-star as an indicator of inflationary pressure
Peter Hoeller and Pierre Poret. April 1991

100: Old age income maintenance

Murray Petrie and Peter Sturm. April 1991

99: The measurement of output and factors of production for the business sector in OECD
countries (the OECD Business Sector Database)
Mark Keese, Gérard Salou and Pete Richardson. March 1991

98: Macroeconomic consequences of financial liberalisation- a summary report

Adrian Blundell-Wignall and Frank Browne. March 1991

97: Deregulation, credit rationing, financial fragility and economic performance

Michael Driscoll. February 1991

96: Increasing financial market integration, real exchange rates and macroeconomic
adjustment
Adrian Blundell-Wignall and Frank Browne. February 1991

95: Financial liberalisation, asset prices and exchange rates

Marcus Miller and Paul Weller. February 1991

94: Financial liberalisation and international trends in stock, corporate bond and foreign
exchange market volatilities
Paul Kupiec. February 1991

93: A macroeconomic model for debt analysis of the Latin America region and debt
accounting models for the highly indebted countries
Peter Dittus and Paul O'Brien. February 1991

92: Unemployment persistence and insider-outsider forces in wage determination

Bertil Holmlund. February 1991

91: Infrastructure and private-sector productivity

Robert Ford and Pierre Poret. January 1991

1990

90: The public sector- issues for the 1990s

Howard Oxley, Maria Maher, John P. Martin and Giuseppe Nicoletti. December 1990

89: A survey of studies of the costs of reducing greenhouse gas emissions

Peter Hoeller, Andrew Dean and Jon Nicolaisen. December 1990

88: Business investment in the OECD economies- recent performance and some implications
for policy
Robert Ford and Pierre Poret. November 1990

87: The "puzzle" of wage moderation in the 1980s

Pierre Poret. November 1990
86: Modelling wages and prices for the smaller OECD countries
Kenichi Kawasaki, Peter Hoeller and Pierre Poret. October 1990

85:Simulating the OECD Interlink model under alternative monetary policy rules
Pete Richardson. October 1990

84: Walras - a multi-sector, multi-country applied general equilibrium model for quantifying
the economy-wide effects of agricultural policies- a technical manual
Jean-Marc Burniaux, François Delorme, Ian Lienert and John P. Martin. August 1990

83: Exchange rate policy in advanced commodity-exporting countries- the case of Australia
and New Zealand
Adrian Blundell-Wignall and Robert G. Gregory. July 1990

82: Economics and the environment- a survey of issues and policy options
Jon Nicolaisen and Peter Hoeller. July 1990

81: Financial liberalisation and consumption behaviour

Adrian Blundell-Wignall, Frank Browne and Stefano Cavaglia. March 1990

80: Fiscal indicators

Edward E. Gramlich, The University of Michigan. April 1990

79: Suggestions for a new set of fiscal indicators

Olivier Blanchard (MIT and NBER). April 1990

78: Indicators of fiscal policy- a re-examination

Jean-Claude Chouraqui, Robert P. Hagemann and Nicola Sartor. April 1990

77: Monetary policy in the wake of financial liberalisation

Adrian Blundell-Wignall, Frank Browne and Paolo Manasse. April 1990

76: The dollar position of the non-US private sector, portofolio effects, and the exchange rate
of the dollar
Bixio Barenco. February 1990

75: Measuring industrial subsidies- some conceptual issues

Neil Bruce. February 1990

74: Industrial subsidies in the OECD countries

Robert Ford and Wim Suyker. January 1990

73: The saving behaviour of Japanese households

Kenichi Kawasaki. January 1990

72: The role of indicators in structural surveillance

Andrew Dean. January 1990

1989

71: Modelling business sector supply for the smaller OECD countries
Raymond Torres, Peter Jarrett and Wim Suyker. October 1989

35
70: On the sequencing of structural reforms
Sebastian Edwards. September 1989

69: The information content of the term structure of interest rates- theory and practice
Frank Browne and Paolo Manasse. September 1989

68: The impact of increased government saving on the economy

Richard Herd. June 1989

67: Saving trends and behaviour in OECD countries

Andrew Dean, Martine Durand, John Fallon and Peter Hoeller. June 1989

66: Potential output in the seven major OECD countries

Raymond Torres and John P. Martin. May 1989

65: A post mortem on OECD short-term projections from 1982 to 1987

Byron Ballis. February 1989

64: Revised groupings for non-OECD countries in OECD's macroeconomic model Interlink
Paul O'Brien, Laure Meuro and Arthur Camilleri. January 1989

63: Modelling housing investment for seven major OECD countries

Thomas Egebo and Ian Lienert. December 1988

62: The economic dynamics of an ageing population- the case of four OECD countries
Alan J. Auerbach, Laurence J. Kotlikoff, Rob. P. Hagemann and G. Nicoletti. January 1989
This work has also been published in OECD Economic Studies, n.12, Spring 1989 and NBER
Working Paper, n. 2797, 1989

61: Ageing populations: economic effects and implications for public finance
Robert P. Hagemann and Giuseppte Nicoletti. January 1989
This work has also been published in OECD Economic Studies, n.12, Spring 1989

1988

60: Compatible trade and production data base - 1970-1985

Claude Berthet-Bondet, Derek Blades and Annie Pin. November 1988

59: Eliminating the U.S. federal budget deficit by 1993 - the interaction of monetary and
fiscal policy
Richard and Byron Ballis. December 1988

58: Empirical research on trade liberalisation with imperfect competition: a survey

J. David Richardson. November 1988

57: An international sectoral data base for thirteen OECD countries

F.J.M. Meyer-zu-Schlochtern. November 1988

56: On aggregation methods of purchasing power parities

R. and M. Cuthbert. November 1988

55: Quantifying the economy-wide effects of agricultural policies- a general equilibrium

approach
Jean-Marc Burniaux, François Delorme, Ian Lienert, John P. Martin and Peter Hoeller. July
1988

54: Tests of total factor productivity measurement

A. Steven Englander. June 1988

53: Alternative solution methods in applied general equilibrium analysis

Richard G. Harris. April 1988

52: The so-called "non-economic" objectives of agricultural policy

L. Alan Winters. April 1988

51: The effects of monetary policy on the real sector- an overview of empirical evidence for
selected OECD countries
Jean-Claude Chouraqui, Michael Driscoll and Marc-Olivier Strauss-Kahn. April 1988

50: Private consumption, inflation and the "debt neutrality hypothesis", the case for eight
OECD countries
Giuseppe Nicoletti. January 1988
This work has also been published in OECD Economic Studies, n.11, Fall 1988

49: Are commodity prices leading indicators of OECD prices?

Martine Durand and Sveinbjörn Blondal. February 1988

1987

48: The medium-term macroeconomic strategy revisited

Jean-Claude Chouraqui, Kevin Clinton and Robert Bruce Montador. December 1987

47: A review of the simulation properties of OECD's Interlink model

Pete Richardson. July 1987

46: Recent developments in OECD's international macroeconomic model

Pete Richardson. June 1987

45: International investment-income determination in Interlink- models for 23 OECD

countries and six non-OECD regions
David T. Coe, Richard Herd and Marie-Christine Bonnefous. June 1987

44: Price determination in the major seven country models in Interlink

Ulrich Stiehler. July 1987

43: Import and export price equations for manufactures

Richard Herd. June 1987

42: OECD economic activity and non-oil commodity prices- reduced-form equations for
Interlink
Gerald Holtham and Martine Durand. June 1987

41:A revised supply block for the major seven countries in Interlink
Peter Jarrett and Raymond Torres. April 1987

37
40: Tax reform in OECD countries- economic rationale and consequences
Robert P. Hagemann, Brian R. Jones and Robert Bruce Montador. August 1987

39: Monetary policy in the second half of the 1980s- how much room for manoeuvre?Kevin
Clinton and Jean-Claude Chouraqui. February 1987

38: Tracking the U.S. external deficit, 1980-1985- experience with the OECD Interlink model
Pete Richardson. February 1987

1986

37:Internationalisation of financial markets- some implications for macroeconomic policy and

for the allocation of capital
Mitsuhiro Fukao and Masaharu Hanazaki. November 1986

36: The government household transfer data base 1960 - 1984

Rita Varley. September 1986

35: Wealth and inflation effects in the aggregate consumption function

G.H. Holtham and H. Kato. July 1986

34: Pure profit rates and Tobin's q in nine OECD countries

James H. Chan-Lee. April 1986

33: Mécanismes de transmission et effets macro-économiques de la politique monétaire en

France: les principaux enseignements économétriques
Marc-Olivier Strauss-Kahn. March 1986

32: The formulation of monetary policy- a reassessment in the light of recent experience
Paul Atkinson and Jean-Claude Chouraqui. March 1986

31: The OECD compatible trade and production data base 1970-1983
Anders Brodin and Derek Blades.March 1986

30: Public debt in a medium-term context and its implications for fiscal policy
Jean-Claude Chouraqui, Brian Jones and Robert Bruce Montador. May 1986

29: Method of calculating effective exchange rates and indicators of competitiveness

Martine Durand. February 1986

28: Exchange rates and real long-term interest-rate differentials- evidence for eighteen
OECD countries
David T. Coe and Stephen S. Golub. February 1986

1985

27: Commodity prices in Interlink

Gerry Holtham, Tapio Saavalainen, Paul Saunders and Helen Sutch. November 1985

26: Aggregate supply in Interlink- model specification and empirical results

John Heliwell, Peter Sturm, Peter Jarrett and Gérard Salou. November 1985
25: Écart entre les importations et les exportations dans les statistiques du commerce
extérieur de l'OCDE
Derek Blades and Marina Ivanov. September 1985

24: Flexibilité du marché du travail et chocs extérieurs sur les prix

F. Klau and A. Mittelstadt. September 1985

23: Changes in the composition of output and employment

Axel Mittelstädt and Françoise Correia. June 1985

22: Les prix de l'énergie: évolution et prespectives

Axel Mittelstädt. June 1985

21: Taux d'intérêt réels et perspectives de croissance durable

Paul Atkinson and Jean-Claude Chouraqui. May 1985

20: Profits and rates of return in OECD countries

James H. Chan-Lee and Helen Sutch. May 1985

19: Nominal wage determination in ten OECD economies

David T. Coe and Francesco Gagliardi. March 1985

18: Bases de données compatibles sur le commerce et la production de l' OCDE

Derek Blades and Wendy Simpson. January 1985

1984

17: Real gross product in OECD countries and associated purchasing power parities
Peter Hill.

16: Monetary policy in the OECD Interlink model

A. Blundell-Wignall, M. Rondoni, H. Ziegelschmidt and J. Morgan. September 1984

15: Structural budget deficits and fiscal stance

Patrice Muller and Robert W.R. Price. July 1984

14: La conduite de la politique monétaire dans la phase actuelle de reprise économique

Paul Atkinson and Jean-Claude Chouraqui. April 1984

13: The demand for money and velocity in major OECD countries
A. Blundell-Wignall, M. Rondoni and H. Ziegelschmidt. February 1984

12: Taux d'activité: analyse et projections

James H. Chan-Lee. January 1984

11: L'action exercée par l'Etat sur la redistribution du revenu

Paul Saunders. January 1984

1983

10: Dynamique des prix et structure industrielle: une analyse théorique économétrique
David Encaoua (with collaboration from Paul Geroski et Riel Miller). July 1983

39
9: Medium-term financial strategy- the co-ordination of fiscal and monetary policy
Jean-Claude Chouraqui and Robert Price. July 1983

8: Simulation des effets macro-économiques d'une forte baisse des prix pétroliers
Flemming Larsen and John Llewellyn. June 1983

7: The determinants of exchange rate movements

Graham Hacche. June 1983

6: Souplesse de la production et inflation: étude globale

David T. Coe and Gerald Holtham. April 1983

5: Prix des ressources naturelles et politique macro-économique: les enseignements de deux

chocs pétroliers
John Llewellyn. April 1983

4: Service lives of fixed assets

Derek Blades. March 1983

3: Wage formation in France- sectoral aspects

Patrick Artus. March 1983

2: Capital, energy and labour substitution- the supply block in OECD medium-term models
Patrick Artus. March 1983

1: Utilisation des élasticités de la demande de l'énergie

Axel Mittelstädt. March 1983