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Economics Department Working Papers The papers are in PDF format, and may be downloaded for free.

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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2019

1533. Digitalisation and productivity: In search of the holy grail – Firm-level empirical evidence from EU countries Peter Gal, Giuseppe Nicoletti, Theodore Renault, Stéphane Sorbe and Christina Timiliotis 1531. Can productivity still grow in service-based economies? Stéphane Sorbe, Peter Gal and Valentine Millot

2018

1530. Going local: A regional perspective on how trade affects labour markets and inequality Elena Rusticelli, David Haugh, Axelle Arquie and Lilas Demmou 1526. Who’s in your export market? The changing pattern of competition in world trade Sonia Araujo, Thomas Chalaux and David Haugh 1524. Keeping track of global trade in real time Jaime Martinez-Martin and Elena Rusticelli 1523. The drivers of regional growth in Russia: a baseline model with applications Hansjörg Blöchliger and Olivier Durand Lasserve 1521. Fan charts around GDP projections based on probit models of downturn risk David Turner, Thomas Chalaux and Hermes Morgavi 1517. Changes in economic and financial synchronisation: A global factor analysis Alessandro Maravalle and Łukasz Rawdanowicz 1515. The joint impact of the European Union emissions trading system on carbon emissions and economic performance Antoine Dechezleprêtre, Daniel Nachtigall and Frank Venmans 1514. A review of the empirical literature combining economic and environmental performance data at the micro-level Antoine Dechezleprêtre and Tobias Kruse 1513. Regulatory framework for the loan-based crowdfunding platforms Olena Havrylchyk 1512. To what extent do policies contribute to self-employment?

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Mark Baker, Balázs Égert, Gabor Fulop and Annabelle Mourougane 1511. Resource curse in oil exporting countries Evgeny Kakanov, Hansjörg Blöchliger and Lilas Demmou 1507. Cyclical vs structural effects on health care expenditure trends in OECD countries Luca Lorenzoni, Jonathan Millar, Franco Sassi, and Douglas Sutherland 1504. Design of insolvency regimes across countries Müge Adalet McGowan and Dan Andrews 1503. Labour share developments over the past two decades: the role of technological progress, globalisation and “winner-takes-most” dynamics Cyrille Schwellnus, Mathilde Pak, Pierre-Alain Pionnier and Elena Crivellaro 1500. Issuing GDP-linked bonds: Supply and demand can match Jean-Marc Fournier and Jakob Lehr 1499. Who are the beneficiaries of the structural funds and the cohesion fund and how does the cohesion policy impact firm-level performance? Julia Bachtrögler and Christoph Hammer 1495. How does finance influence labour market outcomes? A review of empirical studies Mark Heil 1494. Sovereign defaults: Evidence on the importance of government effectiveness Jean-Marc Fournier and Manuel Bétin 1493. Limits to debt sustainability in middle-income countries Jean-Marc Fournier and Manuel Bétin 1490. The sustainable management of a productive natural capital Julien Xavier Daubanes 1488. An empirical investigation on the drivers of income redistribution across OECD countries Orsetta Causa, Anna Vindics and Oguzhan Akgun 1487. The quantification of structural reforms: Introducing country-specific policy effects Balázs Égert and Peter Gal 1483. To shorten or to lengthen? Public debt management in the low-interest rate environment Alessandro Maravalle and Łukasz Rawdanowicz 1482. The quantification of structural reforms: Taking stock of the results for OECD and non-OECD countries Balázs Égert 1476. Digital technology diffusion: a matter of capabilities, incentives or both? Dan Andrews, Giuseppe Nicoletti and Christina Timiliotis 1475. Firms at the productivity frontier enjoy lower effective taxation

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David Bartolini 1473. Miracle or Mirage: What role can trade policies play in tackling global trade imbalances? Dorothee Flaig, David Haugh, Przemyslaw Kowalski, Dorothée Rouzet and Frank van Tongeren 1466. Investment as a transmission mechanism from weak demand to weak supply and the post-crisis productivity slowdown Patrice Ollivaud, Yvan Guillemette and David Turner 1465. The deterioration of the public spending mix during the global financial crisis: Insights from new indicators Debra Bloch and Jean-Marc Fournier 1462. A Genie in a bottle? Globalisation, competition and inflation Dan Andrews, Peter Gal and William Witheridge 1461. Saving, investment, capital stock and current account projections in long-term scenarios Yvan Guillemette, Andrea de Mauro and David Turner

2017

1453. Income redistribution through taxes and transfers across OECD countries Orsetta Causa and Mikkel Hermansen 1447. The effects of the tax mix on inequality and growth Oguzhan Akgun, Boris Cournède and Jean-Marc Fournier 1446. The middle income plateau: trap or springboard? Rauf Gönenç 1445. Capital-embodied technological progress and obsolescence: how do they affect investment behaviour? Yosuke Jin 1442. The quantification of structural reforms: extending the framework to emerging market economies Bálazs Égert 1441. Aggregate multi-factor productivity: measurement issues in OECD countries Balázs Égert 1440. The fiscal projection framework in long-term scenarios Yvan Guillemette and David Turner 1435. How self-sorting affects migrants’ labour market outcomes Jon Kristian Pareliussen

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1433. Breaking the shackles: zombie firms, weak banks and depressed restructuring in Europe Dan Andrews and Filippos Petroulakis 1429. Structural policy indicators database for economic research (SPIDER) Balázs Égert, Peter Gal and Isabelle Wanner 1428. Designing fan charts for GDP growth forecasts to better reflect downturn risks David Turner 1425. Insolvency regimes, technology diffusion and productivity growth: Evidence from firms in OECD countries Müge Adalet McGowan, Dan Andrews and Valentine Millot 1410. Findings of the recent literature on international capital flows: implications and suggestions for further research Stéphanie Guichard 1407. The capacity of governments to raise taxes Oguzhan Akgun, David Bartolini and Boris Cournède 1406. Labour market resilience: the role of structural and macroeconomic policies Alexander Hijzen, Andreas Kappeler, Mathilde Pak and Cyrille Schwellnus 1403. Skills Mismatch, Productivity and Policies: Evidence from the Second Wave of PIAAC Müge Adalet McGowan and Dan Andrews 1402. The Global Income Distribution for High-Income Countries Mikkel Hermansen 1399. Insolvency Regimes, Zombie Firms and Capital Reallocation Müge Adalet McGowan, Dan Andrews and Valentine Millot 1398. The fall in real long-term government bond yields: Disentangling different drivers Łukasz Rawdanowicz, Mohamed Hammouch and Makoto Kasai 1396. Financial re-regulation since the global crisis? An index-based assessment Oliver Denk and Gabriel Gomes 1393. Regulation, institutions and productivity: new macroeconomic evidence from OECD countries Balázs Égert 1392. Regulation, institutions and aggregate investment: new evidence from OECD countries Balázs Égert 1385. A revised approach to productivity convergence in long-term scenarios Yvan Guillemette, Alexandre Kopoin, David Turner and Andrea De Mauro 1384. A revised approach to trend employment projections in long-term scenarios Maria Chiara Cavalleri and Yvan Guillemette 1379. Foreign Direct Investment and The Pollution Haven Hypothesis

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Grégoire Garsous, Tomasz Kozluk 1378. Energy prices, environmental policies and investment Dennis Dlugosch, Tomasz Kozluk 1375. Local taxation, land use regulation, and land use: A survey of the evidence Hansjörg Blöchliger, Christian Hilber, Olivier Schöni and Maximilian von Ehrlich 1374. Finance and productivity: A literature review Mark Heil 1373. Decoupling of wages from productivity: Macro-level facts Cyrille Schwellnus, Andreas Kappeler and Pierre-Alain Pionnier 1372. The Walking Dead? Zombie Firms and Productivity Performance in OECD Countries Müge Adalet McGowan, Dan Andrews and Valentine Millot

2016

1364. Enhancing skills to boost growth in Hungary Gabriel Machlica 1363. Enhancing public sector efficiency and effectiveness in the Czech Republic Christine Lewis and Falilou Fall 1362. Fostering productivity for income convergence in the Czech Republic Falilou Fall and Christine Lewis 1361. International tax planning and fixed investment Stéphane Sorbe and Åsa Johansson 1360. Innovation, patent location and tax planning by multinationals Øystein Bieltvedt Skeie, Åsa Johansson, Carlo Menon and Stéphane Sorbe 1359. International differences in corporate taxation, foreign direct investment and tax revenue Øystein Bieltvedt Skeie 1358. International tax planning, competition and market structure Stéphane Sorbe and Åsa Johansson 1357. Debt and tax planning by multinationals Stéphane Sorbe, Åsa Johansson and Øystein Bieltvedt Skeie 1356. Anti-avoidance rules against international tax planning: A classification Åsa Johansson, Øystein Bieltvedt Skeie and Stéphane Sorbe 1355. Tax planning by multinational firms: Firm-level evidence from a cross-country database Åsa Johansson, Øystein Bieltvedt Skeie, Stéphane Sorbe and Carlo Menon

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1354. The quantification of structural reforms in OECD countries: a new framework Balázs Égert and Peter Gal 1353. Coping with creative destruction: reducing the costs of firm exit Dan Andrews and Alessandro Saia 1352. A re-assessment of fiscal space in OECD countries Jarmila Botev, Jean-Marc Fournier and Annabelle Mourougane 1351. Can an increase in public investment sustainably lift economic growth? Annabelle Mourougane, Jarmila Botev, Jean-Marc Fournier, Nigel Pain and Elena Rusticelli 1350. The ins and outs of employment in 25 OECD countries Paula Garda 1349. How do product market regulations affect workers? Evidence from the network industries By Oliver Denk 1348. Effects of Flexibility-Enhancing Reforms on Employment Transitions By Boris Cournède, Oliver Denk and Paula Garda 1347. The positive effect of public investment on potential growth By Jean-Marc Fournier 1346. Public finance, economic growth and inequality: A survey of the evidence By Åsa Johansson 1345. Trends in public finance: Insights from a new detailed dataset Debbie Bloch, Jean Marc Fournier, Duarte Gonçalves and Álvaro Pina 1344. The effect of the size and the mix of public spending on growth and inequality Jean-Marc Fournier and Åsa Johansson 1343. The distribution of the growth dividends Mikkel Hermansen, Nicolas Ruiz and Orsetta Causa 1342. The distributional impact of structural reforms Orsetta Causa, Mikkel Hermansen and Nicolas Ruiz 1340. Can reforms promoting growth increase financial fragility? An empirical assessment Aida Caldera Sánchez and Filippo Gori 1339. How do policies influence GDP tail risks? Aida Caldera Sánchez and Oliver Röhn 1336. The use of models in producing OECD macroeconomic forecasts David Turner 1335. The estimation of financial conditions indices for the major OECD countries E. Philip Davis, Simon Kirby and James Warren 1331. Fiscal decentralisation and income inequality: empirical evidence from OECD countries

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Sibylle Stossberg, David Bartolini and Hansjörg Blöchliger 1330. Fiscal decentralisation and regional disparities David Bartolini, Sibylle Stossberg and Hansjörg Blöchliger 1329. Regional GDP in OECD countries: how has inequality developed over time? Felix Arnold and Hansjörg Blöchliger 1316. Making public finances more growth and equity-friendly in the euro area Álvaro Pina 1315. Priorities for completing the European Union's Single Market Jan Stráský 1313. Forecasting GDP during and after the Great Recession: a contest between small-scale bridge and large-scale dynamic factor models Patrice Ollivaud, Pierre-Alain Pionnier, Elena Rusticelli, Cyrille Schwellnus and Seung-Hee Koh 1311. The short-term impact of product market reforms: a cross-country firm-level analysis Peter Gal and Alexander Hijzen 1309. Insolvency regimes and productivity growth: a framework for analysis Müge Adalet McGowan and Dan Andrews 1304. Links between weak investment and the slowdown in productivity and potential output growth across the OECD Patrice Ollivaud, Yvan Guillemette and David Turner 1303. Regulations in services sectors and their impact on downstream industries: the OECD 2013 REGIMPACT indicator Balázs Égert and Isabelle Wanner 1297. Reforming in a difficult macroeconomic context: a review of the issues and recent literature Aida Caldera Sánchez, Alain de Serres and Naomitsu Yashiro 1296. Regulatory management practices in OECD countries Isabell Koske, Faisal Naru, Philipp Beiter and Isabelle Wanner 1294. An investigation into improving real-time reliability of OECD Output Gap estimates David Turner, Maria Chiara Cavalleri, Yvan Guillemette, Alexandre Kopoin, Patrice Ollivaud and Elena Rusticelli 1283. The drivers of public health spending: integrating policies and institutions Christine de la Maisonneuve, Rodrigo Moreno-Serra, Fabrice Murtin, Joaquim Oliveira Martins 1282. Do environmental policies affect global value chains? A new perspective on the pollution haven hypothesis Tomasz Koźluk and Christina Timiliotis 1281. Monetary policy and inequality Rory O’Farrell, Łukasz Rawdanowicz, Kei-Ichiro Inaba

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1278. Public spending efficiency in the OECD: benchmarking health care, education and general administration Richard Dutu and Patrizio Sicari 1277. Household debt in OECD countries: stylised facts and policy issues Christophe André

2015

1275. Adjusting fiscal balances for the business cycle: new tax and expenditure elasticity estimates for OECD countries Robert W.R. Price, Thai-Thanh Dang and Jarmila Botev 1274. Who are the top 1% earners in Europe? Oliver Denk 1271. The macroeconomic impact of structural policies on labour market outcomes in OECD countries: a reassessment Peter Gal and Adam Theising 1268. The negative effect of regulatory divergence on foreign direct investment Jean-Marc Fournier 1265. What do household surveys suggest about the top 1% incomes and inequality in OECD countries? Nicolas Ruiz and Nicolas Woloszko 1264. The costs of flexibility-enhancing structural reforms: a literature review Tito Boeri, Pierre Cahuc and André Zylberberg 1251. Economic resilience: what role for policies? Aida Caldera Sánchez, Morten Rasmussen and Oliver Röhn 1250. Economic resilience: the usefulness of early warning indicators in OECD countries Mikkel Hermansen and Oliver Röhn 1249. Economic resilience: a new set of vulnerability indicators for OECD countries Oliver Röhn, Aida Caldera Sánchez, Mikkel Hermansen and Morten Rasmussen 1248. Fiscal constitutions: an empirical assessment Hansjörg Blöchliger and Jaroslaw Kantorowicz 1238. Productivity spillovers from the global frontier and public policy: industry level evidence Alessandro Saia, Dan Andrews and Silvia Albrizio 1237. The stabilisation properties of immovable property taxation: evidence from OECD countries Hansjörg Blöchliger, Balász Égert, Bastien Alvarez and Aleksandra Paciorek

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1231. Incorporating anchored inflation expectations in the Phillips Curve and in the derivation of OECD measures of equilibrium unemployment Elena Rusticelli, David Turner and Maria Chiara Cavalleri 1230. Macroeconomic uncertainties, prudent debt targets and fiscal rules Falilou Fall and Jean-Marc Fournier 1229. Limits to government debt sustainability Jean-Marc Fournier and Falilou Fall 1228. Government debt indicators: understanding the data Debbie Bloch and Falilou Fall 1226. Household finance and income inequality in the euro area Oliver Denk and Alexandre Cazenave-Lacroutz 1225. Financial sector pay and labour income inequality: evidence from Europe Oliver Denk 1224. Finance and income inequality in OECD countries Oliver Denk and Boris Cournède 1223. Finance and economic growth in OECD and G20 countries Boris Cournède and Oliver Denk 1222. What impedes household investment in energy efficiency and renewable energy? Nadia Ameli and Nicola Brandt 1216. Does the post-crisis weakness of global trade solely reflect weak demand? By Patrice Ollivaud and Cyrille Schwellnus 1210. Skill mismatch and public policy in OECD countries Müge Adalet McGowan and Dan Andrews 1209. Labour market mismatch and labour productivity: evidence from PIAAC data Müge Adalet McGowan and Dan Andrews 1205. Reforming the tax on immovable property: taking care of the unloved Hansjörg Blöchliger 1201. Effects of economic policies on microeconomic stability Boris Cournède, Paula Garda and Volker Ziemann 1200. The 2013 update of the OECD’s database on product market regulation – policy insights for OECD and non-OECD countries Isabell Koske, Isabelle Wanner, Rosamaria Bitetti and Omar Barbiero 1190. The changing role of the exchange rate for macroeconomic adjustment Patrice Ollivaud, Elena Rusticelli and Cyrille Schwellnus 1187. The conduct of monetary policy in the future: instrument use By Kei-Ichiro Inaba, Rory O’Farrell, Łukasz Rawdanowicz and Ane Kathrine Christensen

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2014

1182. The heterogeneity of product market regulations Jean-Marc Fournier 1181. Implicit regulatory barriers in the EU Single Market: new empirical evidence from gravity models Jean-Marc Fournier, Aurore Domps, Yaëlle Gorin, Xavier Guillet and Délia Morchoisne 1180. Can pro-growth policies lift all boats? An analysis based on household disposable income Orsetta Causa, Alain de Serres and Nicolas Ruiz 1179. Empirical evidence on the effects of environmental policy stringency on productivity growth Silvia Albrizio, Tomasz Koźluk and Vera Zipperer 1178. The indicators of the economic burdens of environmental policy design – results from the OECD questionnaire Tomasz Koźluk 1177. Measuring environmental policy stringency in OECD countries - a composite index approach Enrico Botta and Tomasz Koźluk 1176. Do environmental policies matter for productivity growth? Insights from new cross-country measures of environmental policies Silvia Albrizio, Enrico Botta, Tomasz Koźluk and Vera Zipperer 1174. New tax and expenditure elasticity estimates for EU budget surveillance Robert W.R. Price, Thai-Thanh Dang and Yvan Guillemette 1172. Better harnessing talent and knowledge to boost sustainable medium-term growth in Spain David Haugh and Ben Westmore 1171. The internet economy – regulatory challenges and practices Isabell Koske, Rosamaria Bitetti, Isabelle Wanner and Ewan Sutherland 1169. Secular stagnation: evidence and implications for economic policy Łukasz Rawdanowicz, Romain Bouis, Kei-Ichiro Inaba and Ane Kathrine Christensen 1168. Investment gaps after the crisis Christine Lewis, Nigel Pain, Jan Strasky and Fusako Menkyna 1167. Factors behind the decline in real long-term government bond yields Romain Bouis, Kei-Ichiro Inaba, Łukasz Rawdanowicz and Ane Kathrine Christensen 1166. The effect of the global financial crisis on the OECD potential output Patrice Ollivaud and David Turner

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1165. Determinants of households’ investment in energy efficiency and renewables - evidence from the OECD Survey on household environmental behaviour and attitudes Nadia Ameli and Nicola Brandt 1159. Reinvigorating the EU Single Market Jean-Marc Fournier 1154. Productivity measurement with natural capital and bad outputs Nicola Brandt, Paul Schreyer and Vera Zipperer 1149. Taxing the rent of non-renewable resource sectors: a theoretical note Julien Daubanes and Saraly Andrade de Sá 1148. Health, work and working conditions: a review of the European economic literature Thomas Barnay 1142. Trade patterns in the 2060 world economy Jean Chateau, Lionel Fontagné, Jean Fouré, Åsa Johansson and Eduardo Olaberria 1141. The demand for skills 1995-2008: a global supply chain perspective Bart Los, Marcel P. Timmer and Gaaitzen J. De Vries 1140. International migration: the relationship with economic and policy factors in the home and destination country Ben Westmore 1139. Gross earning inequalities in OECD countries and major non-member economies: determinants and future scenarios Henrik Braconier and Jenifer Ruiz Valenzuela 1138. Determinants of tertiary graduations Henrik Braconier 1137. Managerial capital and business R&D as enablers of productivity convergence Dan Andrews and Ben Westmore 1136. Long-term patterns of trade and specialisation Åsa Johansson and Eduardo Olaberria 1135. Consequences of climate change damages for economic growth – a dynamic quantitative assessment Rob Dellink, Elisa Lanzi, Jean Chateau, Francesco Bosello, Ramiro Parrado and Kelly de Bruin 1134. Comparing the robustness of PAYG pension schemes Falilou Fall 1133. Overcoming vulnerabilities of pension systems Falilou Fall and Debbie Bloch 1132. Overcoming vulnerabilities of health care systems Mauro Pisu 1131. Overcoming vulnerability of unemployment insurance schemes

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Jon Pareliussen 1130. Vulnerability of social institutions: lessons from the recent crisis and historical episodes Falilou Fall, Mauro Pisu, Jon Pareliussen and Debbie Bloch 1129. An update of the OECD international trade equations Myriam Morin and Cyrille Schwellnus 1128. What explains the volume and composition of trade? Industrial evidence from a panel of countries Åsa Johansson, Przemyslaw Kowalski, Eduardo Olaberría and Dario Pellegrino 1127. Do resources flow to patenting firms? Cross-country evidence from firm level data Dan Andrews, Chiara Criscuolo and Carlo Menon 1116. Spillover effects from exiting higher expansionary monetary policies Lukasz Rawdanowicz, Romain Bouis, Jérôme Brezillon, Ane Kathrine Christensen and Kei-Ichiro Inaba 1115. Economic policies and microeconomic stability: a literature review and some empirics Paula Garda and Volker Ziemann 1112. New evidence on the determinants of industrial specialisation Asa Johansson and Eduardo Olaberria 1111. Economic growth from the household perspective: GDP and income distribution developments across OECD countries Orsetta Causa, Sonia Araujo, Agnès Cavaciuti, Nicolas Ruiz and Zuzana Smidova 1110. Would a growth slowdown in emerging markets spill over to high-income countries? A quantitative assessment Patrice Ollivaud, Elena Rusticelli and Cyrille Schwellnus 1109. Short-term indicator models for quarterly GDP Growth in the BRIICS: a small-scale bridge model approach Thomas Chalaux and Cyrille Schwellnus 1108. The prudential regulation of financial institutions: why regulatory responses to the crisis might not prove sufficient William R. White 1107. OECD forecasts during and after the financial crisis: a post mortem Nigel Pain, Christine Lewis, Thai-Thanh Dang, Yosuke Jin and Pete Richardson

2013 1104. New indicators of competition law and policy in 2013 for OECD and non-OECD countries Enrico Alemani, Caroline Klein, Isabell Koske, Cristiana Vitale and Isabelle Wanner 1103. The effect of government debt, external debt and their interaction on OECD interest rates David Turner and Francesca Spinelli

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1102. The state of the banking sector in Europe Dirk Schoenmaker and Toon Peek 1100. New econometric estimates of long-term growth effects of different areas of public spending Omar Barbiero and Boris Cournède 1099. Cross-country spillovers from fiscal consolidations Antoine Goujard 1097. Capacity needs in the automobile industry in the short- to medium run Caroline Klein and Isabell Koske 1096. Environmental policies and productivity growth - a critical review of empirical findings Tomasz Koźluk and Vera Zipperer 1092. Productivity measurement with natural capital Nicola Brandt, Paul Schreyer and Vera Zipperer 1091. Growth-promoting policies and macroeconomic stability Douglas Sutherland and Peter Hoeller 1089. Fiscal devaluation – can it help to boost competitiveness? Isabell Koske 1088. How to achieve growth- and equity-friendly fiscal consolidation? A proposed methodology for instrument choice with an illustrative application to OECD countries Boris Cournède, Antoine Goujard and Álvaro Pina 1082. The benefits and costs of highly expansionary monetary policy Łukasz Rawdanowicz, Romain Bouis and Shingo Watanabe 1081. The effectiveness of monetary policy since the onset of the financial crisis Romain Bouis, Łukasz Rawdanowicz, Jean-Paul Renne, Shingo Watanabe and Ane Kathrine Christensen 1077. Deleveraging: challenges, progress and policies Romain Bouis, Ane Kathrine Christensen and Boris Cournède 1075. Do structural policies affect macroeconomic stability? Volker Ziemann 1073. Road connectivity and the border effect: evidence from Europe Henrik Braconier and Mauro Pisu 1072. Fiscal consolidation across government levels. Part 3: Intergovernmental grants, pro- or counter-cyclical? Hansjörg Blöchliger and Balázs Égert 1071. Fiscal consolidation across government levels. Part 2: Fiscal rules for sub-central governments, update of the institutional indicator Kaja Fredriksen

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1070. Fiscal consolidation across government levels. Part 1: How much, what policies? Hansjörg Blöchliger 1062. The post-crisis narrowing of international imbalances – cyclical or durable? Patrice Ollivaud and Cyrille Schwellnus 1061. Restructuring welfare spending in Slovenia Rafał Kierzenkowski 1060. The economics of civil justice: new cross-country data and empirics G. Palumbo, G. Giupponi, L. Nunziata and J. Mora-Sanguinetti 1055. The 90% public debt threshold: the rise and fall of a stylised fact Balázs Égert 1051. Fiscal federalism and its impact on economic activity, public investment and the performance of educational systems Hansjörg Blöchliger, Balázs Égert and Kaja Fredriksen 1049. Measuring total factor productivity at the firm level using OECD-ORBIS Peter N. Gal 1048. A projection method for public health and long-term care expenditures Christine de la Maisonneuve and Joaquim Oliveira Martins 1047. R&D, patenting and growth: the role of public policy By Ben Westmore 1046. Knowledge-based capital, innovation and resource allocation Dan Andrews and Chiara Criscuolo 1035. Policy options to durably resolve euro area imbalances By Yvan Guillemette and Dave Turner 1031. The price of oil – will it start rising again? By Jean-Marc Fournier, Isabell Koske, Isabelle Wanner and Vera Zipperer 1026. Moving towards a single labour contract: pros, cons and mixed feelings by Nicolas Lepage-Saucier, Juliette Schleich and Etienne Wasmer 1020. Do policies that reduce unemployment raise its volatility? Evidence from OECD countries by Alain de Serres and Fabrice Murtin 1016. The performance of road transport infrastructure and its links to policies by Henrik Braconier, Mauro Pisu and Debra Bloch 1013. The Equity Implications of Fiscal Consolidation by Lukasz Rawdanowicz, Eckhard Wurzel, Ane Kathrine Christensen

2012

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1006. Debt and macroeconomic stability: An overview of the literature and some empirics by Douglas Sutherland and Peter Hoeller 1005. Debt and macroeconomic stability: Debt and the business cycle by Volker Ziemann 1004. Debt and macroeconomic stability: Case studies by Rossana Merola 1003. Debt and macroeconomic stability by Douglas Sutherland, Peter Hoeller, Rossana Merola and Volker Ziemann 1000. Long-term growth scenarios By Åsa Johansson, Yvan Guillemette, Fabrice Murtin, David Turner, Giuseppe Nicoletti, Christine de la Maisonneuve, Philip Bagnoli, Guillaume Bousquet and Francesca Spinelli 996. Public policy and resource allocation: evidence from firms in OECD countries By Dan Andrews and Federico Cingano 993. Public Debt, Economic Growth and Nonlinear Effects: Myth or Reality By Balázs Égert 992. Choosing the pace of fiscal consolidation By Lukasz Rawdanowicz 989. Intangible assets, resource allocation and growth: a framework for analysis By Dan Andrews and Alain de Serres 980. Import competition, domestic regulation and firm-level productivity growth in the OECD By Sarra Ben Yahmed and Sean Dougherty 979. Non-parametric stochastic simulations to investigate uncertainty around the OECD indicator model forecasts By Elena Rusticelli 978. Measuring GDP forecast uncertainty using quantile regressions By Thomas Laurent and Tomasz Kozluk 977. Implications of output gap uncertainty in times of crisis Romain Bouis, Boris Cournède and Ane Kathrine Christensen 976. Avoiding debt traps: financial backstops and structural reforms By Pier Carlo Padoan, Urban Sila and Paul van den Noord 972. Europe's new fiscal rules By Sebastian Barnes, David Davidsson and Łukasz Rawdanowicz 971. Credit crises and the shortcomings of traditional policy responses By William R. White 970. International Capital Mobility and Financial Fragility Part 7. Enhancing Financial Stability: Country-specific Evidence on Financial Account and Structural Policy Positions

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By Rudiger Ahrend and Carla Valdivia 969. International Capital Mobility and Financial Fragility Part 6. Are all Forms of Financial Integration Equally Risky in Times of Financial Turmoil? Asset Price Contagion during the Global Financial Crisis By Rudiger Ahrend and Antoine Goujard 968. International Capital Mobility and Financial Fragility Part 5. Do Investors Disproportionately Shed Assets of Distant Countries under Increased Uncertainty? Evidence from the Global Financial Crisis By Rudiger Ahrend and Cyrille Schwellnus 967. International capital mobility and financial fragility Part 4. Which structural policies stabilise capital flows when investors suddenly change their mind? Evidence from bilateral bank data By Rudiger Ahrend, Cyrille Schwellnus 966. International Capital Mobility and Financial Fragility Part 3. How do structural policies affect financial crisis risk? Evidence from past crises across OECD and emerging economies By Rudiger Ahrend and Antoine Goujard 956. Options for benchmarking infrastructure performance By Mauro Pisu, Peter Hoeller and Isabelle Joumard 952. Income inequality in the European Union By Kaja Bonesmo Fredriksen 949. The short-term effects of structural reforms: an empirical analysis By Romain Bouis, Orsetta Causa, Lilas Demmou, Romain Duval and Aleksandra Zdzienicka 948. Short-term gain or pain? A DSGE model-based analysis of the short-term effects of structural reforms in labour and product markets By Matteo Cacciatore, Romain Duval and Giuseppe Fiori 947. Do house prices impact consumption and interest rate? Evidence from OECD countries using an agnostic identification procedure By Christophe André, Rangan Gupta and Patrick T. Kanda 942. The impact of changes in second pension pillars on public finances in Central and Eastern Europe By Balázs Égert 938. The nature of financial and real business cycles: the great moderation and banking sector pro-cyclicality By Balázs Égert and Douglas Sutherland 937. Fiscal consolidation: Part 6. What are the best policy instruments for fiscal consolidation? By Robert P. Hagemann 936. Fiscal consolidation: Part 5. What factors determine the success of consolidation efforts? By Margit Molnar

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935. Fiscal consolidation: Part 4. Case studies of large fiscal consolidation episodes By Hansjörg Blöchliger, Dae-Ho Song and Douglas Sutherland 934. Fiscal consolidation: Part 3. Long-run projections and fiscal gap calculations By Rossana Merola and Douglas Sutherland 933. Fiscal consolidation: Part 2. Fiscal multipliers and fiscal consolidations By Ray Barrell, Dawn Holland and Ian Hurst 932. Fiscal consolidation: Part 1. How much is needed and how to reduce debt to a prudent level? By Douglas Sutherland, Peter Hoeller and Rossana Merola 931. Less income inequality and more growth – Are they compatible? Part 8. The drivers of labour income inequality – A literature review By Rafal Kierzenkowski and Isabell Koske 930. Less income inequality and more growth – are they compatible? Part 7. The drivers of labour earnings inequality – An analysis based on conditional and unconditional quantile regressions By Jean-Marc Fournier and Isabell Koske 929. Less income inequality and more growth – are they compatible? Part 6. The distribution of wealth by Kaja Bonesmo Fredriksen 928. Less income inequality and more growth – are they compatible? Part 5. Poverty in OECD countries By Mauro Pisu 927. Less income inequality and more growth – are they compatible? Part 4. Top incomes By Peter Hoeller 926. Less income inequality and more growth – are they compatible? Part 3. Income redistribution via taxes and transfers across OECD countries By Isabelle Joumard, Mauro Pisu and Debbie Bloch 925. Less income inequality and more growth – are they compatible? Part 2. The distribution of labour income By Isabell Koske, Jean-Marc Fournier and Isabelle Wanner 924. Less income inequality and more growth – are they compatible? Part 1. Mapping income inequality across the OECD By Peter Hoeller, Isabelle Joumard, Mauro Pisu and Debbie Bloch

2011 923. Current issues in managing government debt and assets By Łukasz Rawdanowicz, Eckhard Wurzel and Patrice Ollivaud 921. Exploring determinants of subjective wellbeing in OECD countries – evidence from the World Value Survey

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By Sarah Fleche, Conal Smith and Piritta Sorsa 919. Explaining the interest-rate-growth differential underlying government debt dynamics By David Turner and Francesca Spinelli 918. Reassessing the NAIRUs after the crisis By Stéphanie Guichard and Elena Rusticelli 916. Systemically important banks and capital regulation challenges By Patrick Slovik 908. A welfare analysis of climate change mitigation policies By Alain de Serres and Fabrice Murtin 903. International capital mobility and financial fragility: Part 2. The demand for safe assets in emerging economies and global imbalances: new empirical evidence By Rudiger Ahrend and Cyrille Schwellnus 902. International capital mobility and financial fragility: Part 1. Drivers of Systemic Banking Crises: the Role of Bank-Balance-Sheet Contagion and Financial Account Structure By Rudiger Ahrend and Antoine Goujard 892 Has deregulation increased investment in infrastructure? Firm-level evidence from OECD countries By Sónia Araújo 887. The political economy of climate change mitigation policies: how to build a constituency to address global warming? By Alain de Serres, John Llewellyn and Preston Llewellyn 884. How institutions shape the distributive impact of macroeconomic shocks: a DSGE analysis By Rudiger Ahrend, Charlotte Moeser and Tommaso Monacelli 882. Predicting peaks and troughs in real house prices By Linda Rousová and Paul van den Noord 877. The sharing of macroeconomic risk: who loses (and gains) from macroeconomic shocks By Rudiger Ahrend, Jens Arnold and Charlotte Moeser 875. The effects of downturns on labour force participation: evidence and causes By Romain Duval, Mehmet Eris and Davide Furceri 874. A dynamic factor model for world trade growth By Stéphanie Guichard and Elena Rusticelli 873. Towards a better understanding of the informal economy By Dan Andrews, Aida Caldera Sánchez and Åsa Johansson 872. Tax competition between sub-central governments By Hansjörg Blöchliger and José-Maria Pinero-Campos 871. The growth effects of current account reversals: the role of macroeconomic policies

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By Luiz de Mello, Pier Carlo Padoan and Linda Rousová 869. How important is wealth for explaining household consumption over the recent crisis? An empirical study for the United States, Japan and the euro area By Clovis Kerdrain 868. Adjusting fiscal balances for asset price cycles By Robert Price and Thai-Thanh Dang 866. Understanding the recent surge in the accumulation of international reserves By Petar Vujanovic 865. Episodes of large capital inflows and the likelihood of banking and currency crises and sudden stops By Davide Furceri, Stephanie Guichard and Elena Rusticelli 864. The effect of episodes of large capital inflows on domestic credit By Davide Furceri, Stephanie Guichard and Elena Rusticelli 863. Medium-term determinants of international investment positions: the role of structural policies By Davide Furceri, Stephanie Guichard and Elena Rusticelli 860. Surveillance by international institutions: lessons from the global financial and economic crisis By Kumiharu Shigehara and Paul Atkinson 857. Policy frameworks in the post-crisis environment By Nigel Pain and Oliver Röhn 856. Global imbalances, exchange rate pegs and capital flows: a closer look By Paul van den Noord 854. What drives inflation in the major OECD economies? By Diego Moccero, Shingo Watanabe and Boris Cournède 853. Mitigation potential of removing fossil fuel subsidies: a general equilibrium assessment By J.M. Burniaux and J. Chateau 852. Enhancing labour utilisation in a socially inclusive society in Australia By Vassiliki Koutsogeorgopoulou 849. Drivers of homeownership rates in selected OECD countries By Dan Andrews and Aida Caldera Sánchez 846. To move or not to move: what drives residential mobility rates in the OECD? By Aida Caldera Sánchez and Dan Andrews 844. Macroeconomic Impact of Basel III By Patrick Slovik and Boris Cournède 843. The policy and institutional drivers of economic growth across OECD and non-OECD economies: new evidence from growth regressions

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By Romain Bouis, Romain Duval, and Fabrice Murtin 837 The price responsiveness of housing supply in OECD countries By Aida Caldera Sánchez, Åsa Johansson 836 Housing markets and structural policies in OECD countries By Dan Andrews, Aida Caldera Sánchez, Åsa Johansson 835 Raising potential growth after the crisis: A quantitative assessment of the potential gains from various structural reforms in the OECD area and beyond By Romain Bouis and Romain Duval 834 The GDP impact of reform: a simple simulation framework By Sebastian Barnes, Romain Bouis, Philippe Briard, Sean Dougherty, Mehmet Eris

2010 831. Real house prices in OECD countries: the role of demand shocks and structural and policy factors By Dan Andrews 830. International financial integration and the external positions of euro area countries By Philip R. Lane 829. Improving fiscal performance through fiscal councils By Robert Hagemann 828. Minimising risks from imbalances in European banking By Sebastian Barnes, Philip Lane and Artur Radziwill 827. Resolving and avoiding unsustainable imbalances in the euro area By Sebastian Barnes 826. Current account imbalances in the euro area: a comparative perspective By Sebastian Barnes, Jeremy Lawson and Artur Radziwill 824. Fiscal decentralisation and public investment: The experience of Latin America By Luiz de Mello 817. The land transport sector: policy and performance By Jan Persson and Daeho Song 816 A Simple Model of the Relationship Between Productivity, Saving and the Current Account By Jean-Marc Fournier, Isabell Koske 815 The Impact of Structural Policies on Saving, Investment and Current Accounts Clovis Kerdrain, Isabell Koske, Isabelle Wanner 813. Are global imbalances sustainable? Shedding further light on the causes of current account reversals By Luiz de Mello, Pier Carlo Padoan, Linda Rousová

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811 Trade linkages in the OECD trade system See also: trade matrices in excel By Jérôme Brézillon, Stéphanie Guichard and Dave Turner 803. Public-Private Partnerships and Investment in Infrastructure By Sónia Araújo and Douglas Sutherland 801. The Consequences of Banking Crises for Public Debt By Davide Furceri and Aleksandra Zdzienicka 799. Product Market Regulation By Anita Wölfl, Isabelle Wanner, Oliver Röhn and Giuseppe Nicoletti 795. Are Global Imbalances Sustainable? By Luiz de Mello and Pier Carlo Padoan (also published in the Review of Economics and Institutions, Vol. 2 (2011), pp.1-32) 794. Is there a Case for Carbon-Based Border Tax Adjustment? By Jean-Marc Burniaux, Jean Chateau and Romain Duval 793. Promoting Potential Growth: The role of structural reform By Luiz de Mello and Pier Carlo Padoan 792. Catching-up and Inflation in Europe: Balassa-Samuelson, Engel’s law and other culprits By Balázs Égert 791. Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? Panel data evidence for OECD countries by Renaud Bourlès, Gilbert Cette, Jimmy Lopez, Jacques Mairesse & Giuseppe Nicoletti 789. Gauging the Impact of Higher Capital and Oil Costs on Potential Output By Boris Cournède 779. European Energy Policy and the Transition to a Low–Carbon Economy by Jeremy Lawson 776. The Political Economy of Fiscal Consolidation by Robert Price 775. Structural and Cyclical Factors behind Current-Account Balances by Calista Cheung, Davide Furceri and Elena Rusticelli 774. A Framework for Assessing Green Growth Policies by Alain de Serres, Fabrice Murtin and Giusepppe Nicoletti 773. Modeling Institutions, Start-ups and Productivity during Transition by Zuzana Brixiova and Balázs Égert 772. Can Emerging Asset Price Bubbles be Detected? by Jesús Crespo Cuaresma 771. The nature of financial and real business cycles by Balázs Égert

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770. The Effects of Fiscal Policy on Output: A DSGE analysis by Davide Furceri and Annabelle Mourougane 769. Health Care Systems: efficiency and institutions by Isabelle Joumard, Christophe André and Chantal Nicq 768 The OECD’s New Global Model by Karine Hervé, Nigel Pain, Pete Richardson, Franck Sédillot and Pierre-Olivier Beffy 767 Assessing the Impact of the Financial Crisis on Structural Unemployment in OECD Countries Stéphanie Guichard and Elena Rusticelli 766 After the Crisis - Bringing German Public Finances Back to a Sustainable Path by Isabell Koske 765 Optimal Monetary and Fiscal Stabilisation Policies By Klaus Adam 764 Asset Prices and Real Economic Activity By E. Philip Davis 763 Fiscal Policy Reaction to the Cycle in the OECD: Pro- or counter-cyclical? By Balázs Égert 762 New Evidence on the Private Saving Offset and Ricardian Equivalence By Oliver Röhn 761 Monetary Policy Reaction Functions in the OECD By Douglas Sutherland 760 Counter-cyclical Economic Policy by Douglas Sutherland, Peter Hoeller, Balázs Égert and Oliver Roehn 757 Advancing Structural Reforms in OECD Countries: Lessons from twenty case studies by William Tompson and Thai-Thanh Dang 756 Labour markets and the crisis 755 Long-term growth and policy challenges in the large emerging economies by Paul Conway, Sean Dougherty and Artur Radziwill 753 Monetary Policy Responses to the Crisis and Exit Strategies Makoto Minegishi and Boris Cournède 752 Sub-central Governments and the Economic Crisis: Impact and policy responses Hansjörg Blöchliger, Claire Charbit, José Maria Pinero Campos and Camila Vammalle 746 A Bird's Eye View of OECD Housing Markets By Christophe Andre 745 The Automobile Industry in and Beyond the Crisis

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by David Haugh, Annabelle Mourougane and Olivier Chatal

2009 737 Recent Oil Price Movements– Forces and Policy Issues By Eckhard Wurzel, Luke Willard and Patrice Ollivaud 735 Prudential regulation and competition in financial markets By Rüdiger Ahrend, Jens Arnold and Fabrice Murtin 730 How do institutions affect structural unemployment in times of crises? 0BBy Davide Furceri & Annabelle Mourougane 729 Understanding the world trade collapse By Calista Cheung and Stéphanie Guichard 724 The role of transparency in the conduct of monetary policy By Makoto Minegisi et Boris Cournède 721 Is there a case for price-level targeting?H By Boris Cournède and Diego Moccero 718 What drives sovereign risk premiums? An analysis of recent evidence from the Euro Area H By David Haugh, Patrice Ollivaud, and David Turner 715 Economic growth and the role of taxation- Disaggregate data H By Gareth D. Myles, University of Exeter and Institute for Fiscal Studies 714 Economic growth and the role of taxation – Aggregate data H By Gareth D. Myles, University of Exeter and Institute for Fiscal Studies 713 Economic growth and the role of taxation – TheoryH By Gareth D. Myles, University of Exeter and Institute for Fiscal Studies 709 Intergenerational social mobility in European OECD countriesH By Orsetta Causa, Sophie Dantan and Åsa Johansson 708 Equity in student achievement across OECD countries: an investigation of the role of policiesH By Orsetta Causa and Catherine Chapuis 707 Intergenerational social mobilityH By Orsetta Causa and Åsa Johansson 706 Taxes or grants: what revenue source for sub-central governments?H By Hansjörg Blöchliger and Oliver Petzold 705 The spending power of sub-central governments: A pilot study By Steffen Bach, Hansjörg Blöchliger and Dominik Wallau 702 The incentives to participate in and the stability of international climate coalitions: a game-theoretic approach using the WITCH Model

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By Valentina Bosetti, Carlo Carraro, Enrica De Cian, Romain Duval, Emanuele Massetti and Massimo Tavoni 701 The economics of climate change mitigation: how to build the necessary global action in a cost-effective manner By Jean-Marc Burniaux, Jean Chateau, Rob Dellink, Romain Duval and Stéphanie Jamet 699 The effect of financial crises on potential output: new empirical evidence from OECD countries By Davide Furceri and Annabelle Mourougane 698 Employment - productivity trade-off and labour composition By Hervé Boulhol and Laure Turner 695 Ten years of product market reform in OECD countries – insights from a revised PMR indicator By Anita Wölfl, Isabelle Wanner, Tomasz Kozluk and Giuseppe Nicoletti 694 Structural reforms and the benefits of the enlarged EU internal market: Much achieved and much to do By Jens Arnold, Peter Höller, Margaret Morgan and Andreas Wörgötter 693 Co-benefits of climate change mitigation policies: literature review and new results By Johannes Bollen, Bruno Guay, Stéphanie Jamet and Jan Corfee-Morlot 691 Assessing the impacts of climate change: a literature review By Stéphanie Jamet and Jan Corfee-Morlot 689 Inflation responses to recent shocks: do G7 countries behave differently? By Lukas Vogel, Elena Rusticelli, Pete Richardson, Stéphanie Guichard and Christian Gianella 688 Infrastructure investment in network industries: the role of incentive regulation and regulatory independence By Balázs Égert 687 Government consumption volatility and the size of nations By Davide Furceri and Marcos Poplawski Ribeiro 686 Infrastructure investment: links to growth and the role of public policies By Douglas Sutherland, Sonia Araujo, Balázs Égert and Tomasz Koźluk 685 Infrastructure and growth: empirical evidence By Balázs Égert and Tomasz Kozluk and Douglas Sutherland 684 The effects of population structure on employment and productivity By Hervé Boulhol 683 The Macroeconomic Consequences of Banking Crises in OECD Countries By David Haugh, Patrice Ollivaud and David Turner 677 Quantifying the effect of financial conditions in the euro area, Japan, United Kingdom Hand United States By Stéphanie Guichard, David Haugh and David Turner

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676 Taking stock of existing structural policy and outcome indicators By Davide Furceri and Annabelle Mourougane 675 Stabilization Effects of Social Spending: Empirical Evidence from a Panel of OECD Countries By Davide Furceri 674 Fiscal Convergence, Business Cycle Volatility and Growth By Davide Furceri 670 Financial market stability in the European Union: Enhancing regulation and supervision By Jeremy Lawson, Sebastian Barnes and Marte Sollie 668 Financial crises: past lessons and policy implications By Davide Furceri and Annabelle Mourougane 664 The role of R&D and technology diffusion in climate change mitigation: new perspectives using the WITCH Model By Valentina Bosetti, Carlo Carraro, Roman Duval, Alessandra Sgobbi and Massimo Tavoni 663 Long-run GDP growth framework and scenarios for the world economy By Romain Duval H and Christine de la Maisonneuve

2008 659: Fiscal policy responsiveness, persistence, and discretion By António Afonso, Luca Agnello and Davide Furceri 658: The economics of climate change mitigation: policies and options for the future By Jean-Marc Burniaux, Jean Chateau, HRomain Duval H and Stéphanie Jamet 656: How do taxes affect investment and productivity? - An industry-level analysis of OECD countries By Laura Vartia 655: Strategies for countries with favourable fiscal positions By Robert PriceH, HIsabelle Joumard H, HChristophe AndréH and Makoto Minegishi 654: Monetary transmission mechanism in Central and Eastern Europe: Surveying the surveyable By HBalázs Égert Hand Ronald MacDonald 653: An Overview of the OECD ENV-Linkages model By Jean-Marc Burniaux and Jean Chateau 649: What Drives the NAIRU? Evidence from a Panel of OECD Countries By Christian Gianella, Isabell Koske, Elena Rusticelli and Olivier Chatal 648: Short-term distributional effects of structural reforms: selected simulations in a DGSE framework By HAnnabelle MourouganeH and Lukas Vogel

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647: Speed of adjustment to selected labour market and tax reforms By HAnnabelle MourouganeH and Lukas Vogel 643: Do tax structures affect aggregate economic growth? Empirical evidence from a panel of OECD countries By HJens Arnold 642: Accounting for one-off operations when assessing underlying fiscal positions By HIsabelle Joumard H, Makoto Minegishi, HChristophe AndréH, Chantal Nicq and Robert Price 641: Do corporate taxes reduce productivity and investment at the firm level? Cross-country evidence from the Amadeus dataset By Cyrille Schwellnus and HJens Arnold 636:A taxonomy of instruments to reduce greenhouse gas emissions and their interactions By HRomain Duval 634: Have long-term financial trends changed the transmission of monetary policy? By HBoris CournèdeH, HRudiger Ahrend H, and Robert Price 628: Recent trends and structural breaks in US and EU15 labour productivity growth By Laure Turner and HHervé Boulhol 627: Health status determinants: lifestyle, environment, health care resources and efficiency By HIsabelle Joumard H, HChristophe AndréH, Chantal Nicq and Olivier Chatal 626: Market Mechanisms in Public Service Provision By Hansjörg Blöchliger 621: The usefulness of output gaps for policy analysis By HIsabell KoskeH and HNigel Pain 620: Taxation and Economic Growth By Åsa Johansson, Christopher Heady, HJens ArnoldH, Bert Brys and Laura Vartia 619: Coping with labour shortages: How to bring outsiders back to the labour market By HEkkehard Ernst 616: Regulation, allocative efficiency and productivity in OECD countries: industry and firm-level evidence By HJens ArnoldH, HGiuseppe Nicoletti H and Stefano Scarpetta 610: Have developed countries escaped the curse of distance? by HHervé Boulhol H, HAlain de Serres 609: Measures of international transport cost for OECD countries by Stephen S. Golub and Brian Tomasik 604: Avoiding the value added tax: Theory and cross country evidence by HLuiz de MelloH. Published in Public Finance Review, Vol. 37, pp. 27-46, 2009 603: Oil Price Shocks, Rigidities and the Conduct of Monetary Policy: Some Lessons from a New Keynesian Perspective

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by HRomain Duval H and Lukas Vogel 602: The Contribution of Economic Geography to GDP Per Capita By HHervé Boulhol H, HAlain de SerresH and Margit Molnar 598: Revenue Buoyancy and its Fiscal Policy ImplicationsH by HIsabelle Joumard H and HChristophe André 597: Monetary Policy, Market Excesses and Financial Turmoil H by HRudiger Ahrend H, HBoris CournèdeH and HRobert Price 596: Explaining differences in hours worked among OECD countries: an empirical analysisH by Orsetta Causa

2007 592: Solow or Lucas? Testing growth models using panel data from OECD countriesH by HJens Arnold H, Andrea Bassanini and Stefano Scarpetta 591: The private internal rates of return to tertiary education: new estimates for 21 OECD countriesH by Romina Boarini and Hubert Strauss 589: The wage premium on tertiary education: new estimates for 21 OECD countriesH by Hubert Strauss and Christine de la Maisonneuve 586: Globalisation and the European Union: Which countries are best placed to copeH? by David Rae & Marte Sollie 583: Corporate net lending: A review of recent trendsH by HChristophe AndréH, HStéphanie Guichard H, Mike Kennedy and David Turner 581: Local government finances: The link between intergovernmental transfers and net worth H by HLuiz de MelloH. Published in G.D. Ingram and Y.H. Hong (Eds.), Fiscal Decentralization and Land Policies (Cambridge, MA: Lincoln Institute), 2008 576: The Policy Determinants of Investment in Tertiary Education H by 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 H by Jens Høj, Miguel Jimenez, Maria Maher, Giuseppe Nicoletti, and Michael Wise 573: How do the OECD growth projections for the G7 economies perform? A post-mortem H by Lukas Vogel 568: Competition Law and Policy Indicators for the OECD countriesH by Jens Høj 567: Structural policies and economic resilience to shocksH by HRomain Duval H, Jørgen Elmeskov and Lukas Vogel

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564: Integration of immigrants in OECD countries: do policies matter?H by Orsetta Causa and Sébastien Jean 563: The unemployment impact of immigration in OECD countriesH by Sébastien Jean and Miguel Jiménez 562: Migration in OECD countries: labour market impact and integration issuesH by Sébastien Jean, Orsetta Causa, Miguel Jimenez and Isabelle Wanner 561: The internationalisation of production, international outsourcing and employment in the OECD H by Margit Molnar, HNigel PainH and Daria Taglioni 558: Linkages between performance and institutions in the primary and secondary education sectorH by HDouglas Sutherland H and HRobert Price 555. HImproving the efficiency of health care spending: selected evidence on hospital performanceH by Espen Erlandsen 554. Cross-country analysis of efficiency in OECD health care sectors: options for research H by Unto Häkkinen and HIsabelle Joumard 553. What promotes fiscal consolidation: OECD country experiencesH by HStéphanie Guichard H, Mike Kennedy, Eckhard Wurzel and HChristophe André 552. Globalisation and the Macroeconomic Policy Environment H by Karine Hervé, HIsabell KoskeH, HNigel PainH and Franck Sédillot. May 2007 551. Why has core inflation remained so muted in the face of the oil shock?H by Paul van den Noord and HChristophe AndréH. April 2007 550. Housing markets and adjustments in monetary union H by HPeter HoellerH and David Rae. April 2007 548. The political economy of delaying fiscal consolidationH HBoris CournèdeH. March 2007 547. The impact on growth of higher efficiency of public spending on schoolsH Frédéric Gonand. March 2007 546. Performance indicators for public spending efficiency in primary and secondary education H HDouglas SutherlandH, HRobert PriceH, HIsabelle Joumard H and Chantal Nicq. February 2007 543. Public spending efficiency: institutional indicators in primary and secondary educationsH Frédéric Gonand, HIsabelle Joumard H and HRobert PriceH. February 2007

2006 535. Has the rise in debt made households more vulnerable?H Nathalie Girouard, Mike Kennedy and HChristophe AndréH. December 2006

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530. Product market regulation in the non-manufacturing sectors of OECD countries: measurement and highlightsH Paul Conway and Giuseppe Nicoletti. December 2006 525. OECD's FDI regulatory restrictiveness index: Revision and extension to more economiesH Takeshi Koyama and Stephen Golub. December 2006 524. Globalisation and inflation in the OECD economiesH HNigel PainH, HIsabell KoskeH and Marte Sollie. November 2006 523. Identifying determinants of Germany's international price competitiveness - A structural VAR approach H Martin Meurers. November 2006 522. Short-term pain for long-term gain: The impact of structural reform on fiscal outcomes in EMU H Paul van den Noord and HBoris CournèdeH. November 2006 521. Interactions between monetary and fiscal policy: How monetary conditions affect fiscal consolidationH HRudiger Ahrend H, Pietro Catte and HRobert PriceH. November 2006 520. Restoring fiscal sustainability in the Euro Area: raise taxes or curb spending?H HBoris CournèdeH and Frédéric Gonand. October 2006 519. Should measures of fiscal stance be adjusted for terms of trade effects?H David Turner. October 2006 518. Monetary policy and inflation expectations in Latin America: Long run effects and volatility spilloversH Luiz de Mello and Diego Moccero. October 2006. Published in Journal of Money, Credit and Banking, Vol. 41 (2009) 517. Social safety nets and structural adjustment H Paul van den Noord, Nathalie Girouard and HChristophe AndréH. October 2006 509. Regulation, competition and productivity convergenceH 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 506. Regulation of financial systems and economic growth H HAlain de SerresH, Shuji Kobayakawa, Torsten Sløk and Laura Vartia. August 2006 502. Taxation, business environment and FDI location in OECD countriesH 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 501. The political economy of structural reform: Empirical evidence from OECD countriesH 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

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500. Labour market performance, income inequality and poverty in OECD countries and AnnexesH Jean-Marc Burniaux, Flavio Padrini and Nicola Brandt. July 2006 494. The rates and revenue of bank transaction taxesH Jorge Baca-Campolonico, Luiz de Mello and Andrei Kirilenko. June 2006 493. Nothing ventured, nothing gained: The long-run fiscal reward of structural reformsH HPeter HoellerH and HClaude GiornoH. June 2006 490. Factors behind low long-term interest ratesH HRudiger Ahrend H, Pietro Catte and HRobert PriceH. June 2006 488. Are house prices nearing a peak? A probit analysis for 17 OECD countriesH Paul van den Noord. June 2006 486. Employment patterns in OECD countries: reassessing the role of policies and institutionsH Andrea Bassanini and HRomain Duval H. June 2006 484. Realising the oil supply potential of the CIS: the impact of institutions and policiesH HRudiger Ahrend H and HWilliam Tompson H. May 2006 483. Summary of a workshop on global convergence scenarios: structural and policy issuesH Nick Vanston (Rapporteur). May 2006 482. New OECD methods for supply-side and medium-term assessment: a capital services approach H Pierre-Olivier Beffy, Patrice Ollivaud, HPete Richardson H and Frank Sédillot. July 2006 477: Projecting OECD health and long-term care expenditures: What are the main drivers?H 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-beingH Romina Boarini, Åsa Johansson and Marco Mira D'Ercole. February 2006 475: Recent house price developments: the role of fundamentalsH Nathalie Girouard, Mike Kennedy, Paul van den Noord and HChristophe AndréH. January 2006

2005 472: Product market reforms and employment in OECD countriesH Giuseppe Nicoletti and Stefano Scarpetta. December 2005 466: Is there a case for sophisticated balanced-budget rulesH Antonio Fatás. December 2005 465: Fiscal rules for sub-central governments: design and impactH HDouglas SutherlandH, HRobert PriceH and HIsabelle Joumard H. December 2005 464: Assessing the robustness of demographic projections in OECD countriesH Frédéric Gonand. December 2005

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463: The benefits of liberalising product markets and reducing barriers to international trade and investment in the OECDH December 2005 461: Assessing the value of indicators of underlying inflation for monetary policyH Pietro Catte and Torsten Sløk. November 2005 460: Regulation and economic performance: product market reforms and productivity in the OECD H 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 SectorH Florence Jaumotte and HNigel PainH. December 2005 458: From innovation development to implementation: evidence from the Community Innovation SurveyH Florence Jaumotte and HNigel PainH. December 2005 457: From ideas to development: the determination of R&D and patentingH Florence Jaumotte and HNigel PainH. December 2005 456: An overview of public policies to support innovationH Florence Jaumotte and HNigel PainH. December 2005 450: House prices and inflation in the Euro Area H HBoris CournèdeH. October 2005 449: The EU's single market: at your service?H Line Vogt. October 2005 441: The labour market impact of rapid ageing of government employees: Some illustrative scenariosH Jens Høj and Sylvie Toly. September 2005 440: The new OECD international trade model H HNigel PainH, HAnnabelle MourouganeH, Franck Sédillot and Laurence Le Fouler. August 2005 438: The effects of EMU on structural reforms in labour and product marketsH HRomain Duval H and Jørgen Elmeskov. July 2005 435: Sources of inflation persistence in the Euro Area H HBoris CournèdeH, Alexandra Janovskaia and Paul van den Noord. July 2005 434: Measuring cyclically-adjusted budget balances for OECD countriesH Nathalie Girouard and HChristophe AndréH. July 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 H June 2005

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429: Assessing the OECD Jobs Strategy: Past developments and reforms and AnnexesH Nicola Brandt, Jean-Marc Burniaux and HRomain Duval H. May 2005 427: The impact of structural policies on trade-related adjustment and the shift to servicesH Per Mathis Kongsrud and Isabelle Wanner. April 2005 420: The impact of ageing on demand, factor markets and growth H 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 H Paul Conway, Véronique Janod, Giuseppe Nicoletti. February 2005 417: Fiscal gimmickry in Europe: One-off measures and creative accountingH HVincent Koen H 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. 415: Structural policy reforms and external imbalancesH Mike Kennedy and Torsten Sløk. January 2005

2004 412: Oil price developments: drivers, economic consequences and policy responsesH Anne-Marie Brook, HRobert PriceH, HDouglas SutherlandH, Niels Westerlund and HChristophe AndréH. December 2004 411: Wealth effects on money demand in EMU: econometric evidenceH Laurence Boone, Fanny Mikol and Paul van den Noord. November 2004 406: Tax treatment of private pension savings in OECD countries and the net tax cost per unit of contribution to tax-favoured schemesH Kwang-Yeol Yoo and HAlain de SerresH. October 2004 401: One money, one cycle? Making Monetary Union a smoother rideH HPeter HoellerH, HClaude GiornoH and Christine de la Maisonneuve. September 2004 400: Modelling cyclical divergence in the euro area: the housing channel H Paul van den Noord. September 2004 397: HSaving behaviour and the effectiveness of fiscal policyH Luiz de Mello, Per Mathis Kongsrud and HRobert PriceH. July 2004 396: The impact of exchange rate regimes on real exchange rates in South America, 1990-2002 H Anne-Laure Baldi and Nanno Mulder. June 2004 395: How market imperfections and trade barriers shape specialisation: South America vs. OECD H 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

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394: Housing Markets, wealth and the business cycleH Pietro Catte, Nathalie Girouard, HRobert PriceH and HChristophe AndréH. June 2004 393: Long-term budgetary implications of tax-favoured retirement plansH Pablo Antolin, HAlain de SerresH and Christine de la Maisonneuve. June 2004 392: Enhancing income convergence in Central Europe after EU accession H Patrick Lenain and Lukasz Rawdanowicz. June 2004 391: Asset price cycles, "one-off" factors and structural budget balanceH Nathalie Girouard and HRobert PriceH. June 2004 385: HFactors driving risk premia H Torsten Sløk and Mike Kennedy. April 2004 382: Differences in resilience between the euro-area and US economiesH Aaron Drew, Mike Kennedy and Torsten Sløk. March 2004 380: HEnhancing the effectiveness of public spending: experience in OECD countriesH HIsabelle Joumard H, Per Mathis Kongsrud, Young-Sook Nam and HRobert PriceH. February 2004 378: Policies bearing on product market competition and growth in EuropeH Carl Gjersem. January 2004

2003 376: Female labour force participation: past trends and main determinants in OECD countriesH Florence Jaumotte. December 2003 375: Fiscal relations across government levelsH HIsabelle Joumard H and Per Mathis Kongsrud. December 2003 374: Health-care systems: lessons from the reform experienceH Elizabeth Docteur and Howard Oxley. December 2003 373: Non-tariff measures affecting EU exports: Evidence from a complaints-inventoryH Peter Walkenhorst and Barbara Fliess. December 2003 372: The OECD medium-term reference scenario: Economic Outlook No. 74 H 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 countriesH Jean-Marc Burniaux, HRomain Duval H and Florence Jaumotte. November 2003 370: The retirement effects of old-age pension systems and other social transfer programmes in OECD countriesH HRomain Duval H. November 2003 369: Policies for an ageing society: recent measures and areas for further reform H Bernard Casey, Howard Oxley, Edward Whitehouse, Pablo Antolin, HRomain Duval H and Willi Leibfritz November 2003

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368: Financial market integration in the euro area H Carl Gjersem. October 2003 367: Recent and prospective trends in real long-term interest rates: Fiscal policy and other driversH Anne-Marie Brook. September 2003 365: Corporate taxation of Foreign Direct Investment income 1991-2001 H Kwang-Yeol Yoo. August 2003 364: HIndicator models of real GDP growth in selected OECD countriesH Franck Sédillot and HNigel PainH. July 2003 362: Post-crisis changes in banking and corporate landscapes in Dynamic AsiaH Margit Molnar. June 2003 361: After the telecommunications bubbleH Patrick Lenain and Sam Paltridge. June 2003 359: Policies and international integration: Influences on trade and foreign direct investment H 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 357: Measures of restrictions on inward foreign direct investment for OECD countriesH Stephen S. Golub. June 2003 356: Tax incentives and house price volatility in the Euro Area: Theory and evidenceH Paul van den Noord. June 2003 355: Stuctural policies and growth: a non-technical overview H HAlain de SerresH. May 2003 353: Macroeconomic policy and economic performanceH Pedro de Lima, HAlain de SerresH and Mike Kennedy. April 2003 352: Regulation and investment H 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 H Marco Buti and Paul van den Noord. March 2003 348: Comparative analysis of firm demographics and survival: micro-level evidence for the OECD countriesH Eric Bartelsman, Stefano Scarpetta and Fabiano Schivardi. January 2003 347: Regulation, productivity and growth: OECD evidenceH 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)

2002

35

344: The decline in private saving rates in the 1990s in OECD countries: How much can be explained by non-wealth determinants?H HAlain de SerresH and Florian Pelgrin. December 2002 342: HProductivity and convergence in a panel of OECD industries: Do regulations and institutions matter? HStefano Scarpetta and Thierry Tressel. September 2002 335: Automatic stabilisers and market flexibility in EMU: is there a trade-off?H Marco Buti, Carlos Martinez-Mongay, Khalid Sekkat and Paul van den Noord. July 2002 334: The economic consequences of terrorism H Patrick Lenain, Marcos Bonturi and HVincent Koen H. July 2002 333: Investment in human capital through post-compulsory education and training: selected efficiency and equity aspectsH Sveinbjörn Blöndal, Simon Field and Nathalie Girouard. July 2002 331: HCompetition and efficiency in publicly funded servicesH Jens Lundsgaard. June 2002 330: HPolicy pre-commitment and institutional design: a synthetic indicator applied to currency board H Marie-Thérèse Camilleri Gilson. May 2002 329: The role of policy and institutions for productivity and firm dynamics: Evidence from micro and industry dataH Stefano Scarpetta, Philip Hemmings, Thierry Tressel and Jaejoon Woo. April 2002 327: Increases in business investment rates in OECD countries in the 1990s: How much can be explained by fundamentals?H Florian Pelgrin, Sebastian Schich and HAlain de SerresH. April 2002 326: Sectoral shifts in Europe and the United States: How they affect aggregate labour shares and the properties of wage equationsH HAlain de SerresH, Stefano Scarpetta and Christine de la Maisonneuve. April 2002 323: Overheating in small euro area economies: Should fiscal policy react?H HPeter HoellerH, HClaude GiornoH and Christine de la Maisonneuve. February 2002 318: Product Market Regulation and Wage Premia in Europe and North America: An Empirical InvestigationH 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 EvidenceH Sanghoon Ahn. January 2002 316: Labour Market Institutions, Product Market Regulation, and Innovation : Cross Country EvidenceH Andrea Bassanini and Ekkehard Ernst. January 2002

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

2001 312: Product and Labour Markets Interactions in OECD CountriesH Giuseppe Nicoletti, Andrea Bassanini, Ekkehard Ernst, Sébastien Jean, Paulo Santiago and Paul Swaim. December 2001 311: Modelling Import Responsiveness for OECD Manufactures TradeH Mara Meacci and David Turner. October 2001 310: Trade Linkages and the Trade Matrices in the OECD Interlink Model H Laurence Le Fouler, Wim Suyker and Dave Turner. October 2001 308: Financial market liberalisation, wealth and consumption H Laurence Boone, Nathalie Girouard and Isabelle Wanner. September 2001 306: Standard shocks in the OECD INTERLINK model H Thomas Dalsgaard, HChristophe AndréH and Pete Richardson. September 2001 305: HFiscal implications of ageing: projections of age-related spendingH Thai-Thanh Dang, Pablo Antolín and Howard Oxley. September 2001 304: The width of the intra-european economic bordersH HAlain de SerresH, HPeter HoellerH and Christine de la Maisonneuve. August 2001 303: Surveillance of tax policies: a synthesis of findings in economic surveysH Paul van den Noord and Christopher Heady. July 2001 301: Tax systems in European Union countries HIsabelle Joumard H. June 2001 298: Tracking the euro HVincent Koen H, Laurence Boone, HAlain de SerresH 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 countriesH Sanghoon Ahn. June 2001 293: Encouraging environmentally sustainable growth: experience in OECD countriesH Paul O'Brien and Ann Vourc'h. May 2001 288: Public spending in Mexico: how to enhance its effectivenessH Bénédicte Larre and Marcos Bonturi. March 2001 287: Regulation in services: OECD patterns and economic implicationsH Giuseppe Nicoletti. February 2001 This work has also been published in Innovation and Productivity in Services, 2001, OECD, Paris.

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286: A small global forecasting model H David Rae and David Turner. February 2001 285: Managing public expenditure: some emerging policy issues and a framework for analysisH Paul Atkinson and Paul van den Noord. February 2001 284: Trends in immigration and economic consequencesH Jonathan Coppel, Jean-Christophe Dumond and Ignazio Visco. February 2001 283: Economic growth: the role of policies and institutions. Panel data evidence from OECD countriesH 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 280: HContributions of financial systems to growth in OECD countriesH Michael Leahy, Sebastian Schich, Gert Wehinger, Florian Pelgrin and Thorsteinn Thorgeirsson. January 2001. Updated 21 March 2001 279: House prices and economic activityH Nathalie Girouard and Sveinbjörn Blöndal. January 2001

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2000

274: A post-mortem on Economic Outlook projectionsH Vassiliki Koutsogeorgopoulou. December 2000 270: A multi-gas assessment of the Kyoto Protocol H Jean-Marc Burniaux. October 2000 267: Aggregate growth: what have we learned from microeconomic evidence?H John Haltiwanger. October 2000 266: Determinants of long-term growth: a Bayesian Averaging of Classical Estimates (BACE) approach H Gernot Doppelhofer, Ronald I. Miller and Xavier Sala-i-Martin. October 2000 265: The great reversals: the politics of financial development in the 20th centuryH Raghuram G. Rajan and Luigi Zingales. October 2000 264: Trade and growth: still disagreement about the relationshipH Robert Baldwin. October 2000 263: Growth effects of education and social capital in the OECD countriesH Jonathan Temple. October 2000 262: Human capital in growth regressions: how much difference does data quality make?H Angel de la Fuente and Rafael Doménech. October 2000 260: Summary of an informal workshop on the causes of economic growth H Jonathan Temple. October 2000 259: Knowledge, technology and economic growth: recent evidence from OECD countriesH Andrea Bassanini, Stefano Scarpetta and Ignazio Visco. October 2000 258: Average effective tax rates on capital, labour and consumption H David Carey and Harry Tchilinguirian. October 2000 255: Regulatory reform in road freight and retail distributionH Olivier Boylaud. August 2000 254: Regulation, market structure and performance in air passenger transportation H Rauf Gonenc and Giuseppe Nicoletti. August 2000 This work has also been published in OECD Economic Studies, Special issue: Regulatory Reform, n. 32, 2001. 252: E-commerce: impacts and policy challengesH Jonathan Coppel. June 2000 251: The implementation and the effects of regulatory reform: past experience and current issuesH 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.

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250: The concept, policy use and measurement of structural unemployment: estimating a time varying NAIRU across 21 OECD countriesH HPete Richardson H, Laurence Boone, HClaude GiornoH, Mara Meacci, David Rae and David Turner. June 2000 248: HEconomic growth in the OECD area: recent trends at the aggregate and sectoral level H Stefano Scarpetta, Andrea Bassanini, Dirk Pilat and Paul Schreyer. June 2000 246: HPolicy influences on economic growth in OECD countries: an evaluation of the evidenceH Sanghoon Ahn and Philip Hemmings. June 2000 243: HA changing financial environment and the implications for monetary policyH Paul Mylonas, Sebastian Schich and Gert Wehinger. May 2000 242: Carbon emission leakages - a general equilibrium viewH Jean-Marc Burniaux and Joaquim Oliveira Martins. May 2000 240: Comparing semi-structural methods to estimate unobserved variables: the HPMV and Kalman filters approachesH Laurence Boone. April 2000 239: HNew issues in public debt management: governement surpluses in several OECD countries, the common currency in Europe and rapidly rising debt in Japan Paul Mylonas, Sebastian Schich, Thorsteinn Thorgeirsson and Gert Wehinger. April 2000 238: HRegulation, industry structure and performance in the electricity supply industryH Faye Steiner. April 2000 237: Regulation, market structure and performance in telecommunicationsH 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 perspectiveH HPete Richardson H, Ignazio Visco and HClaude GiornoH. April 2000 235: Modelling manufacturing export volumes equations a system estimation approach H Keiko Murata, Dave Turner, Dave Rae and Laurence Le Fouler. April 2000 232: EMU, the euro and the European policy mixH Jonathan Coppel, Martine Durand and Ignazio Visco. February 2000 230: HThe size and role of automatic fiscal stabilisers in the 1990s and beyond H Paul van den Noord. January 2000 228: Finance and growth, Some theoretical considerations, and a review of the empirical literatureH Kotaro Tsuru. January 2000

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

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226: Summary indicators of product market regulation with an extension to employment protection legislationH Giuseppe Nicoletti, Stefano Scarpetta and Olivier Boylaud. December 1999 223: The use of financial market indicators by monetary authoritiesH Paul Mylonas and Sebastian Schich. September 1999 221: Trends in market opennessH Jonathan Coppel and Martine Durand. August 1999 220: Technology upgrading with learning cost - a solution for two "productivity puzzles" Sanghoon Ahn. July 1999 219: Testing for a common OECD Phillips curveH Dave Turner and Elena Seghezza. July 1999 216: Estimating prudent budgetary margins for 11 EU countries- A simulated SVAR model approach H Thomas Dalsgaard and HAlain de SerresH. July 1999 213: The levels and cyclical behaviour of mark-ups across countries and market structuresH 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 countriesH Pablo Antolín, Thai-Thanh Dang and Howard Oxley. April 1999 211: The recent experience with capital flows to emerging market economiesH Sveinjörn Blöndal and Hans Christiansen. March 1999 210: Foreign portfolio investors before and during a crisisH Woochan Kim and Shang-Jin Wei. February 1999

1998 208: Stock market fluctuations and consumption behaviour - some recent evidenceH Laurence Boone, HClaude GiornoH and HPete Richardson H. December 1998 202: The retirement decision in OECD countriesH 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 countriesH Ketil Hviding and Marcel Mérette. June 1998 200: The macroeconomics of ageing, pensions and savings- a surveyH Richard Kohl and Paul O'Brien. June 1998 199: Marginal effective tax rates on physical, human and R&D capital H Kathryn Gordon and Harry Tchilinguirian. June 1998

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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 recommendationsH La Stratégie de l'OCDE pour l'emploi - Rapport sur l'état d'avancement de la mise en oeuvre des recommandations by paysH May 1998 195: Trends in OECD countries' international competitiveness - the influence of emerging market economiesH Martine Durand, Christophe Madaschi and Flavia Terribile. April 1998 194: HThe European Union's trade policies and their economic effects H HPeter HoellerH, Nathalie Girouard and Alessandra Colecchia. April 1998 193: The macroeconomic implications of ageing in a global context H Dave Turner, HClaude GiornoH, HAlain de SerresH, Ann Vourc'h and HPete Richardson H. March 1998 192: Efficiency and distribution in computable models of carbon emission abatement H 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 H Charles Pigott and Hans Christiansen. March 1998 190: Submission by the OECD to the G8 growth, employability and inclusion ConferenceH March 1998 189: Income distribution and poverty in selected OECD countriesH Jean-Marc Burniaux, Thai-Thanh Dang, Douglas Fore, Michael Förster, Marco Mira d'Ercole and Howard Oxley. March 1998 188: Asset prices and monetary policyH Mike Kennedy, Angel Palerm, Charles Pigott and Flavia Terribile. February 1998 187: NAIRU - incomes policy and inflationH Silvia Fabiani, Alberto Locarno, Gian Paolo Oneto and Paolo Sestito. January 1998

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1997

181: Globalisation and linkages - Macro-structural challenges and opportunitiesH HPete Richardson H [editor]. September 1997 180: Regulation and performance in the distribution sectorH Dirk Pilat. September 1997 179: Measurement of non-tariff barriersH Alan V. Deardorff and Robert M. Stern. July 1997 178: The NAIRU-concept- A few remarksH Karl Pichelmann and Andreas Ulrich Schuh. July 1997 176: Taxation and economic performanceH Willi Leibfritz, John Thornton and Alexandra Bibbee. June 1997 175: Long-term interest rates in globalised marketsH Hans Christiansen and Charles Pigott. May 1997 174: HInternational implications of European Economic and Monetary Union H Norbert Funke and Mike Kennedy. May 1997 171: The reliability of quarterly national accounts in seven major countries- A user's perspectiveH Robert York and Paul Atkinson. February 1997

1996 170: Confidence indicators and their relationship to changes in economic activityH Teresa Santero and Niels Westerlund. November 1996 169: Labour productivity levels in OECD countries - Estimates for manufacturing and selected service sector HDirk 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 economiesH Dave Turner, HPete Richardson H and Sylvie Rauffet. August 1996 166: HSize distribution of output and employment- A data set for manufacturing industries in five OECD countries, 1960s-1990 H Bart van Ark and Erik Monnikhof, Economics Debartment. August 1996 165: Trade and competition- Frictions after the Uruguay Round H The International Trade and Investment Division, Economics Department. July 1996 164: Corporate governance, competition and performanceH Colin Mayer. June 1996

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163: HFiscal relations within the European Union H HPeter HoellerH, Marie-Odile Louppe and Patrice Vergriete. April 1996 162: HMark-up ratios in manufacturing industries - Estimates for 14 OECD countriesH 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 themesH George Symeonidis. April 1996 160: HValuing the right to tax incomes - An options pricing approach H Teun Draaisma and Kathryn Gordon. April 1996

1995 159: Innovation and competitive advantageH P.A. Geroski. September 1995 158: Monetary policy at price stability- A review of some issuesH Malcolm Edey, Norbert Funke, Mike Kennedy and Angel Palerm. September 1995 157: Technical progress, factor productivity and macroeconomic performance in the medium term HClaude GiornoH, HPete Richardson H and Wim Suyker. September 1995 156: Ageing populations, pension systems and government budgets: How do they affect saving?H 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 evidenceH Adrian Orr, Malcolm Edey and Michael Kennedy. June 1995 154: An assessment of financial reform in OECD countriesH Malcolm Edey and Ketil Hviding. May 1995 153: Markets for tradeable CO2 emission quotas principles and practiceH Graciela Chichilnisky and Geoffrey Heal. March 1995 152: Estimating potential output, output gaps and structural budget balancesH by HClaude GiornoH, Pete Richardson H, Deborah Roseveare and Paul van den Noord. February 1995 151: SOx emissions and carbon abatement H by Christophe Complainville and Joaquim Oliveira Martins. January 1995

1994 149: Health care reform, controlling spending and increasing efficiencyH Howard Oxley and Maitland MacFarlan. December 1994

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148: Macroeconomic performance and fiscal policy adjustments in the medium term- Alternative medium-term scenariosH HPete Richardson H, HClaude GiornoH and Stephan Thurman. October 1994 147: The EC's internal market- Implementation, economic consequences, unfinished businessH HPeter HoellerH 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 12RTH Alan Manne and Joaquim Oliveira Martins. August 1994 145: An international sectoral data base for fourteen OECD countries (Second edition)H F.J.M. Meyer zu Schlochtern and J.L. Meyer zu Schlochtern. June 1994 144: HFiscal policy, government debt and economic performanceH Willi Leibfritz, Deborah Roseveare and Paul van den Noord. June 1994 143: GREEN - The Reference Manual H Dominique van der Mensbrugghe. May 1994

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1993

142: Pension liabilities in the seven major economiesH Paul van den Noord and Richard Herd. December 1993 134: HMarket structure, international trade and relative wagesH 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 studiesH Oliver E. Williamson. September 1993 132: High and persistent unemployment- assessment of the problem and its causesH Jørgen Elmeskov. September 1993 131: Centralisation of wage bargaining and macroeconomic performance - a surveyH Lars Calmfors. September 1993 130: HUnemployment and labour force participation - trends and cyclesH Jørgen Elmeskov and Karl Pichelmann. June 1993 129: Trends and cycles in labour productivity in the major OECD countriesH Giuseppe Nicoletti and Lucrezia Reichlin. June 1993 This work has been also published in CEPR Working Paper, No. 808, July 1993 128: HInternational integration of financial markets and the cost of capitalH Mitushiro Fukao. March 1993 127: The international spillovers of capital income taxation- an applied general equilibrium analysisH François Delorme, Lawrence H. Goulder and Philippe Thalmann. January 1993 126: The future of capital income taxation in a liberalised financial environment H David Carey, Jean-Claude Chouraqui and Robert P. Hagemann. January 1993

1992 125: HGlobal effects of the European carbon taxH 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 123: HNew issues, new results - the OECD's second survey of the macroeconomic costs of reducing CO2 emissionsH HPeter HoellerH, Andrew Dean and Masahiro Hayafuji. July 1992 122: HCosts of reducing CO2 emissions - evidence from six global modelsH Andrew Dean and HPeter HoellerH. July 1992

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121: HResults for the OECD comparative modelling project from the Whalley-Wigle model H John Whalley (University of W.Ontario) and Randall Wigle (Wilfried Laurier University). July 1992 120: OECD's indicators of international trade and competitivenessH Martine Durand, Jacques Simon and Colin Webb. July 1992 119: HLes indicateurs de compétitivité et de commerce internationaux de l'OCDEH Martine Durand, Jacques Simon and Colin Webb. July 1992 118: The costs of reducing CO2 emissions - a comparison of carbon tax curves with GREENH 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: HAdjustment under fixed exchange rates- application to the European Monetary Union H A. Steven Englander and Thomas Egebo. July 1992 116: HGREEN- a multi-sector, multi-region, dynamic general equilibrium model for quantifying the costs of curbing CO2 emissions- a technical manual H 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 H 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: HCarbon taxes and CO2 emissions targets - results from the IEA model H E. Lakis Vouyakas, IEA. April 1992 113: Use of the Edmonds-Reilly model to model energy-related greenhouse gas emissionsH D.W. Barns, J.A. Edmonds and J.M. Reilly, Pacific Northwest Laboratory, Washington D.C. April 1992 112: HThe welfare effects of fossil carbon restrictions- results from a recursively dynamic trade model H Thomas Rutherford, University of Western Ontario. April 1992 111: HGlobal 2100 - alternative scenarios for reducing carbon emissionsH Alan S. Manne, Stanford University. April 1992 110: HEnergy taxation and price distortions in fossil fuel markets- some implications for climate change policy HHPeter HoellerH and Jonathan Coppel. April 1992 109: The information content of interest rate spreads across financial systems HFrank Browne and Warren Tease. April 1992

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108: HIs 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 policyH Paul Francis O'Brien and Frank Browne. March 1992

1991 106: HEnergy prices, taxes and carbon dioxide emissionsH HPeter HoellerH and Markku Wallin. July 1991 105: Saving trends and measurement issuesH Jørgen Elmeskov, Jeffrey Shafer and Warren Tease. July 1991 104: HGREEN- a multi-sector, multi-region, dynamic general equilibrium model for quantifying the costs of curbing CO2 emissions- a technical manual H 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 H 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: HPatterns of recoveries for the major seven OECD countriesH Marco Mira d'Ercole. June 1991 101: HP-star as an indicator of inflationary pressureH HPeter HoellerH and Pierre Poret. April 1991 100: Old age income maintenanceH Murray Petrie and Peter Sturm. April 1991 99: HThe measurement of output and factors of production for the business sector in OECD countries (the OECD Business Sector Database) H Mark Keese, Gérard Salou and HPete Richardson H. March 1991 98: HMacroeconomic consequences of financial liberalisation- a summary report H Adrian Blundell-Wignall and Frank Browne. March 1991 97: HDeregulation, credit rationing, financial fragility and economic performanceH Michael Driscoll. February 1991 96: Increasing financial market integration, real exchange rates and macroeconomic adjustment H Adrian Blundell-Wignall and Frank Browne. February 1991 95: Financial liberalisation, asset prices and exchange ratesH Marcus Miller and Paul Weller. February 1991

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94: HFinancial liberalisation and international trends in stock, corporate bond and foreign exchange market volatilitiesH Paul Kupiec. February 1991 93: A macroeconomic model for debt analysis of the Latin America region and debt accounting models for the highly indebted countriesH 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 productivityH Robert Ford and Pierre Poret. January 1991

1990 90: HThe public sector - issues for the 1990sH Howard Oxley, Maria Maher, John P. Martin and Giuseppe Nicoletti. December 1990 89: A survey of studies of the costs of reducing greenhouse gas emissionsH HPeter HoellerH, Andrew Dean and Jon Nicolaisen. December 1990 88: Business investment in the OECD economies- recent performance and some implications for policyH Robert Ford and Pierre Poret. November 1990 87: HThe "puzzle" of wage moderation in the 1980sH Pierre Poret. November 1990 86: HModelling wages and prices for the smaller OECD countriesH Kenichi Kawasaki, HPeter HoellerH and Pierre Poret. October 1990 85: HSimulating the OECD Interlink model under alternative monetary policy rulesH HPete Richardson H. October 1990 84: HWalras - a multi-sector, multi-country applied general equilibrium model for quantifying the economy-wide effects of agricultural policies- a technical manual H Jean-Marc Burniaux, François Delorme, Ian Lienert and John P. Martin. August 1990 82: HEconomics and the environment- a survey of issues and policy optionsH Jon Nicolaisen and HPeter HoellerH. July 1990 81: HFinancial liberalisation and consumption behaviourH Adrian Blundell-Wignall, Frank Browne and Stefano Cavaglia. March 1990 80: Fiscal indicatorsH Edward E. Gramlich, The University of Michigan. April 1990 79: HSuggestions for a new set of fiscal indicatorsH Olivier Blanchard (MIT and NBER). April 1990 78: Indicators of fiscal policy- a re-examinationH Jean-Claude Chouraqui, Robert P. Hagemann and Nicola Sartor. April 1990

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77: HMonetary policy in the wake of financial liberalisationH Adrian Blundell-Wignall, Frank Browne and Paolo Manasse. April 1990 75: HMeasuring industrial subsidies- some conceptual issuesH Neil Bruce. February 1990 74: HIndustrial subsidies in the OECD countriesH Robert Ford and Wim Suyker. January 1990 72: HThe role of indicators in structural surveillanceH Andrew Dean. January 1990

1989 71: HModelling business sector supply for the smaller OECD countriesH Raymond Torres, HPeter Jarrett H and Wim Suyker. October 1989 70: On the sequencing of structural reforms Sebastian Edwards. September 1989 69: HThe information content of the term structure of interest rates- theory and practiceH Frank Browne and Paolo Manasse. September 1989 68: The impact of increased government saving on the economy Richard Herd. June 1989 67: HSaving trends and behaviour in OECD countriesH Andrew Dean, Martine Durand, John Fallon and HPeter HoellerH. June 1989 66: Potential output in the seven major OECD countriesH Raymond Torres and John P. Martin. May 1989 65: HA post mortem on OECD short-term projections from 1982 to 1987 H Byron Ballis. February 1989 64: Revised groupings for non-OECD countries in OECD's macroeconomic model Interlink HHPaul O'Brien, Laure Meuro and Arthur Camilleri. January 1989 63: HModelling housing investment for seven major OECD countriesH Thomas Egebo and Ian Lienert. December 1988 61: Ageing populations: economic effects and implications for public financeH Robert P. Hagemann and Giuseppte Nicoletti. January 1989 This work has also been published in OECD Economic Studies, n.12, Spring 1989

1988 60: HCompatible trade and production data base - 1970-1985 Claude Berthet-Bondet, Derek Blades and Annie Pin. November 1988 58: HEmpirical research on trade liberalisation with imperfect competition: a surveyH J. David Richardson. November 1988

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57: HAn international sectoral data base for thirteen OECD countries F.J.M. Meyer-zu-Schlochtern. November 1988 56: On aggregation methods of purchasing power parities HR. and M. Cuthbert. November 1988 55: HQuantifying the economy-wide effects of agricultural policies- a general equilibrium approach Jean-Marc Burniaux, François Delorme, Ian Lienert, John P. Martin and HPeter HoellerH. July 1988 54: Tests of total factor productivity measurement HA. Steven Englander. June 1988 53: HAlternative solution methods in applied general equilibrium analysis Richard G. Harris. April 1988 52: HThe 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 H Jean-Claude Chouraqui, Michael Driscoll and Marc-Olivier Strauss-Kahn. April 1988 50: HPrivate consumption, inflation and the "debt neutrality hypothesis", the case for eight OECD countriesH Giuseppe Nicoletti. January 1988 This work has also been published in OECD Economic Studies, n.11, Fall 1988 49: HAre commodity prices leading indicators of OECD prices?H 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: HA review of the simulation properties of OECD's Interlink model H HPete Richardson H. July 1987 46: HRecent developments in OECD's international macroeconomic model H HPete Richardson H. 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: HPrice determination in the major seven country models in InterlinkH Ulrich Stiehler. July 1987 43: Import and export price equations for manufactures Richard Herd. June 1987

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42: HOECD economic activity and non-oil commodity prices- reduced-form equations for Interlink Gerald Holtham and Martine Durand. June 1987 41: HA revised supply block for the major seven countries in InterlinkH HPeter Jarrett H and Raymond Torres. April 1987 40: HTax reform in OECD countries- economic rationale and consequencesH Robert P. Hagemann, Brian R. Jones and Robert Bruce Montador. August 1987 39: HMonetary policy in the second half of the 1980s- how much room for manoeuvre? HKevin Clinton and Jean-Claude Chouraqui. February 1987 38: HTracking the U.S. external deficit, 1980-1985- experience with the OECD Interlink model H HPete Richardson H. February 1987

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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: HThe government household transfer data base 1960 - 1984 H Rita Varley. September 1986 35: HWealth and inflation effects in the aggregate consumption functionH G.H. Holtham and H. Kato. July 1986 34: HPure profit rates and Tobin's q in nine OECD countriesH James H. Chan-Lee. April 1986 33: HMécanismes de transmission et effets macro-économiques de la politique monétaire en France: les principaux enseignements économétriquesH Marc-Olivier Strauss-Kahn. March 1986 32: HThe formulation of monetary policy- a reassessment in the light of recent experienceH Paul Atkinson and Jean-Claude Chouraqui. March 1986 31: HThe OECD compatible trade and production data base 1970-1983 H Anders Brodin and Derek Blades.March 1986 30: HPublic debt in a medium-term context and its implications for fiscal policyH Jean-Claude Chouraqui, Brian Jones and Robert Bruce Montador. May 1986 29: Method of calculating effective exchange rates and indicators of competitivenessH Martine Durand. February 1986 28: HExchange rates and real long-term interest-rate differentials- evidence for eighteen OECD countriesH David T. Coe and Stephen S. Golub. February 1986

1985 27: HCommodity prices in InterlinkH Gerry Holtham, Tapio Saavalainen, Paul Saunders and Helen Sutch. November 1985 26: HAggregate supply in Interlink - model specification and empirical resultsH John Helliwell, Peter Sturm, Peter Jarrett and Gérard Salou. November 1985 25: HÉcart entre les importations et les exportations dans les statistiques du commerce extérieur de l'OCDEH Derek Blades and Marina Ivanov. September 1985 24: HFlexibilité du marché du travail et chocs extérieurs sur les prixH F. Klau and A. Mittelstadt. September 1985 23: HChanges in the composition of output and employment H Axel Mittelstädt and Françoise Correia. June 1985

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22: HLes prix de l'énergie: évolution et prespectivesH Axel Mittelstädt. June 1985 21: Taux d'intérêt réels et perspectives de croissance durable Paul Atkinson and Jean-Claude Chouraqui. May 1985 20: HProfits and rates of return in OECD countriesH James H. Chan-Lee and Helen Sutch. May 1985 19: HNominal wage determination in ten OECD economiesH David T. Coe and Francesco Gagliardi. March 1985 18: HBases de données compatibles sur le commerce et la production de l' OCDEH Derek Blades and Wendy Simpson. January 1985

1984 17: HReal gross product in OECD countries and associated purchasing power paritiesH Peter Hill 16: Monetary policy in the OECD Interlink model H A. Blundell-Wignall, M. Rondoni, H. Ziegelschmidt and J. Morgan. September 1984 15: HStructural budget deficits and fiscal stanceH Patrice Muller and Robert W.R. Price. July 1984 14: La conduite de la politique monétaire dans la phase actuelle de reprise économiqueH 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: HTaux d'activité: analyse et projectionsH James H. Chan-Lee. January 1984 11: HL'action exercée par l'Etat sur la redistribution du revenu H 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 9: HMedium-term financial strategy- the co-ordination of fiscal and monetary policyH Jean-Claude Chouraqui and HRobert PriceH. July 1983 8: Simulation des effets macro-économiques d'une forte baisse des prix pétroliers Flemming Larsen and John Llewellyn. June 1983 7: HThe determinants of exchange rate movementsH Graham Hacche. June 1983

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6: HSouplesse de la production et inflation: étude globaleH David T. Coe and Gerald Holtham. April 1983 5: HPrix des ressources naturelles et politique macro-économique: les enseignements de deux chocs pétroliersH John Llewellyn. April 1983 4: HService lives of fixed assetsH Derek Blades. March 1983 3: HWage formation in France- sectoral aspectsH Patrick Artus. March 1983 2: Capital, energy and labour substitution- the supply block in OECD medium-term modelsH Patrick Artus. March 1983 1: HUtilisation des élasticités de la demande de l'énergieH Axel Mittelstädt. March 1983