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  • 1
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 112 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.621
    Keywords: Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
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  • 2
    Online Resource
    Online Resource
    Paris : Organisation for Economic Co-operation and Development, Economics Department
    Language: English
    Pages: Online-Ressource (PDF-Datei: 69 S., 1,13 MB) , graph. Darst.
    Series Statement: OECD Economics Department working papers 815
    Keywords: Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 3
    Language: English
    Pages: 51 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.780
    Keywords: Economics ; Germany
    Abstract: The potential growth rate of the economy has been low for a long time and the crisis has had a further adverse impact. The meagre growth performance mainly reflects low growth in a number of services sectors; most manufacturing sectors, by contrast, expanded at a rapid pace in the years preceding the recent crisis, on the back of robust foreign demand. The challenge is to consolidate the past success of the export sector and to broaden it to the whole economy by making the policy framework more conducive to innovation and structural change. Specifically, product market regulation needs to be eased to prevent it from sheltering uncompetitive industries; the framework conditions for innovation need to be improved; the education system needs to be reformed further to supply a sufficiently large pool of highly qualified labour; and immigration policy needs to become more favourable to the immigration of high-skilled. Strengthening Germany’s attractiveness as a location for investment would contribute to a higher trend growth rate through lifting barriers to higher growth, which are particular binding in the non-traded goods sector. This would reduce Germany’s current account surplus and make a contribution to reduce global imbalances. This paper relates to the 2010 OECD Economic Survey of Germany (www.oecd.org/eco/surveys/germany).
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  • 4
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: Less income inequality and more growth : are they compatible? 7
    Series Statement: OECD Economics Department working papers 930
    Series Statement: Less income inequality and more growth
    Keywords: Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 5
    Language: English
    Pages: Online-Ressource
    Series Statement: Less income inequality and more growth : are they compatible? 8
    Series Statement: OECD Economics Department working papers 931
    Series Statement: Less income inequality and more growth
    Keywords: Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Despite a general trend of increasing labour income inequality, there have been differences in the timing, intensity and even direction of these changes across OECD countries. These stylized facts have led to numerous studies about the main determinants of labour income inequality and, as a result, a significant revision of the previous consensus about the key drivers. The most researched channels include skill-biased technological change, international trade, immigration, education as well as the role of labour market policies and institutions.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 6
    Language: English
    Pages: Online-Ressource , graph. Darst.
    Series Statement: OECD Economics Department working papers 999
    Keywords: 1981-2008 ; Sparquote ; Deutschland ; Economics ; Germany ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate. Specifically, it analyses the impact of the precautionary savings motive and the impact of the 2002 private pension reform (the so-called Riester reform) on households’ savings rate as these factors are among the most discussed in the German context. There is evidence for both factors at work: First, households with a more volatile income stream tend to save more and the extent to which they do depends on their (subjectively assessed) risk aversion. Second, the introduction of the Riester pension scheme in 2002 was associated with a general increase in the household savings rate, both for households that signed up for private pension contracts and for those that did not. This effect is not found for low-income households, thus confirming the findings of other studies.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 7
    Language: English
    Pages: Online-Ressource (45 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1031
    Keywords: 2011-2020 ; Ölpreis ; Prognose ; Erdöl ; Nachfrage ; Welt ; Energy ; Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and, hence, the price of the resource. A set of oil demand equations is estimated for OECD and non-OECD countries, which is then combined with assumptions about the behaviour of supply to analyse the impact of a range of macroeconomic and policy scenarios on the future oil price path. The scenario analysis suggests that a return of world growth to slightly below pre-crisis rates would be consistent with an increase in the price of Brent crude to far above early-2012 levels by 2020. This increase would be mostly driven by higher demand from non-OECD economies – in particular China and India. The expected rise in the oil price is unlikely to be smooth. Sudden changes in the supply or demand of oil can have very large effects on the price in the short run.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 8
    Online Resource
    Online Resource
    Paris : OECD, Economics Dep.
    Language: English
    Pages: Online-Ressource (16 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1089
    Keywords: Internationaler Wettbewerb ; Steuerpolitik ; Umsatzsteuer ; Sozialversicherungsbeitrag ; EU-Staaten ; Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: The recent crisis has revealed large differences in external competitiveness between euro area member countries. Since nominal exchange rate devaluation is not an option for members of a currency area, governments in troubled member countries have been considering so-called fiscal devaluation, i.e. a shift from employers’ social security contribution to value added tax, as an alternative means to restore competitiveness. This paper discusses the potential benefits and drawbacks of such a reform and investigates under which circumstances it would have the intended effects. It argues that a fiscal devaluation can have transitory effects, but that any permanent real effects are likely to be small in size. The policy tool can thus not be a substitute for deeper structural reforms of labour, product and financial markets. However, it may be helpful as part of a broader package of reforms.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: Acrobat Reader.
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  • 9
    Language: English
    Pages: Online-Ressource (74 S.) , graph. Darst.
    Series Statement: OECD Economics Department working papers 1200
    Keywords: Regulierung ; Welt ; Economics ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper investigates patterns in product market regulation across 34 OECD and 21 non-OECD countries, using an updated and revised version of the OECD’s indicators of product market regulation (PMR). The analysis shows that liberalisation of product markets has further slowed over the past five years. However, even though there was little progress on average in the OECD over this period, a number of OECD countries implemented sizable reforms, often in an attempt to boost economic growth in wake of the economic crisis. On average across the OECD, countries have made particular progress in abolishing price controls or improving their design, streamlining administrative procedures for start-ups, simplifying rules and procedures or improving access to information about regulations. Room for further improvements is the largest in the areas of public ownership and the governance of state-owned enterprises as well as with respect to barriers to competition in network and services sectors.
    Note: Zsfassung in franz. Sprache , Systemvoraussetzungen: PDF Reader.
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  • 10
    Language: French
    Pages: 1 Online-Ressource (34 p.)
    Parallel Title: Parallele Sprachausgabe Globalisation and OECD consumer price inflation
    Keywords: Economics
    Abstract: Au cours des 25 dernières années, l'inflation a considérablement diminué dans toutes les économies de l’OCDE. Pendant ce temps, la production de nombreux biens et services est devenue de plus en plus internationalisée et le niveau du commerce entre les pays de l’OCDE et les pays non membres a augmenté. Cet article étudie dans quelle mesure les changements observés dans le mécanisme d’inflation peuvent être attribués à l’intégration croissante des pays non membres de l’OCDE dans l’économie mondiale. Les résultats de l’analyse montrent que i) les prix d’importation jouent un rôle plus important dans la détermination des prix de consommation domestiques depuis le milieu des années 1990 ; ii) la sensibilité de l’inflation aux conditions économiques domestiques a diminué alors que la sensibilité aux conditions économiques extérieures a augmenté, en jouant à travers les prix d’importation ; et iii) la croissance forte du PIB dans les pays non membres au cours des cinq dernières années a contribué à l’augmentation des prix réels du pétrole et des métaux. Les simulations montrent que la globalisation a entraîné des pressions inflationnistes via des prix des matières premières plus élevés et des pressions désinflationnistes via des prix des importations des produits hors matières premières plus faibles. Le dernier effet semble avoir dominé dans la plupart des pays de l’OCDE.
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