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  • Online Resource  (251)
  • English  (250)
  • Undetermined  (1)
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  • 2005-2009  (251)
  • 1980-1984
  • 2006  (251)
  • Economics  (251)
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  • 2005-2009  (251)
  • 1980-1984
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  • 1
    ISBN: 1920942645 , 9781920942649 , 9781920942199 , 192094219X
    Language: English
    Pages: 1 Online-Ressource (xxiii, 349 pages)
    Series Statement: CAEPR research monograph / Centre for Aboriginal Economic Policy Research, Australian National University no. 26
    Parallel Title: Erscheint auch als
    Parallel Title: Print version
    Keywords: Aboriginal Australians Social conditions. ; Aboriginal Australians Economic conditions. ; Aboriginal Australians Social conditions ; Aboriginal Australians Economic conditions ; Aboriginal Australians ; Aboriginal Australians ; SOCIAL SCIENCE ; Research ; Aboriginal Australians ; Economic conditions ; Aboriginal Australians ; Social conditions ; Economics, finance, business and management ; Conference papers and proceedings ; Economics ; Society and social sciences Society and social sciences ; Electronic books
    Abstract: Presents the peer-reviewed proceedings of the CAEPR conference on Indigenous Socioeconomic Outcomes: Assessing Recent Evidence, held at The Australian National University in August 2005. Presents the latest evidence on Indigenous economic and social status, and family and community life, and discusses its implications for government policy. Analyses the 2002 National Aboriginal and Torres Strait Islander Social Survey (NATSISS) outputs and issues about how to interpret the data and offers some assessment of changes in Indigenous social conditions over time, examining how Indigenous people fared vis-à-vis other Australians in other statistical collections
    Note: Includes bibliographical references (pages 321-340)
    URL: Volltext  (kostenfrei)
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  • 2
    ISBN: 1920942548 , 9781920942540
    Language: English
    Series Statement: CAEPR research monograph / Centre for Aboriginal Economic Policy Research, Australian National University no. 25
    Parallel Title: Erscheint auch als Indigenous people and the Pilbara mining boom : a baseline for regional participation
    Keywords: Aboriginal Australians Australia ; Pilbara (W.A.) ; Economic conditions. ; Community development Australia ; Pilbara (W.A.) ; Sustainable development Australia ; Pilbara (W.A.) ; Mineral industries Australia ; Pilbara (W.A.) ; Mineral industries ; Sustainable development ; Community development ; Aboriginal Australians Economic conditions ; Mineral industries ; Sustainable development ; Community development ; Aboriginal Australians ; Aboriginal Australians ; Economic conditions ; Community development ; Economic history ; Mineral industries ; Sustainable development ; Ethnic & Race Studies ; Gender & Ethnic Studies ; Social Sciences ; Western Australia ; Pilbara ; Economics, finance, business and management ; Economics ; SOCIAL SCIENCE ; Research ; Pilbara (W.A.) Economic conditions. ; Pilbara (W.A.) Economic conditions ; Pilbara (W.A.) ; Electronic books
    Abstract: "The largest escalation of mining activity in Australian history is currently underway in the Pilbara region of Western Australia. Pilbara-based transnational resource companies recognise that major social and economic impacts on Indigenous communities in the region are to be expected and that sound relations with these communities and the pursuit of sustainable regional economies involving greater Indigenous participation provide the necessary foundations for a social licence to operate. This study examines the dynamics of demand for Indigenous labour in the region, and the capacity of local supply to respond. A special feature of this study is the inclusion of qualitative data reporting the views of local Indigenous people on the social and economic predicaments that face them. The basic message conveyed is that little has been achieved over the past four decades in terms of enhancing Indigenous socioeconomic status in the Pilbara. On the basis of planned economic development and corporate interest in pursuing Indigenous engagement, progress is now possible but major efforts are required from all interested stakeholders (Indigenous organisations, miners and governments) in order to ensure that this occurs."--Publisher's description.
    Description / Table of Contents: Profiling outcomes -- Demography of the Pilbara region -- Indigenous participation in the regional labour market -- Income status -- Education and training -- Housing and infrastructure -- Health status -- Crime and justice -- Implications for regional development.
    Note: Includes bibliographical references , English
    URL: Volltext  (kostenfrei)
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  • 3
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264064614
    Language: English
    Pages: Online-Ressource (72 p)
    Parallel Title: Parallelausg. OECD Forum 2006 ; Forum Highlights
    Parallel Title: Parallelausg. OECD Forum 2006 : Forum Highlights
    Keywords: Economics
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  • 4
    Language: English
    Pages: 65 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.530
    Keywords: Economics
    Abstract: Product market regulation in the non-manufacturing sectors of OECD countries: measurement and highlights This paper describes a new set of indicators that measure differences in the regulation of non-manufacturing sectors of OECD countries over the past three decades. The indicators focus on regulations that affect competitive pressures in areas where competition is economically viable and on the potential costs that these regulations entail for economic activities that use the output of regulated sectors as intermediate inputs in production. The paper illustrates the methodology used to compute the indicators and the patterns of product market regulation and regulatory reform that emerge from the analysis. The robustness of results is assessed in three ways: comparing the indicators to other available data covering the same areas; computing confidence intervals around the indicator values; and listing econometric results obtained by linking the indicators to measures of competition and economic performance.
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  • 5
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 41 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.533
    Keywords: Economics ; Brazil
    Abstract: Labour force participation is comparable to the OECD area for prime-age males. It is somewhat lower for females and is trending down for youths as a result of rising school enrolment. The labour market is placing an increasing premium on skills, making it particularly difficult for the less educated to find a job. Labour informality is pervasive and turnover high, especially for the less educated, discouraging investment in labour training and the acquisition of job-related skills, and perpetuating income disparities. The main policy challenge is to improve labour utilisation by reducing informality and fostering human capital accumulation on and off the job. A stable macroeconomy is a pre-condition for reducing unemployment, but a greater focus on activation within the current policy framework would be advisable. To close the remaining gender gap, female labour force participation in full-time jobs could be encouraged by increasing the supply of affordable child care and pre-school education. Labour turnover can be reduced by mitigating the incentives for negotiated separation, which currently arise from the design of severance insurance (FGTS) in the event of unfair dismissal. Skill marketability can be enhanced through the introduction of a national skills certification system, and labour training can become more cost-effective through increased contestability in existing programmes.
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  • 6
    Language: English
    Pages: 30 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.502
    Keywords: Economics
    Abstract: This paper assesses the importance of taxation on foreign direct investment contributing to the literature in two ways. First, it relates bilateral FDI among OECD countries over the 1990s to a new set of estimates of corporate tax wedges that include many relevant aspects of FDI taxation. Second, it controls for a large set of additional policy and non-policy factors that may affect the attractiveness of a country for foreign investors. Furthermore, the empirical approach is novel in that it focuses on a semi-parametric estimation methodology that accounts for a number of unobserved effects possibly impinging on the choice of investment location by multinational enterprises. Consistent with previous findings, the estimation results suggest that corporate taxation has a non-negligible impact on FDI location choices. However, the results suggest that focusing only on taxation in home and host countries and omitting other policies (such as border policies and labour and product market settings) may lead to a serious overestimation of tax elasticities and their relevance for policy.
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  • 7
    Online Resource
    Online Resource
    Paris : OECD Publishing.
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Main Economic Indicators
    Keywords: Economics
    Abstract: This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign finance, foreign trade, and balance of payments. Data are available from 1955 onwards.
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  • 8
    Online Resource
    Online Resource
    Paris : OECD Publishing.
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Main Economic Indicators
    Keywords: Economics
    Abstract: This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign finance, foreign trade, and balance of payments. Data are available from 1955 onwards.
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  • 9
    Online Resource
    Online Resource
    Berlin, Heidelberg : Springer Berlin · Heidelberg
    ISBN: 9783540284925
    Language: English
    Pages: Online-Ressource (XXIV, 440 p, digital)
    Edition: Third Edition
    Series Statement: SpringerLink
    Series Statement: Bücher
    Parallel Title: Buchausg. u.d.T. Key aspects of German business law
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    Keywords: Commercial law ; Economics ; Law ; Law ; Commercial Law ; Economics ; Deutschland ; Auslandsgeschäft ; Wirtschaftsrecht ; Deutschland ; Auslandsgeschäft ; Wirtschaftsrecht
    Abstract: Intended for those entering the German and European Union market, this book highlights and explains the differences between the German legal system and that of the United States. It is useful for those who wish to orient themselves with the German legal system
    Description / Table of Contents: Preliminaries; Preface; Contents; Introduction; I How to establish or acquire a business in Germany; II Commercial law; III Labor law; IV Computer law; V Procedural law; VI European law; VII Tax law; VIII IP; List of authors
    Note: Description based upon print version of record
    URL: Volltext  (lizenzpflichtig)
    URL: Cover
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  • 10
    ISBN: 9781402047169
    Language: English
    Pages: Online-Ressource , v.: digital
    Edition: Online-Ausg. Springer eBook Collection. Humanities, Social Science and Law Electronic reproduction; Available via World Wide Web
    Series Statement: European studies of population v. 15
    DDC: 374.1822
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    Keywords: Bildungsniveau ; Frauen ; Mütter ; Bildungsinvestition ; Fertilität ; Industrieländer ; Schweden ; Norwegen ; Italien ; Spanien ; Irland ; Niederlande ; Tschechien ; Deutschland ; Ostdeutschland ; USA ; Social Policy ; Demography ; Economics ; Population ; Konferenzschrift ; Industriestaaten ; Bevölkerungsentwicklung ; Wirtschaftliche Betrachtungsweise ; Mutterschaft
    Abstract: This book examines economic aspects of the role of women's education in the postponement of maternity in ten industrialized countries or regions: Sweden, Norway, Italy, Spain, Ireland, the Netherlands and Western Germany, the Czech Republic and Eastern Germany, and the United States. Each is investigated using survey data relating age at motherhood with the investment in education of the mother. The result is a detailed picture of the economics of fertility decisions.
    Abstract: Examines various economic aspects of the role of women's education in the postponement of maternity in ten industrialized countries. This book investigates one of these countries in each of its chapters using individual/household survey data, particularly focusing on the increasing age at motherhood with the investment in education of the mother
    Description / Table of Contents: Introduction and Contributions of this Volume; Fertility Decisions: Economic Theory, Empirical Analysis, and Policy Relevance; The Marginal Effect of School Leaving Age on Demographic Events. A Contribution to the Discussion on Causality; Explaining the Fertility Decline in Ireland; Female Labour Force Participation and Marital Fertility in Italy; Career planning in Spain: do fixed-term contracts delay marriage and parenthood?; The Family Earnings Gap and Postponement of Maternity in the United States; Household Consumption, Saving and Employment Around the Time of Births in The Netherlands
    Description / Table of Contents: Family Formation in East and West Germany Before and After UnificationEducation and Entry into Motherhood in the Czech Republic During State-Socialism and the Transition Period 1970-1997; Assortative Mating by Education and Postponement of Couple Formation and First Birth in Britain and Sweden; Education and Completed Fertility in Norway
    Note: Collection of texts partly published previously , Includes bibliographical references and indexes , Selection of the contributions to the conference took place at the University of Amsterdam, Department of Economics in October 2002 , Electronic reproduction; Available via World Wide Web
    URL: Volltext  (lizenzpflichtig)
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  • 11
    Online Resource
    Online Resource
    Dordrecht : Springer Science+Business Media B.V
    ISBN: 9781402054907
    Language: English
    Pages: Online-Ressource , v.: digital
    Edition: Online-Ausg. Springer eBook Collection. Humanities, Social Science and Law Electronic reproduction; Available via World Wide Web
    Series Statement: Archimedes 16
    DDC: 940.31
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    Keywords: Science ; Chemical engineering ; History ; Economics ; Business logistics ; Science (General) ; Aufsatzsammlung ; Chemische Industrie ; Erster Weltkrieg ; Internationaler Vergleich
    Abstract: This book represents a first considered attempt to study the factors that conditioned industrial chemistry for war in 1914-18. Taking a comparative perspective, it reflects on the experience of France, Germany, Austria, Russia, Britain, Italy and Russia, and points to significant similarities and differences. It looks at changing patterns in the organisation of industry, and at the emerging symbiosis between science, industry and the military.
    Abstract: The First World War is often called the 'chemists' war'. But few realise precisely how, or the extent to which modern chemistry became a significant factor in the struggle, and would be in turn deeply shaped by it. Gathering momentum at first, by 1916, success in applying scientific knowledge to 'frontline and factory' became a measure of a nation's capacity to win an industrial war. In the end, the titanic contest was won in large part through the command of raw materials and industrial output. This book represents a first considered attempt to study the factors that conditioned industrial chemistry for war in 1914-18. Taking a comparative perspective, it reflects on the experience of France, Germany, Austria, Russia, Britain, Italy and Russia, and points to significant similarities and differences. It looks at changing patterns in the organisation of industry, and at the emerging symbiosis between science, industry and the military, which contributed to the first 'academic-military-industrial' complex of the 20th century. At the same time, it reflects on the world's first, and ultimately unsuccessful attempt to monitor 'dual-use' chemical technologies, and so restrict the proliferation of an important category of weapons of mass destruction.
    Note: Papers presented at a workshop at the Institute of Advanced Studies of the University of Bologna in June 2002 , Electronic reproduction; Available via World Wide Web
    URL: Volltext  (lizenzpflichtig)
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  • 12
    Online Resource
    Online Resource
    Dordrecht : Springer
    ISBN: 9781402041853
    Language: English
    Pages: Online-Ressource , v.: digital
    Edition: Online-Ausg. Springer eBook Collection. Humanities, Social Science and Law Electronic reproduction; Available via World Wide Web
    Series Statement: Issues in Business Ethics 22
    DDC: 362.10973
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    Keywords: Ethics ; Philosophy (General) ; Medicine ; Medical ethics ; Economics ; Health Services Administration ; Health Services Administration ethics
    Abstract: This book traces the growth of managed care as a mechanism for curbing excessive growth in health costs, and the controversies that have risen around for-profit health care. Also examined are decentralization in US health care, and the absence of comprehensive health care planning, access rules, and minimum health care benefit standards. Finally, the author proposes a framework for improving access to quality, affordable health care in a competitive market environment.
    Abstract: The effective management of appropriate health care should be able to contain medical care costs and improve accessibility while addressing rationing concerns. However, managed care in the United States has not lived up to the expectations set for it.Managed care quickly gained popularity among employers and public policy makers as a mechanism for curbing the excessive growth of health care insurance costs. Nonetheless, since its introduction, the system of largely for-profit managed care has been the subject of much public and political debate. The change from a fee-for-service system toward a system in which the health care insurance component is combined with the delivery of a broad range of integrated health care services for populations of plan enrollees that are financed prospectively from a limited budget has been widely criticized and has even been called repugnant. Instead of placing the blame on managed care organizations, however, we need to keep in mind that such organizations operate without societal agreement on critical issues such as a workable definition of health, an authoritative standard for defining the scope of entitlements, and on the distribution of labor between public and private sector entities. The health care system in the United States is also characterized by decentralization as well as the absence of a comprehensive health care planning or budgeting system, substantive access rules, and agreed-upon minimum health care benefit package. Therefore, managed care organizations only have limited responsibilities. The nonexistence of a shared, unifying paradigm of responsibility has been called the leading cause of the inability to manage health care appropriately. The stakeholders in health care operate on a set of widely varying interpretations of the notion of responsibility. The concept of genuine responsibility, recognizing the complexity of health care and the need for stakeholder-specific interpretations of responsibility, proposes as the underlying premise of responsibility (at least in regard to health care) the social agreement that distributive choices should be made on the basis of the premise of deliberate reciprocity. When all parties share the same foundation on which the notion of responsibility is built the resulting trust and cooperation among stakeholders enables them to find morally appropriate solutions in reforming health care.
    Description / Table of Contents: HEALTH CARE COSTS AND SCARCITY OF HEALTH CARE RESOURCES; THE CONCEPT OF MANAGED CARE AND ITS PRACTICAL IMPLICATIONS; IDEOLOGY: THE SILENT PARTNER; THE CONCEPT OF GENUINE RESPONSIBILITY; REVISING THE TEMPLATE FOR MODELING HEALTH CARE; THEORETICAL REFLECTIONS; IMPLEMENTATION IN THE U.S. HEALTH CARE SYSTEM: CHALLENGES AND OPPORTUNITIES
    Note: Includes bibliographical references , Electronic reproduction; Available via World Wide Web
    URL: Volltext  (lizenzpflichtig)
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  • 13
    Online Resource
    Online Resource
    Paris : OECD Publishing and OECD Development Centre
    ISBN: 9789264022621
    Language: English
    Pages: Online-Ressource (656 p.)
    Series Statement: Development Centre Studies
    Parallel Title: Druckausg.
    Parallel Title: Erscheint auch als Maddison, Angus, 1926 - 2010 The world economy
    DDC: 338.91021
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    Keywords: Wirtschaftswachstum ; Strukturwandel ; Internationale Wirtschaft ; Internationale Wirtschaftsbeziehungen ; Internationaler Wettbewerb ; Einkommensverteilung ; Bevölkerungsentwicklung ; Makroökonomik ; Wirtschaftsgeschichte ; Welt ; Entwicklungsländer ; Afrika ; Lateinamerika ; Development ; Economics ; Statistik ; Weltwirtschaft ; Wirtschaftsentwicklung ; Geschichte ; Bevölkerungsentwicklung
    Abstract: The World Economy brings together two reference works by Angus Maddison: The World Economy: A Millennial Perspective, first published in 2001 and The World Economy: Historical Statistics, published in 2003. This new edition contains Statlinks, a service providing access to the underlying data in Excel® format. These two volumes bring together estimates of world GDP for the past 2000 years and provide a unique perspective on the rise and fall of economies historically. "One controversial clash of theories fueled by Maddison's data concerns the relative status of (growth in) the West versus the rest. The figures (in this book) are enriching economists' understanding of what make economies grow, and may even make it possible to reject some of the most prominent historical explanations." Diane Coyle, author of The Soulful Science, former economics editor of The Independent newspaper. "A tour de force. What a wonderful gift for the new century." Robert Mundell, Nobel Prize winner and Professor of Economics, Columbia University . "An essential reference for anyone interested in global development for many years to come." Paul Krugman, Professor of Economics, Princeton University . "Quite simply a dazzling essay." Nicholas Eberstadt, American Enterprise Institute. "Highly recommended . . . refreshing and full of historical information. An important book." Kisanhani F. Emizet, Kanzas University, writing in International Politics.
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  • 14
    Online Resource
    Online Resource
    Paris : OECD Publishing and OECD Development Centre
    ISBN: 9789264028272
    Language: English
    Pages: Online-Ressource (137 p.)
    Series Statement: Development Centre Studies
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. L'échelle de la compétitivité ; Comment la gravir
    Parallel Title: Parallelausg. L'échelle de la compétitivité : Comment la gravir
    Parallel Title: Erscheint auch als Causa, Orsetta The ladder of competitiveness
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    Keywords: Produktivität ; Internationaler Wettbewerb ; Welt ; Competition ; Industrial productivity ; Development ; Economics ; Wirtschaftsentwicklung ; Produktionsstruktur ; Produktionsfaktor ; Wettbewerbsfähigkeit
    Abstract: Tables of national competitiveness give an easily comparable ranking of the winners and losers of global economic competition. But they don't explain why the “poor” countries are four times less productive than the “rich” ones or why some rich countries are twice as productive as others. Using empirical data from over 50 countries, this book shows how even small differences in a number of factors combine to boost or block productivity. Governments need such information to set priorities. Investors need it too, and two new rankings are proposed as alternatives to a simple comparison of industrial productivity. The first, called the “investor ranking”, is based on infrastructure, human capital and total factor productivity. The second, “exporter ranking”, is for investors whose prime concern is for a production platform well-integrated into world trade. Combining the new rankings with a more traditional one produces three groups of countries, termed balanced, high potential, and vulnerable. Group membership reserves some surprises: you may be rich, but that doesn’t mean you’re not vulnerable.
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  • 15
    ISBN: 9789264035867
    Language: Multiple languages , English , French
    Pages: Online-Ressource (600 p.)
    Series Statement: OECD Glossaries
    Parallel Title: Druckausg.
    Parallel Title: Erscheint auch als OECD economics glossary
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    Keywords: Englisch (Sprache) ; Französisch ; Economics Dictionaries ; Economics Dictionaries ; French ; English language Dictionaries ; French ; French language Dictionaries ; French ; Economics ; Wörterbuch ; Englisch ; Französisch ; OECD ; Englisch ; Französisch
    Abstract: This updated and expanded edition of the 1992 Glossaire de l’économie anglais-français contains some 30 000 terms and expressions, covering a wide range of subject areas: general economics, statistics, finance and banking, trade, management, accounting, insurance, manpower and employment, development and tax. The glossary also explores new fields, such as money laundering and financial engineering. It gives brief descriptions of four specialist areas (financial analysis, money laundering, credit derivatives and transfer prices) and the English equivalents of the basic concepts.
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  • 16
    Language: English
    Pages: 29 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.493
    Keywords: Economics
    Abstract: The recent reform of the Stability and Growth Pact provides more leeway for EU governments to temporarily breach the 3% deficit limit if this facilitates the implementation of initially expensive reforms. But the implementation of this principle is not obvious as budgets would need to specify the initial and multi-annual budgetary cost and benefit profile of reforms. Budgets should also be explicit about the fiscal cost of inaction to allow a balanced judgment of countries? trade-offs between the various options available. This paper first assesses the information requirements to implement this new form of flexibility built into the Stability and Growth Pact. It then provides simulation exercises to highlight the positive budgetary effects of coordinated structural reforms in the euro area as well as the need for an adequate monetary policy response to make sure that demand adjusts to the improved supply conditions swiftly. The budgetary gains would still depend on the type of reform and their impact on employment and productivity. On the other hand, national policy initiatives by a single country may only have a limited impact, especially in the short term and in the case of a large country. Indeed, in monetary union, the strength of endogenous adjustment mechanisms appears to be weaker in larger countries. Finally, the experience of New Zealand and Australia has shown that the longer-term benefits of reforms both in terms of the budget and overall economic performance are significant. Even so, it is not easy to disentangle the various forces at play. Fundamentally, structural reform and the implementation of smart fiscal frameworks tend to go hand in hand ? indeed may be two sides of the same coin.
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  • 17
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 42 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.531
    Keywords: Economics ; Brazil
    Abstract: Brazil has made considerable progress in recent years towards consolidating macroeconomic stability, which is a key framework condition for sustained growth. Monetary policy continues to respond swiftly to changes in the inflation outlook, anchoring expectations. Fiscal policy has been guided by debt sustainability considerations, delivering primary budget surpluses that have often exceeded the end-year targets. Nevertheless, while the public debt-to-GDP has been reduced, it remains high, especially in comparison with other emerging-market economies. Brazil?s overarching macroeconomic challenge is therefore to continue to reduce the public debt overhang while improving the quality of fiscal adjustment, which has so far been underpinned by revenue hikes, rather than a retrenchment of expenditure commitments. To do so, measures will need to be taken to arrest the increase in current spending, especially on pensions, paving the way for subsequently removing distortions and reducing the tax burden over the medium to longer term, once the debt-to-GDP ratio has been reduced in a sustainable manner. The favourable domestic macroeconomic environment, with falling inflation and improving growth prospects, appears propitious for reform towards the gradual phasing-out of directed credit and a reduction in compulsory reserve requirements.
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  • 18
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 30 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.516
    Keywords: Economics ; Iceland
    Abstract: This paper reviews Iceland’s performance in skills accumulation against the backdrop of a rapidly changing economic environment and discusses directions for further improvements. Since the late 1990s, the government has considerably raised expenditure on education, which is now among the highest in the OECD relative to GDP. Nonetheless, Iceland continues to have one of the largest shares of those in the working age population who have not attained upper secondary or higher qualifications, and educational achievements of 15- year olds are not outstanding relative to the country’s advanced state of economic development. This is all the more unsatisfactory because spending per student in the compulsory education sector exceeds the OECD mean considerably, even after controlling for differences in per capita GDP. Measures to improve outcomes include curriculum adjustments and an enhancement of teaching evaluation and quality. While ensuring that students acquire a satisfactory basic set of competencies, there is room for reducing the average duration of primary and secondary education, which is quite long by international comparison. In contrast to upper secondary attainment, that for the tertiary sector is above the OECD average, and higher education has to cope with an enormous rise in participation. With a view to maintaining quality in the face of these developments, the government has introduced legislation that is welcome. However, it does not address the issue of tuition fees, which are authorised in the private but not in the public sector. This Working Paper relates to the 2006 OECD Economic Survey of Iceland (www.oecd.org/eco/surveys/iceland).
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  • 19
    ISBN: 9789264023994
    Language: English
    Pages: Online-Ressource (250 p.) , ill.
    Parallel Title: Parallelausg. Les infrastructures à l'horizon 2030 ; Télécommunications, transports terrestres, eau et électricité
    Parallel Title: Parallelausg. Les infrastructures à l'horizon 2030 : Télécommunications, transports terrestres, eau et électricité
    Parallel Title: Erscheint auch als Infrastructure to 2030 ; [Vol. 1]: Telecom, land transport, water and electricity
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    Keywords: 2004-2030 ; Infrastruktur ; Telekommunikationsnetz ; Elektrizitätswirtschaft ; Verkehrsinfrastruktur ; Wasserversorgung ; OECD-Staaten ; Energy ; Environment ; Science and Technology ; Transport ; Economics ; OECD ; Elektrizitätswirtschaft ; Verkehrsinfrastruktur ; Wasserversorgung ; Infrastrukturpolitik ; Telekommunikationswirtschaft ; Prognose 2030
    Abstract: Energy, transport, water and telecommunications all are essential to future development and growth. However, infrastructure investment requirements over the coming decades will be massive, running into trillions of dollars. How will the needed investments be financed, given that OECD populations are ageing fast and public finances tightening? How will such factors as urbanisation, climate change and globalisation affect the development of infrastructures in OECD countries? And how will the role of the public sector and private actors evolve over time? These are just some of the questions this OECD report addresses in this long-term assessment of the future of infrastructures in both OECD and non-OECD countries.
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  • 20
    Language: English
    Pages: 27 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.492
    Keywords: Economics ; Ireland
    Abstract: The Irish housing market is very buoyant. The housing boom is driven by strong economic growth, dynamic demographics and low interest rates. However, large tax advantages and relatively lenient credit policies by banks have also played their part, and prices may have become overvalued. To the extent that high house prices reflect favourable tax treatment, they may lead to economic inefficiencies by drawing excessive resources into residential construction. While a soft landing appears the most likely prospect, a disorderly correction of house prices would pose risks for macroeconomic and possibly financial stability. In this context, one policy lever available to the government would be a phased removal of the tax advantages associated with housing. In addition, banks should remain cautious in their lending and provisioning policies.
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  • 21
    Language: English
    Pages: 18 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.522
    Keywords: Economics ; Euro Area
    Abstract: The 2005 reform of the EU Stability and Growth Pact has provided leeway for governments to let their fiscal deficit temporarily breach the 3% rule to finance the immediate budgetary cost of structural reform, such as compensation schemes to offset redistributive effects. Against this backdrop, it is useful to dispose of empirical estimates of the effect of structural reform on fiscal outcomes, not only the short term cost but also the long-run fiscal gain stemming from changes in spending parameters and better economic performance. Based on econometric estimates for a pool of 21 OECD countries, this study finds a significant net fiscal gain of structural reform.
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  • 22
    Language: English
    Pages: 45 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.521
    Keywords: Economics
    Abstract: This paper assesses how and in what circumstances, fiscal consolidations are affected by monetary conditions, using data covering 24 OECD countries over the past 25 years, Focusing on fiscal consolidation “episodes”, it is found that these tend to occur when large budget deficits threaten sustainability and usually when other macroeconomic indicators -- inflation, the exchange rate and unemployment -- suggest a “crisis” situation. After controlling for these factors, the paper finds strong econometric evidence that consolidation efforts are more likely to be pursued and to succeed if the monetary policy stance is eased in the initial stages of the episode, thus contributing to offsetting the contractionary impact of fiscal tightening. However, the link is far from mechanical and there are also counter-examples where monetary easing was followed by aborted consolidation efforts. Central bank independence explicitly precludes direct responses of monetary policy to fiscal actions. However, the paper also provides evidence that the indirect reaction of monetary policy and financial markets to fiscal consolidation may be influenced by the quality of fiscal adjustment, as short and long-term interest rates are more likely to fall during episodes characterised by greater reliance on current expenditure cuts. While this means that causality runs both ways, the paper provides evidence that, even after controlling for this proxy of fiscal adjustment quality, changes in monetary stance do affect the chances that a fiscal retrenchment plan will be successfully pursued.
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  • 23
    Language: English
    Pages: 1 Online-Ressource (59 Seiten) , Diagramme, Tabellen
    Series Statement: OECD statistics working papers 2006, 1
    Keywords: Economics ; Brazil ; China, People’s Republic ; India ; Indonesia ; Russian Federation ; South Africa
    Abstract: The OECD developed a System of Composite Leading indicators for its Member countries in the early 1980's based on the 'growth cycle' approach. Today the OECD compiles composite leading indicators (CLIs) for 23 of its 30 Member countries and it is envisaged to expand country coverage to include all Member countries and the major six OECD non-member economies (NMEs) monitored by the organization in the OECD System of Composite Leading Indicators. The importance of the six major NMEs was considered the first priority and a workshop with participants from the six major NMEs was held at the OECD in Paris in April 2005 to discuss an initial OECD selection of potential leading indicators for the six major NMEs and national suggestions for alternative and/or additional potential leading indicators for calculation of country specific composite leading indicators. The outcomes of this meeting and followup activities undertaken by the OECD in co-operation with the participating national agencies are reflected in the results presented in this final version of the document. The OECD indicator system uses univariate analysis to estimate trend and cycles individually for each component series and then a composite indicator is obtained by aggregation of the resulting de-trended components. Today, statistical techniques based on alternative univariate methods and multivariate analysis are increasingly used in cyclical analysis and some of these techniques are used in this study to supplement the current OECD approach in the selection of leading components and the construction of composite indicators.
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  • 24
    Language: English
    Pages: 47 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.480
    Keywords: Economics ; Norway
    Abstract: Norway will face a fast maturing old age pension scheme over the 30 next years whereas oil revenues will supply only a part of implicit liabilities related to the present generation. This working paper examines the recently proposed new measures to strengthen long term fiscal sustainability in Norway. Even though a broad agreement was reached in the parliament on the proposed principles of pension reform, crucial elements are still under discussion, among these the decision on a flexible retirement age based on actuarially fair notional accounts and the strength of the link between income and benefits. Estimated savings arising from strengthened work incentives introducing a longevity coefficient and less generous indexation are three percentage points of GDP over the long term compared to an expected nine percentage points of GDP financing gap for welfare spending. For the proposals to have maximum impact, public subsidies to existing early retirement schemes should be removed and eligibility for disability pensions and long-term sick leaves tightened. This paper relates to the 2005 OECD Economic Survey of Norway (www.oecd.org/eco/surveys/norway).
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  • 25
    Language: English
    Pages: 39 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.485
    Keywords: Economics ; Brazil
    Abstract: Brazil's fiscal adjustment since the floating of the real in 1999 has been impressive, even in periods of lacklustre growth. This suggests a remarkable fiscal effort to ensure public debt sustainability. To better gauge the magnitude of this adjustment effort, this paper applies the methodology used by the OECD Secretariat to distinguish changes in the fiscal stance that are due to policy action from those that are related to the automatic stabilisers built into the tax code, the social security system and unemployment insurance. The paper's main finding is that discretionary action tends to be essentially pro-cyclical in downturns, underscoring the presence of a strong "sustainability motive" in the conduct of Brazilian fiscal policy. Spending on mandatory items, such as personnel, are pro-cyclical in upturns too, which can create a "ratcheting-up" effect on government spending over time, an issue that will have to be addressed to improve the quality of on-going fiscal adjustment. An increase in the debt-to-GDP ratio by 1 percentage point is associated with a decrease in discretionary federal spending by 0.33 percentage point during 1997-2005. This responsiveness appears to have become stronger after the floating of the real in 1999. This Working Paper relates to the 2005 OECD Economic Survey of Brazil (www.oecd.org/eco/survey/brazil).
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  • 26
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 47 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.490
    Keywords: Economics
    Abstract: Long-term bond yields have been low in recent years both in nominal and real terms, and . especially in the United States - they have reacted differently to shifts in monetary and fiscal stances relative to previous cycles. This article examines various possible explanations for this behaviour, such as the effects of changes in monetary policy frameworks on inflation and interest rate expectations; developments in ex ante saving-investment balances, and shifts in investors. portfolio preferences (including official reserve accumulation, .petro-dollar. recycling and pension fund demand for longer maturities). The paper finds that it is unlikely that any individual explanation can account for the level and profile of bond yields in recent years, but that an important element has been a compression in term premia, together with shifts in expected short rates. Even though bond yields have started to rise in the early part of 2006, they are unlikely to go back to the levels that prevailed in the 1980s or the early 1990s, as several of the factors that drove them lower are set to persist.
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  • 27
    Language: English
    Pages: 78 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.501
    Keywords: Economics
    Abstract: In an empirical investigation, the paper identifies the main political economy drivers of structural policy changes in OECD countries' labour and product markets over the 1985-2003 and 1973-2003 periods respectively. Some of the drivers are beyond the control of governments (i.e., that are exogenous to the political process) while there are others over which governments may have some leverage. The core empirical results, based on a set of policy indicators that cover 21 countries, suggest that the former set of factors has an important influence on the implementation of structural reform, including economic crises, exposure to foreign competition, and government?s duration in office. Nonetheless, the latter set of factors, including budgetary conditions and spillovers across policy areas -- in particular from the product to the labour market -- is also important to both initiate and sustain reforms.
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  • 28
    Language: English
    Pages: 50 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.506
    Keywords: Economics
    Abstract: This paper examines whether regulation that is more conducive to competitive and efficient financial systems has a significant positive impact on sectoral output and productivity growth in a sample of 25 OECD countries. More specifically, following a methodology used by Rajan and Zingales (1998), the paper tests whether industries that depend more heavily on external sources of funding tend to grow faster in countries that have more competition-friendly regulation in markets for banking services and financial instruments. The regulatory indicators are assembled from surveys conducted by the World Bank on regulations in banking and securities markets. They point to substantial variations in the stance of regulation across countries, in particular with respect to the broad rules underpinning securities market transactions. The empirical analysis indicates that financial system regulation matters for output growth both in a statistical and economic sense.
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  • 29
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 22 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.498
    Keywords: Economics ; Czech Republic
    Abstract: The Czech government considers innovation policy a key component of the effort to improve the business environment. This paper underscores the importance for the Czech Republic of expanding R&D activities that have a potential for commercial innovation. It also points to the relevance of good general business conditions in encouraging research and ensuring that the economy benefits from the international diffusion of innovation. Concerning targeted policies, the need for structural reforms to improve the research and innovation environment is described. The paper looks at options to create a coherent governance framework for public R&D and to make the allocation of research funds efficient. Assessment of changes in R&D tax allowances and the strategy for giving direct support to innovative SMEs is also made. Finally, the paper considers what reforms are needed to help the creation of stronger science-industry links and the take-off of the venture capital and "business angels" market. This Working Paper relates to the 2006 OECD Economic Survey of the Czech Republic (www.oecd.org/eco/surveys/Czech).
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  • 30
    Language: English
    Pages: 85 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.484
    Keywords: Economics
    Abstract: This paper provides an overview of the political economy of oil in the CIS. It briefly situates the region's oil sector potential in the global context, before analysing the structural features of the oil sectors by country. It examines the ways in which CIS oil industries have been organised and governed since 1991, as well as questions of transport infrastructure and export routes, which are especially critical for Central Asia's landlocked producers. The paper finally considers the causes and likely consequences of the recent shift towards greater state ownership and control in Russia and Kazakhstan, the region's most important oil producers. The paper's central argument is that these changes have increased the risk that the full hydrocarbon potential of the CIS may not be developed in a timely and economically efficient way.
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  • 31
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 52 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.473
    Parallel Title: Parallelausg. Concurrence sur les marchés de produits et performance économique en France
    Keywords: Economics ; France
    Abstract: Over the past decade, French economic growth has been insufficient to bring down high and persistent unemployment. Available cross-country evidence suggests that enhancing competition is an important means to improve economic performance. France is catching up with best practice in competition policy reform. However, other policy considerations often hamper the emergence of effective competition. Relatively weak competitive pressures remain in a number of sectors, particularly in sheltered service industries. Restrictions on competition reduce productivity growth and hinder job creation in regulated sectors. Policy must focus on giving more weight to overall consumer welfare in the face of opposition from relatively small but vocal special interest groups. This paper discusses reforms that would increase competition by: i) strengthening institutions and better clarifying their responsibilities with respect to competition enforcement; ii) reinforcing the ability of sector regulators to improve non-discriminatory third-party access and other aspects of competition in the network industries; iii) abolishing overly prescriptive regulation in the retail sector; and iv) removing unnecessary protection in some professional services. This Working Paper relates to the 2005 OECD Economic Survey of France (www.oecd.org/eco/surveys/france).
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  • 32
    Online Resource
    Online Resource
    Paris : OECD Publishing
    ISBN: 9789264013728
    Language: English
    Pages: Online-Ressource (142 p.) , ill.
    Series Statement: China in the Global Economy
    Parallel Title: Druckausg.
    Parallel Title: Erscheint auch als Challenges for China's public spending
    RVK:
    Keywords: Öffentliche Ausgaben ; China ; Finance and Investment ; Governance ; Economics ; China, People’s Republic ; China ; Öffentliche Ausgaben ; Verwaltungsreform
    Abstract: The study draws extensively on Chinese government and other sources to provide a detailed and up-to-date picture of the current state of China's public expenditure policies, the main reforms that are being undertaken, and the problems that remain to be resolved. Topics covered: key characteristics of China's budget and recent trends; the allocation of spending; the uneven pattern of fiscal decentralisation; gaps between expenditure needs and fiscal resources for local governments and their consequences.
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  • 33
    Language: English
    Pages: 21 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.525
    Keywords: Economics
    Abstract: This paper provides a revised measure of regulatory restrictions on inward foreign direct investment (FDI)for OECD countries and extends the approach to 13 non-member countries. The methodology is largely similar to that adopted in the previous version of the OECD indicator and covers three broad categories of restrictions: limitations on foreign ownership, screening or notification procedures, and management and operational restrictions. The FDI restrictiveness indicator captures statutory deviations from "national treatment", i.e. discrimination against foreign investment. When combined with other factors having an influence on foreign investment decisions, it has proven to be a good predictor of countries’ inward FDI performance.
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  • 34
    ISBN: 9789264028159
    Language: English
    Pages: Online-Ressource (260 p.)
    Parallel Title: Parallelausg. Manuel des indices hédoniques et des ajustements de qualité dans les indices de prix ; Application particulière aux produits des technologies de l'information et de la communication
    Parallel Title: Parallelausg. Manuel des indices hédoniques et des ajustements de qualité dans les indices de prix : Application particulière aux produits des technologies de l'information et de la communication
    Parallel Title: Erscheint auch als Triplett, Jack Handbook on hedonic indexes and quality adjustments in price indexes
    RVK:
    Keywords: Preisindex ; Indexberechnung ; Science and Technology ; Economics ; Qualität ; Anpassung ; Preisindex ; Produkteigenschaft ; Hedonischer Preisindex ; Preisindex
    Abstract: Price indexes can be constructed using a “hedonic method” that adjusts for changes in the quality of a product by focusing on a set of key product characteristics. This handbook contributes to a better understanding of the merits and shortcomings of conventional and hedonic price indexes and methods, and provides an analytic basis for choosing among them. It sets out “best practice” principles for constructing hedonic indexes and examines criticisms of hedonic indexes. The handbook brings together material that is now scattered in a wide number of places, but goes beyond the economic literature in significant respects. It has been written because there is a widespread view that the principles for conducting hedonic investigations are not readily assembled for statistical agency work, which is the primary audience of this volume.
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  • 35
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 46 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.528
    Keywords: Economics ; Turkey
    Abstract: Since the crisis of 2001, an impressive package of fiscal consolidation and institutional reform has created a strong foundation for economic growth. As a result, GDP growth has been strong and stable, inflation has fallen, and the public debt burden has been significantly reduced. Yet the current account deficit is large, exchange rate movements have been volatile, and the recent increase in inflation and rising levels of private sector external debt draw attention to Turkey?s vulnerabilities and to the need for additional policies to contain risks. This paper summarises the vulnerabilities of the Turkish economy and the steps that can be taken to improve macroeconomic resilience to shocks. This Working Paper relates to the 2006 Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey).
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  • 36
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 38 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.514
    Keywords: Economics ; Finland
    Abstract: While pronounced cycles in house prices have been a major cause of macroeconomic instability in the past, current house price developments do not yet suggest an overheating of the housing market. However, several important concerns are related to both direct effects of housing markets on overall activity and to more structural and regional issues. A factor making housing markets and the macro economy vulnerable to interestrate shocks is the high share of mortgage loans linked to variable interest rates. Tax subsidies to housing may largely be capitalised in higher land prices rather than increasing housing availability to the extent that slow planning procedures and municipalities' unwillingness to provide building land have limited the growth of the housing stock in growth regions. This would argue for improving municipalities' incentives to provide building land, speeding up planning procedures and a phased removal of the tax advantage associated with housing. Furthermore, the provision of social housing and the housing allowance system should be better targeted on those most in need of affordable housing.
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  • 37
    Language: English
    Pages: 28 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.517
    Keywords: Economics
    Abstract: Social safety nets protect citizens against hardship. By offering compensation, social safety nets may help overcome the political resistance to trade liberalisation and structural reform, but they can also weaken the incentives to work and save. Depending on their design, safety nets may also ease or impair adjustment to changing economic circumstances. Against this backdrop, the paper looks at the impact of social safety nets on output and employment and on the ability of economies to absorb adverse shocks. Dependent on their design, the presence of extensive social safety nets is often associated with more limited labour resource use and lower per capita GDP levels, even though activation policy can provide offsets. Moreover, many of the characteristics of social safety nets that reduce output and employment levels heighten the persistence of slack in the wake of adverse shocks. By contrast, the impact of social safety nets on business investment and household saving, and by extension the current account balance, is not clear-cut.
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  • 38
    Language: English
    Pages: 29 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.494
    Keywords: Economics
    Abstract: This paper provides cross-country empirical evidence on the productivity of bank transaction taxes (BTTs). Our data set comprises six Latin American countries that have levied BTTs since the late 1980s: Argentina, Brazil, Colombia, Ecuador, Peru and Venezuela. We find that, for a given tax rate, revenue declines over time. Therefore, in order to meet a fixed revenue target in real terms, the tax rate needs to be raised repeatedly. However, we also find that successive increases in the tax rate erode the tax base by more than they raise revenue yield and that the higher the increase in the tax rate, the more and faster the tax base is eroded. We conclude that BTTs do not provide a reliable source of revenue, especially over the medium term.
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  • 39
    Language: English
    Pages: 127 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.486
    Keywords: Economics
    Abstract: This paper explores the impact of policies and institutions on employment and unemployment of OECD countries in the past decades. Reduced-form unemployment equations, consistent with standard wage setting/price-setting models, are estimated using cross-country/time-series data from 21 OECD countries over the period 1982-2003. In the "average" OECD country, high and long-lasting unemployment benefits, high tax wedges and stringent anti- competitive product market regulation are found to increase aggregate unemployment. By contrast, highly centralised and/or coordinated wage bargaining systems are estimated to reduce unemployment. These findings are robust across specifications, datasets and econometric methods. As policies and institutions affect employment not only via their impact on aggregate unemployment but also through their effects on labour market participation - particularly for those groups "at the margin" of the labour market, group-specific employment rate equations are also estimated. In the "average" OECD country, high unemployment benefits and high tax wedges are found to be associated with lower employment prospects for all groups studied, namely prime-age males, females, older workers and youths. There is also evidence that group-specific policy determinants matter, such as targeted fiscal incentives. The paper also finds significant evidence of interactions across policies and institutions, as well as between institutions and macroeconomic conditions. Consistent with theory, structural reforms appear to have mutually reinforcing effects: the impact of a given policy reform is greater the more employment-friendly the overall policy and institutional framework. Certain more specific interactions across policies and institutions are found to be particularly robust, notably between unemployment benefits and public spending on active labour market programmes as well as between statutory minimum wages and the tax wedge. Finally, it is shown that macroeconomic conditions also matter for unemployment patterns, with their impact being shaped by policies.
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  • 40
    Language: English
    Pages: 35 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.474
    Keywords: Economics ; Austria
    Abstract: This paper reviews the fiscal relations between the three levels of government in Austria and points to the scope for reforming them with a view to improving the efficiency of the public sector. Key areas of public sector activity are subject to complex relations across the three layers of government. Fragmentation of decision-making in some spending programmes, such as hospital care and social assistance benefits, needs to be overcome, concentrating financing and spending responsibilities on one government level. Strengthening co-operation between municipalities as well as amalgamations of small municipalities would allow advantage to be taken of scale economies in the provision of local government services. Stronger tax-raising powers of the municipalities and the states, reform of tax sharing rules and improved budgeting procedures would raise the ability of sub-national governments to match the supply of services to local demand patters and improve accountability to voters. This Working Paper relates to the 2005 OECD Economic Survey of Austria (www.oecd.org/eco/surveys/austria)
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  • 41
    Language: English
    Pages: 34 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.488
    Keywords: Economics
    Abstract: House prices have been moving up strongly in real terms since the mid-1990s in the majority of OECD countries, with the ongoing upswing the longest of its kind in the OECD area since the 1970s. If interest rates were to rise significantly, real house prices may be at risk of nearing a peak. The historical record suggests that the subsequent drops in prices in real terms might be large and that the process could be protracted. To quantify the probability that a peak is nearing in the current situation a probit model was estimated for the period 1970-2005 on a restricted set of what are generally agreed to be the main explanatory variables. Aside from interest rates, these include measures of overheating, such as the gap between real house prices and their long-run trend and the rate of change in real house prices in the recent past. The main finding is that an increase in interest rates by about 1 to 2 percentage points would result in probabilities of a peak nearing of 50% or more in the United States, France, Denmark, Ireland, New Zealand, Spain and Sweden.
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  • 42
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 34 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.532
    Keywords: Economics ; Brazil
    Abstract: Brazil's main challenge in innovation policy is to encourage the business sector to engage in productivity-enhancing innovative activities. At 1% of GDP, R&D spending (both public and private) is comparatively low by OECD standards and is carried out predominantly by the government. Most scientists work in public universities and research institutions, rather than in the business sector. Output indicators, such as the number of patents held abroad, suggest that there is much scope for improvement. Academic patenting effort is being stepped up and should be facilitated by the easing of restrictions on the transfer and sharing of proceeds of intellectual property rights between businesses and public universities and research institutions. Innovation policy is beginning to focus on the potential synergies among science and technology promotion, R&D support and trade competitiveness. To be successful in boosting business innovation, these policies will need to be complemented by measures aimed at tackling the shortage of skills in the labour force; this shortage is among the most important deterrents to innovation in Brazil, particularly against the backdrop of a widening gap in tertiary educational attainment with respect to the OECD area.
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  • 43
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 31 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.489
    Keywords: Economics ; Portugal
    Abstract: Portugal’s fiscal policy has failed to durably reduce the deficit below the Stability and Growth Pact threshold of 3% of GDP and was submitted to the excessive deficit procedure of the EU Commission for a second time in 2005. The paper describes fiscal developments in Portugal over the past years and explores why earlier attempts of fiscal consolidation have failed. It also examines the new consolidation programme and assesses its chances of success and discusses further necessary steps to ensure consolidation over the longer term. It is argued that reasons for the failures of past consolidation efforts were the pro-cyclical policy during the earlier economic upswing and the reliance on one-off-measures which reduced the sense of urgency and commitment to undertake structural reforms and to address the chronic weak control of public spending. The new consolidation strategy is not relying on one-off measures in a context where Portugal has been granted more time to get its deficit under 3% of GDP. It includes structural reforms on the spending side that are going in the right direction and, if fully implemented, are likely to succeed in bringing the deficit below 3% of GDP over the next few years. But consolidation will only be successful if all measures are implemented immediately and forcefully. The consolidation programme needs to be complemented by additional reforms to strengthen expenditure control and in particular to reform the general pension system. On the revenue side, further simplifying the tax system and refraining from revising the tax legislation from one year to the next, as has happened in recent years, would make the tax system easier to manage and would facilitate long-term decision-making by economic agents.
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  • 44
    Language: English
    Pages: 61 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.475
    Keywords: Economics
    Abstract: In the vast majority of OECD economies, house prices in real terms have been moving up strongly since the mid-1990s. Because of the important role housing wealth has been playing during the current upswing, this paper will look more closely at what is underlying these developments for 18 OECD countries over the period from 1970 to the present, with a view to shedding some light on whether or not prices are in line with fundamentals. The paper begins by putting the most recent housing price run-ups in the context of the experiences of the past 35 years. It then examines current valuations against a range of benchmarks. It concludes with a review of the links between a possible correction of housing prices and real activity. The main highlights from this analysis are as follows: 1) The size and duration of the current real house price increases; the degree to which they have tended to move together across countries; and the extent to which they have disconnected from the business cycle are unprecedented. 2) Overvaluation of real house prices may only apply to a relatively small number of countries. However, the extent to which these prices look to be fairly valued depends largely on longer-term interest rates remaining at or close to their current low levels. 3) If house prices were to adjust downward, the historical record suggests that the drops might be large and that the process could be protracted, given the observed stickiness of nominal house prices and the current low rates of inflation.
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  • 45
    Language: English
    Pages: 34 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.478
    Keywords: Economics ; Russian Federation
    Abstract: In recent years economists have come to see rich natural resource endowments as a ?curse? or ?precious bane? that inevitably undermines development and slows economic growth. Resource-based development undeniably involves important risks. Nonetheless, the resource curse - if it exists - is at least no fatalité, as the examples of Australia, Canada and the Scandinavian countries demonstrate. This paper argues that the serious challenges posed by resource-dependence, which include an increased vulnerability to external shocks, the risk of ?Dutch disease?, and the risk of developing specific institutional pathologies, can be overcome, or at least very substantially mitigated, if accompanied by the right economic policies. It then analyses in detail what these ?right? economic policies are, and how to set up economic and political framework conditions to facilitate their successful implementation. The paper thereafter looks specifically at Russia as a prominent example of a resource-based economy. It investigates briefly the main drivers of Russian growth in recent years, and makes specific recommendations that would help the Russian economy to sustain high growth.
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  • 46
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 53 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.476
    Keywords: Economics
    Abstract: This paper assesses if GDP per capita is an adequate proxy as a measure of wellbeing or whether other indicators are more suitable for this purpose. Within the national accounts framework, other better measures of economic resources exist, but they are closely correlated with GDP per capita and are not as readily available. Illustrative calculations to ?extend? measures of economic resources to include leisure time, the sharing of income within households and distributional concerns suggest that cross-country ranking of based on these indicators and GDP per capita are generally similar, although they have evolved differently over time. Across OECD countries, levels of most measures of specific social conditions are significantly related to GDP per capita while changes over time are not. However, survey based data on happiness and life-satisfaction across OECD countries are only weakly related to levels of GDP per capita. Overall, measures of GDP per capita and economic growth remain critical for any assessment of wellbeing but they need to be complemented with measures of other dimensions of well-being to get a comprehensive picture of well-being.
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  • 47
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 30 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.496
    Keywords: Economics ; Czech Republic
    Abstract: The Czech Republic faces one of the largest demographic challenges in the OECD area and making sure the public pension system is able to cope with rapid population ageing is important for long-term fiscal stability and social welfare. This paper assesses five proposals for pension reform made in late 2005 with a view to helping progress towards a final decision on reform. The proposals cover a wide range of options: only parametric change of the current pay-as-you-go (PAYG) system, systems combining a PAYG pension with a second-pillar (defined-contribution), a flat-rate pension and a system of notional accounts. The analysis uses OECD simulation models to compare the proposals in terms of fiscal sustainability, safety nets, early retirement incentives, diversification into private provision, simplicity and the pensions-earnings link. This Working Paper relates to the 2006 OECD Economic Survey of the Czech Republic (www.oecd.org/eco/surveys/czech).
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  • 48
    Language: English
    Pages: 1 Online-Ressource (62 Seiten) , Diagramme
    Series Statement: OECD statistics working papers 2006, 3
    Keywords: Economics
    Abstract: The creation of new businesses and the decline of unproductive ones are often regarded key to business dynamism in OECD economies. Understanding business behaviour, creative destruction and identifying successful and failing businesses, as well as fostering entrepreneurship and innovation, have become increasingly important objectives for policy makers in many OECD economies in recent years. However, despite its growing importance, the study of business dynamics, and entrepreneurship more generally, is hampered by the lack of truly internationally comparable indicators. That is not for a lack of data however, as many statistical institutions and private agencies produce statistics in this domain, but because they lack comparability, are of questionable quality, or are not able to tackle all of the policy questions related to these issues, they can often generate confusion, giving mixed messages to policy makers. The framework of business demography indicators presented in this paper is an attempt to fill this gap by providing a mechanism by which more comparable indicators of business demography can be produced across OECD countries in particular, considering both what is practically achievable and
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  • 49
    Language: English
    Pages: 43 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.507
    Keywords: Economics ; Germany
    Abstract: Much scope remains to make regulation of product markets more conducive to competition ? notwithstanding progress in recent years ? with substantial benefits for consumer welfare, productivity and employment. While the general competition legislation and enforcement framework is mostly effective, measures need to be taken to reduce administrative burdens on entrepreneurship and reduce the involvement of the government in business sector activities, notably through accelerated privatisation. Policies favouring small enterprises need to be revised, with a view to fully exposing them to competition and avoiding disincentives for small firms to grow. Substantial regulatory challenges exist in specific sectors, notably in the energy and railway industries where non-discriminatory access of market entrants to networks needs to be improved. Environmental objectives in energy market regulation could be achieved at lower cost. In the telecommunications industry, competition in the local loop can be strengthened. Regulation of the liberal professions is among the most restrictive in the OECD. Entry barriers need to be eliminated in crafts. and restrictions on large-scale retailing development could be eased. This paper relates to the 2006 Economic Survey of Germany (www.oecd.org/eco/surveys/germany).
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  • 50
    Language: English
    Pages: 1 Online-Ressource (144 Seiten) , Diagramme
    Series Statement: OECD statistics working papers 2006, 4
    Keywords: Economics
    Abstract: Growing political and academic interest in entrepreneurship and business demography, and particularly the role and value of new businesses in national economies, is prompting various research projects on these topics. One of the main issues faced by researchers and policy makers is the current lack of international comparability of data on business start-up rates, which are often seen as key indicators of entrepreneurship and economic dynamism. This paper investigates this issue and concludes that current estimates are not typically comparable, for a number of reasons, which are presented in the form of a typology. On a more positive note however the paper notes that the basic data sources required to improve comparability exist and that significant progress can be made in this area in the short to medium term by encouraging the harmonisation of concepts.
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  • 51
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    Paris : OECD Publishing
    Language: English
    Pages: 33 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.512
    Keywords: Economics ; Germany
    Abstract: High levels of unemployment and rising social charges have lead to considerable pressure on labour markets to adjust. Major steps in labour market reform have been implemented over the last three years. These need to be followed up in several respects in order to raise the economy’s capacity to generate employment. The present tax and transfer system still implies significant disincentives for labour supply of older people and spouses, which should be eliminated. Unemployment related benefits and active labour market policies can be better geared toward activating the unemployed, while institutional reform of the Public Employment Service should continue. On the labour demand side, there remains scope to raise the efficiency of Germany's employment protection system. Also, provisions should be made to allow for a higher degree of wage flexibility across qualifications and regions to fight unemployment. Regulatory conditions in other parts of the economy interact in important ways with labour market performance, underlining the need for a broad based reform approach. This Working Paper relates to the 2006 OECD Economic Survey of Germany (www.oecd.org/eco/surveys/Germany).
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  • 52
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    Paris : OECD Publishing
    Language: English
    Pages: 64 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.524
    Keywords: Economics
    Abstract: Over the past 25 years inflation has moderated considerably in all OECD economies. At the same time, the production of many goods and services has become increasingly internationalised and the level of trade between the OECD and non-OECD economies has risen markedly. This paper investigates the extent to which the observed changes in the inflation process can be attributed to the increasing integration of non-OECD economies into the global economy. The results of the analysis show that i) import prices have become a more important driver of domestic consumer prices since the mid-1990s; ii) the sensitivity of inflation to domestic economic conditions has declined whereas the sensitivity to foreign economic conditions has risen, working through import prices; and iii) the strong GDP growth in the non-OECD economies over the past five years has contributed to the growth of real oil and metals prices. A scenario analysis shows that globalisation has put upward pressure on inflation via higher commodity prices and downward pressure via lower non-commodity import prices with the latter effect having dominated in most OECD economies.
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  • 53
    Language: English
    Pages: 41 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.481
    Keywords: Economics ; Norway
    Abstract: In recent years, a series of wide-ranging reforms designed to make greater use of market mechanisms has succeeded in eliminating shortages, raising efficiency and improving citizen satisfaction. Nevertheless, spending accelerated after the reforms, and per capita spending on health is now one of the highest in the OECD. Centralisation of hospital ownership may have increased political influence, encouraging spending that cannot be justified on cost-benefit grounds. Co-payments by patients are modest, and the background of swelling oil wealth may have sapped willingness to control costs. Diagnosis related group (DRG) procedures are arguably too well-remunerated in some areas, leading to supply-driven interventions, while their absence in others (e.g. psychiatry) may have resulted in sub-optimal supply. Generalist doctors have a gatekeeper role, but are said to over-refer patients to hospitals. Although cost controlling mechanisms exist in Norway, they are too often sidestepped by pressure by citizens on politicians to approve new drugs and treatments. Thus, future health reforms in Norway should concentrate on value for money. This paper relates to the 2005 OECD Economic Survey of Norway (www.oecd.org/eco/survey/norway).
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  • 54
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    Paris : OECD Publishing
    Language: English
    Pages: 45 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.487
    Keywords: Economics ; Switzerland
    Abstract: Despite some weakening in the 1990s, partly due to sluggish trend growth, the Swiss innovation performance has been very strong. There are, however, areas in which policy reforms could strengthen innovation further and help Switzerland maintain its lead in the face of a changing global environment. Boosting competition, simplifying administrative burdens and reforming the bankruptcy law would go a long way towards stimulating the innovativeness of small enterprises in sheltered services sectors, which becomes more crucial to sustaining high domestic innovation in a context where large firms are increasingly mobile. On the other hand,the growing knowledge economy and the increasing competition from emerging countries in skill-intensive activities press for further upgrading the vocational education system and increasing the efficiency of the university system. Regarding innovation-specific policies, budget spending priorities on education and research should be better protected and more resources devoted to bridge the gap between fundamental research and the market, especially through the activities of the Commission for Technology and Innovation. This Working Paper relates to the 2006 OECD Economic Survey of Switzerland (www.oecd.org/eco/surveys/switzerland).
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  • 55
    Language: English
    Pages: 22 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.483
    Keywords: Economics
    Abstract: This document forms a record of a workshop held on 16 January 2006, aimed at examining the mechanisms underlying cross-country convergence of per capita GDP, to what extent they operate in practice, and the implications for policies, including those requiring plausible long-term projections of economic growth by country or region. The workshop included presentations by leading academics and OECD staff from the Economics Department, the Directorates of the Environment, Science and Technology, and Statistics and the Development Centre. A list of the main participants, and links to their presentations, are given in an Annex. At the end of the workshop, a panel of senior policy advisers discussed the policy implications for OECD countries.
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  • 56
    Language: English
    Pages: 22 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.534
    Keywords: Economics ; Brazil
    Abstract: This paper reviews the main elements of social security reform in Brazil since 1998 and discusses areas where further policy action is yet to be taken to ensure the sustainability of the social-security system over time. Outlays on pensions paid to private-sector workers have risen as a result of population ageing and the increase in the value of the minimum wage in real terms, to which the minimum pension is linked. Some features of existing social protection programmes, including means-tested old-age and disability-related benefits, reduce the incentives facing workers to seek social security coverage. At the same time, an expansion of the base of contributions to social security has been constrained by widespread labour informality. Further reform will therefore need to focus on options for containing the rise in social security spending while tackling labour informality so as to broaden the base of contributions.
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  • 57
    Language: English
    Pages: 40 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.535
    Keywords: Schulden ; Privater Haushalt ; OECD-Staaten ; Economics
    Abstract: This paper reviews, for a number of OECD economies, macroeconomic developments in household balance sheets over the past two decades. The main findings show that the rise in household debt to historical levels has been driven by a combination of favourable financial conditions and buoyant housing markets. There have also been a number of supply-side innovations in credit markets that have eased the access to credit for lower income borrowers and reduced financial constraints for first-time homebuyers. Total household net wealth has risen and provided households with a financial cushion against a negative shock. That said, households in a number of countries have leveraged balance sheets and the sensitivity to house price and interest rate developments has likely increased. The paper then examines micro level information which suggests that most of the debt is held by households better able to manage it. In particular, the major part of debt is held by higher-income households, who also spend a smaller proportion of their disposable income servicing debts. Lower-income households, with less ability to service debt, do not hold that much and, as such, the spill over effects from this group to the rest of the economy are perhaps not large. Whether the situation remains benign or not is discussed in the final section of the paper. Estimates presented point to significant effects of changes in net wealth on household saving rates in a large number of the countries studied.
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  • 58
    Language: English
    Pages: 82 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.477
    Keywords: Economics
    Abstract: This paper proposes a comprehensive framework for projecting public heath and long-term care expenditures. Notably, it considers the impact of demographic and non-demographic effects for both health and long-term care. Compared with other studies, the paper extends the demographic drivers by incorporating death-related costs and the health status of the population. Concerning non-demographic drivers of health care, the projection method accounts for income elasticity and a residual effect of technology and relative prices. For long-term care, the effects of increased labour participation, reducing informal care, and wage inflation are taken into account. Using this integrated approach, public health and long-term care expenditure are projected for all OECD countries for the years 2025 and 2050. Alternative scenarios are simulated, in particular a 'cost-pressure' and 'cost-containment' scenario, together with sensitivity analysis. Depending on the scenarios, the total health and long-term care spending is projected to increase on average across OECD countries in the range of 3.5 to 6 percentage points of GDP for the period 2005-2050.
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  • 59
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    [Erscheinungsort nicht ermittelbar] : Taylor & Francis
    ISBN: 9780203965580 , 9780415299749 , 9781134423194 , 9781134423187 , 9781134423149
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Economics ; Economic theory & philosophy ; Economic history ; Business & management
    Abstract: Whether a theoretical system is realistic or not has been a concern in economics, particularly in monetary theory, over the past century. Following John R. Hicks’ proposal that a realistic monetary theory could be constructed along an evolutionary path, starting with the workings of a real market, this volume considers whether we can look to the medieval economy as the point of departure. Drawing upon the work of Aristotle, scholastic economists, Adam Smith, Karl Marx, William Stanley Jevons, Léon Walras and many modern monetary theorists, this intriguing book provides a critical analysis of some basic theories of monetary analysis. Concentrating primarily on certain fundamental building blocks it covers: the theory and mathematical properties of barter and monetary relations the distinction between barter and monetary relations and money and non-money commodities the concept of exchange as an equation, and the notion of the exchange relation as a relation of equality. This groundbreaking study dispels some of the old myths and conjectures concerning money and exchange and opens up the way for the development of new approaches, both realistic and evolutionary, of interest to researchers and students of the history of monetary theory and economic thought
    Note: English
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  • 60
    Online Resource
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    Canberra : ANU Press
    Language: English
    Pages: 1 Online-Ressource (390 p.)
    Keywords: Economics
    Abstract: Economic policy; Economic conditions; Industrialization; China
    Note: English
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  • 61
    ISSN: 1681-2328
    Language: English
    Pages: 35 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 11, p. 1-35
    Keywords: Agriculture and Food ; Economics
    Abstract: This paper is part of the OECD project on decoupling and follows the analytical framework defined in OECD (2001). The main objective is to estimate the importance of the dynamic investment effects of area payments using farm level data from the Italian FADN survey. It investigates the investment response by crop producers under the assumption that they are risk averse, and there is uncertainty concerning prices. A dynamic econometric model is estimated. Investment is defined as current expenditure on machinery and buildings for crop production. This paper uses the same data as OECD (2002) and makes estimations and simulations in a way that can be compared with the results obtained in that paper.
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  • 62
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 2, p. 1-93
    ISSN: 1681-2328
    Language: English
    Pages: 93 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 2, p. 1-93
    Keywords: Economics
    Abstract: Trade facilitation reforms in developing countries can have an important impact on development and poverty reduction. Reduced costs due to shortened border delays, streamlined food supply chains, longer agricultural supply seasons, enhanced government revenue, improved governance and increased foreign direct investment have all been shown to accompany trade facilitation reforms in developing countries. This Review of Technical Assistance and Capacity Building Initiatives for Trade Facilitation (“Review”) aims to strengthen the design, delivery and evaluation of development assistance programmes undertaken by donors in this important area of development cooperation. It provides an overview of past technical assistance and capacity building for trade facilitation and highlights key lessons learned.
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  • 63
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 3, p. 1-23
    ISSN: 1681-2328
    Language: English
    Pages: 24 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 3, p. 1-23
    Keywords: Nuclear Energy ; Economics
    Abstract: The purpose of this brochure is to provide an easily accessible synopsis of the report The Regulatory Control of Radioactive Waste Management – Overview of 15 NEA Member Countries in order to provide a quick introduction to regulatory systems and an overview of current systems in NEA member countries. To that effect Chapter 2 identifies the elements generally associated with the process of regulation, Chapter 3 provides a comparative analysis of the regulatory arrangements in radioactive waste management across 15 NEA member countries, and Chapter 4 draws general observations.This brochure covers the management of radioactive waste from all types of nuclear installations, such as power reactors, research reactors, nuclear fuel cycle facilities, etc, as well as from medical, research and industrial sources and from defence-related sources where appropriate. It presents the national situations during the first half of the year 2005 but does not address the regulatory control of radioactive waste from natural sources.
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  • 64
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 10, p. 1-28
    ISSN: 1681-2328
    Language: English
    Pages: 28 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 10, p. 1-28
    Keywords: Environment ; Economics
    Abstract: The main purpose of this workshop was to take the first steps in considering whether the general approaches which have been used in the past by the Working Group, primarily to address the safety/ risk assessment of transgenic plants, could be applicable to similar work on the safety/ risk assessment of transgenic fish.The objective of the workshop was to identify and review the kinds of (and availability of) baseline information of (non-transgenic) from traditional fish farming or breeding, and to determine what information might be relevant to risk/ safety assessment; and what information might be needed for the development of a biology document. The overall approach used by the Workshop was similar to that done to first identify and circumscribe the issues about crop species that would inform a risk/safety assessment of the same species after it had been transformed.
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  • 65
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    Paris : OECD Publishing
    In:  OECD papers Vol. 5, no. 11, p. 1-42
    ISSN: 1681-2328
    Language: English
    Pages: 42 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 11, p. 1-42
    Keywords: Agriculture and Food ; Economics
    Abstract: This paper is intended to clarify and facilitate discussion on areas that are an important part of the decoupling debate. This has been done using standard economic techniques and some illustrative examples.
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  • 66
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2005, no. 2, p. 213-247
    ISSN: 1995-2899
    Language: English
    Pages: 35 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2005, no. 2, p. 213-247
    Keywords: Economics ; Belgium
    Abstract: This paper aims to identify the Belgian business cycle and forecast GDP growth based on a large data base of short-term conjunctural indicators. The data base consists of 509 indicators containing information on surveys of Belgium and its neighbouring countries, macroeconomic variables and some worldwide watched indicators such as the US ISM and OECD confidence indicators. The statistical framework used is the One-Sided Generalized Dynamic Factor Model developed by Forni, Hallin, Lippi and Reichlin (2003). The model reduces the variables to their core business cycle information, defined as the part of variation of the variables common to the data set. Well-known indicators such as the EC economic sentiment indicator and the NBB overall synthetic curve contain a high amount of business cycle information. Furthermore, the richness of the model allows to determine the cyclical properties of the series and to forecast GDP growth all within the same unified setting. We classify the variables into leading, lagging and coincident with respect to a reference business cycle defined as the common variation contained in quarter-on-quarter GDP growth. 22% of the variables are found to be leading. Amongst the most leading variables we find asset prices and international confidence indicators such as the ISM and some OECD indicators. In general, national business confidence surveys are found to be coincident, while consumer confidence seems to lag. Although the model captures the dynamic common variation contained in the data set, forecasts based on that information are insufficient to deliver a good proxy for GDP growth given a non-negligible idiosyncratic part in GDP's variance. Lastly, we explore the dependence of the model's results on the data set and show through a data reduction process that the idiosyncratic part of GDP growth can be dramatically reduced. However, this does not improve the forecasts.
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  • 67
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    Paris : OECD Publishing
    In:  OECD papers Vol. 5, no. 10, p. 1-33
    ISSN: 1681-2328
    Language: English
    Pages: 33 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 10, p. 1-33
    Keywords: Economics
    Abstract: This paper attempts to go to the arguments and the methods for procurement control at the institutional design and legislative levels. It is based on, and uses in part, source material from the organizations referred to in the paper obtained from referenced web sites on the Internet. National procurement systems are cited where they provide concrete examples to address the concepts discussed. Also, papers and discussions from the OECD Global Forum on Governance held 29/30 November 2004 in Paris are also cited in the paper. This Forum brought together participants from OECD and non-member countries to discuss methods, conditions and approaches to preventing, detecting and sanctioning corruption in public procurement.
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  • 68
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 6, p. 1-36
    ISSN: 1681-2328
    Language: English
    Pages: 36 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 6, p. 1-36
    Keywords: Environment ; Economics
    Abstract: The purpose of this emission scenario document (ESD) is to provide a realistic worst-case emission scenario for chemicals used at non-integrated paper mills. The general information about the processes and chemicals used is derived from literature data and several reports from the European Union and the United States. The emission estimation methods given in this ESD are based on those developed by the Organization for Economic Cooperation and Development with parameter defaults reflecting Canadian operations. This ESD on Non-integrated Paper Mills was developed in 2004 along with two sister documents, an ESD on Kraft Pulp Mills, and an ESD on Recovered Paper Mills. Although they were designed as stand alone documents, by their nature they represent different phases of the life cycle of paper products. The ESD on Kraft Pulp Mills represents the production stage when pulp is first produced. This ESD on Nonintegrated Paper Mills is representative of the industrial phase of the life cycle, when the pulp is converted to paper and/or board products. The ESD on Recovered Paper Mills is illustrative of the recovery stage, when paper products are recovered, reworked and recycled back into the community.
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  • 69
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 1, p. 1-23
    ISSN: 1681-2328
    Language: English
    Pages: 23 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 1, p. 1-23
    Keywords: Economics
    Abstract: Humanitarian aid is a significant and growing dimension of Official Development Assistance (ODA). Meeting humanitarian needs caused by natural disasters or armed conflicts poses serious challenges for donors financing humanitarian action. Reforms to improve effectiveness and efficiency of humanitarian action are underway. The Principles and Good Practice of Humanitarian Donorship (GHD), endorsed in 2003 by 16 DAC governments and the European Commission, provides an opportunity for harmonising donor practice in this field. The DAC has agreed to take an active role in promoting GHD and since 2004, a GHD assessment framework has been applied in six Peer Reviews (Australia, Belgium, Germany, Norway, Sweden and Switzerland). This document summarises the findings and experience with the aim of assessing the usefulness of this approach.
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  • 70
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2005, no. 1, p. 111-125
    ISSN: 1995-2856
    Language: English
    Pages: 18 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2005, no. 1, p. 111-125
    Keywords: Economics
    Abstract: Between 2002 and early 2005 risk premia for a number of asset classes across broad geographical areas not only fell substantially but also tended to move more closely together than they had done historically. This raises the question to what extent this apparent reduced investor discrimination across asset classes went beyond what can be accounted for by market-specific developments. In particular, the reduced discrimination among asset classes could suggest that factors other than market- or country-specific events have played a role in narrowing risk premia.
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  • 71
    ISSN: 1681-2328
    Language: English
    Pages: 13 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 11, p. 1-13
    Keywords: Agriculture and Food ; Economics
    Abstract: All types of agricultural support measures are likely to have an impact on investment. This is particularly the case of the most coupled forms of support such as market price support. However, the dimension of the investment impacts may differ significantly across policy measures since they have different impacts on the farmer’s decision environment. For instance, they have different impact on effective incentive prices and different income transfer efficiency. Under these circumstances the investment effects can be very different, requiring a specific empirical analysis.
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  • 72
    ISSN: 1681-2328
    Language: English
    Pages: 90 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 12, p. 1-90
    Keywords: Economics
    Abstract: The notion of mutual accountability among development partners for their respective commitments, responsibilities, and performance in pursuit of shared goals was first recognised in the Monterrey Consensus. The Mutual Review of Development Effectiveness gives concrete expression to this notion. It was initiated by the NEPAD Heads of State and Government Implementation Committee (HSGIC) and developed by the ECA and OECD jointly over the period 2002-2004.
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  • 73
    ISSN: 1681-2328
    Language: English
    Pages: 87 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 10, p. 1-87
    Keywords: Environment ; Economics
    Abstract: This report presents numerous examples of the variety of tools for presenting and illustrating PRTR data and the types of uses of PRTR data in OECD member countries. It presents examples of uses for the purposes of the public, community groups, industry, the government, and academic and independent research institutions. The intent of this report is not to describe all of the many programmes, activities, and tools that use PRTR data, but to present examples in each category to illustrate the wide variety of current and evolving uses of such data.
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  • 74
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2005, no. 2, p. 277-305
    ISSN: 1995-2899
    Language: English
    Pages: 29 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2005, no. 2, p. 277-305
    Keywords: Economics
    Abstract: Insee's quarterly survey of investment in industry is a prime source of information concerning short-term evolutions in productive investment, making it possible to estimate these evolutions at an early stage and with considerable precision. However, the annual nature of the questions posed makes it is difficult to use the results for forecasting on a quarterly basis. This article proposes a quarterly indicator based on revisions in industrial firms? expectations regarding their investment. This indicator measures the adjustments to investment figures made during the year in response to changes of a short-term nature. It turns out to be closely correlated with quarterly evolutions in firms? investment as measured in the national accounts. Moreover, it is available roughly three months before the publication of the initial quarterly national accounts figures. As the distributions examined fail to verify the classic normality hypothesis (thick tails and heavy concentrations at zero) it is necessary toapply an estimation method that is robust to extreme revisions. Taking into account also the presence of heteroscedasticity, the method adopted was that known as "Quasi-Generalised M-Estimators".
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  • 75
    ISSN: 1681-2328
    Language: English
    Pages: 54 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 11, p. 1-4
    Keywords: Agriculture and Food ; Economics
    Abstract: The aim of the study is to measure the impact of the 1992 reform of the Common Agricultural Policy (CAP) on arable crop yields in the European Union (EU), and more specifically to quantify the impact that the introduction of compensatory area payments had on yields. The CAP reform in May 1992 consisted largely in reducing support prices and offsetting the ensuing loss of income with direct payments based on factors of production, i.e. acreage in the case of COP (cereal, oilseed and protein) crops.
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  • 76
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 1, p. 1-37
    ISSN: 1681-2328
    Language: English
    Pages: 37 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 1, p. 1-37
    Keywords: Economics
    Abstract: Capacity development is a major challenge. Technical Cooperation and various forms of capacity building have absorbed substantial funds over many decades. While a few countries have done well, donor efforts in many countries have produced little to show in terms of sustainable country capacity. This contrast between the importance of the challenge and the difficulty of meeting it is what stimulated the preparation of this paper. The paper draws on a large volume of documented experience provided by bilateral and multilateral donors and academic specialists. It is mainly concerned with capacity and performance in the public sector, but private sector experience is drawn on where relevant.
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  • 77
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    Paris : OECD Publishing
    In:  OECD papers Vol. 5, no. 11, p. 1-31
    ISSN: 1681-2328
    Language: English
    Pages: 31 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 11, p. 1-31
    Keywords: Agriculture and Food ; Economics
    Abstract: The purpose of this paper is to explore the notion of decoupling with a view to improving understanding among economists, policy makers and agricultural trade negotiators, all of whom use the term in their deliberations but often with quite different meanings. The approach taken is conceptual or theoretical - designed to improve understanding of the different ways in which agricultural policies affect production and trade.
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  • 78
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2005, no. 2, p. 185-212
    ISSN: 1995-2899
    Language: English
    Pages: 28 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2005, no. 2, p. 185-212
    Keywords: Economics ; Poland
    Abstract: Qualitative survey data on inflation expectations can be quantified with the use of probability or regression methods. This paper presents the results of probability methods implemented to estimate numerical measures of Polish consumer inflation expectations. Inflation expectations constitute a subject of particular interest to central banks, especially those pursuing a monetary policy based on a strategy of inflation targeting. One of commonly emphasised features of this strategy is that it has proved to be useful in anchoring inflation expectations. The paper proposes a manner in which the achievement of this goal may be assessed ex-post. It is argued that to make such an assessment it is not sufficient to examine changes in the level of inflation expectations relative to inflation target, but it is necessary to analyse in detail the formation of inflation expectations, in particular the degree to which requirements of rational expectations hypothesis, namely: unbiasedness and macroeconomic efficency, are fulfilled. The examination of consumer expectations in Poland leads to the conclusion that even if the adoption of inflation targeting in Poland in 1998 and the commitment of monetary authorities to reach price stability reflected in a fast disinflation process decreased the level of inflation expectations, it has not sufficiently increased their rationality yet. On the other hand, there appear some signs of consumer inflation expectations in Poland becoming slightly more forwardlooking in the most recent period.
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  • 79
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 5, p. 1-23
    ISSN: 1681-2328
    Language: English
    Pages: 23 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 5, p. 1-23
    Keywords: Nuclear Energy ; Economics
    Abstract: As the nuclear programmes in OECD countries have matured over the four decades of commercial nuclear power operation, this maturation has brought steady improvements in the operational safety of nuclear power plants. This improvement is demonstrated by several performance indicators, but most notably by the reduced frequency and severity of accident precursor events relative to the events of, say, ten to twenty years ago. One of the major reasons for this improved performance has been the extensive use of lessons from operating experience to backfit safety systems, improve operator training and emergency procedures, and to focus more attention on human factors, safety culture and nuclear quality management systems. Indeed, a prominent lesson from the TMI-2 accident in 1979 was the need for systematic evaluation of operating experience on an industry-wide basis, both by the nuclear industry, which has the greatest direct stake in safe operations, and by the nuclear regulator...
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  • 80
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 3, p. 1-120
    ISSN: 1681-2328
    Language: English
    Pages: 120 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 3, p. 1-120
    Keywords: Nuclear Energy ; Economics
    Abstract: This status report begins by providing a clear definition of partitioning and transmutation (P&T), and then describes the state of the art concerning the challenges facing the implementation of P&T, scenario studies and specific issues related to accelerator-driven system (ADS) dynamics and safety, long-lived fission product transmutation and the impact of nuclear data uncertainty on transmutation system design.
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  • 81
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 4, p. 1-79
    ISSN: 1681-2328
    Language: English
    Pages: 79 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 4, p. 1-79
    Keywords: Environment ; Economics
    Abstract: The preparation of the Resource Compendium is considered a first step in OECD’s Pollutant Release and Transfer Register (PRTR) release estimation techniques work. The Compendium consists of three separate documents, corresponding to the three main source categories – point sources, diffuse sources and transfers. This document is Part 1 of the Compendium, summarising techniques used for estimating point source releases from Member countries. (Part 2 describes techniques used for diffuse sources and Part 3 summarises techniques used to estimate the concentration of chemicals in transfers.) The principal objective in the development of the Resource Compendium was to collect information from OECD governments and selected industries on the techniques used (or are expected to be used) to estimate releases from point and diffuse sources and for transfers and to provide a summary of this information. Another objective of this project was to provide a listing of reports and other documentation describing the various methods being used in OECD countries to estimate releases to air, water, and land. This document is Part 1 of the Resource Compendium. It describes the types of techniques used to estimate releases from point sources and how they can be applied. To the extent possible, the names and contact information for individuals who can provide reports and documents about specific techniques available in their country were included. Information for this document was obtained through a survey of OECD countries.
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  • 82
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    Paris : OECD Publishing
    In:  OECD papers Vol. 5, no. 11, p. 1-33
    ISSN: 1681-2328
    Language: English
    Pages: 33 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 11, p. 1-33
    Keywords: Agriculture and Food ; Economics
    Abstract: This paper seeks to provide an empirical measure of the (absolute and relative) size of the relative price effect, the wealth effect and the insurance effect for a specific policy package: the arable crop regime of the Common Agricultural Policy (CAP) of the European Union (EU).
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  • 83
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2005, no. 1, p. 7-48
    ISSN: 1995-2856
    Language: English
    Pages: 44 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2005, no. 1, p. 7-48
    Keywords: Economics
    Abstract: Global intellectual property reform has been underway since the early 1990s (Box 1). With respect to international trade, a central pillar of the reform is the World Trade Organisation’s Agreement on Trade-Related Aspects of Intellectual Property Rights Agreement (TRIPS) that came into effect on 1 January 1995. Clearly, a strengthening of intellectual property laws worldwide can benefit those in industrialised nations who own most of the intellectual properties (e.g. copyrights on books, music, and software, patent rights on inventions, and trademark rights on business symbols and names).....
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  • 84
    ISSN: 1681-2328
    Language: English
    Pages: 19 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 2, p. 1-19
    Keywords: Economics
    Abstract: Market Exchange Rates (MER) balance the demand and supply for international currencies, while Purchasing Power Parity (PPP) exchange rates capture the differences between the cost of a given bundle of goods and services in different countries. When undertaking multi-country analysis of environmental issues (such as climate change) that includes different currencies, a decision has to be made as to whether to use PPP or MER in the analytical framework. The distinction between them is particularly germane in inter-temporal studies that postulate future scenarios. PPPs are generally favoured for their closer link to welfare, but MERS are necessarily the basis of international trade, so it is difficult to choose between them. Some authors have noted some empirical regularity between them and have sought to exploit this to avoid choosing between PPP and MER. In this paper, it is shown that such ad hoc adjustments are not necessary when structural changes are accounted for.
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  • 85
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 4, p. 1-107
    ISSN: 1681-2328
    Language: English
    Pages: 107 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 4, p. 1-107
    Keywords: Environment ; Economics
    Abstract: This is Part 2 of the Resource Compendium of Pollutant Release and Transfer Registers (PRTR) Release Estimation Techniques. It defines diffuse sources and discusses how diffuse source data are collected, describes the different types of techniques available for various diffuse sources and discusses how to identify or calculate the input data for the techniques. One final point raised in this document is that there are release data available in various emission inventories. However, most PRTR programmes have yet to integrate such data. (While a PRTR is not an emission inventory per se, these inventories provide examples on how releases from diffuse sources are included and calculated). In the future, countries may wish to look at the data sources available to determine whether such data can be integrated into annual PRTR reports.Part 2 of the Resource Compendium specifically addresses estimation techniques for releases from diffuse sources, provides guidance and information on what techniques are available and notes the locations of where this information might be found. While this document is not a comprehensive guide of all techniques available and all source categories, it does provide a wide range of information about techniques currently used in a large number of OECD countries.
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  • 86
    ISSN: 1681-2328
    Language: English
    Pages: 79 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 11, p. 1-79
    Keywords: Environment ; Economics
    Abstract: This case studies report is part of the OECD effort to develop guidance for regulatory applications of (Quantitative) Structure-Activity Relationship [(Q)SAR] models, and emphasizes the use of programme-specific case studies to highlight the importance of legal and practical constraints and information requirements of individual regulatory programmes within OECD member countries in applying (Q)SAR approaches. This report provides a snapshot of the experiences of OECD member countries with respect to the use of (Q)SAR models in chemical assessment. The document provides both current regulatory uses in OECD member countries as well as prospective regulatory applications -- especially those within the European Union (EU) member states as a result of proposed legislation on chemicals (i.e., Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH)). As such, the case studies report should be regarded as a living document which will be updated periodically as requested by member countries to describe the expanding role of (Q)SAR in regulatory settings...
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  • 87
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    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2005, no. 1, p. 127-165
    ISSN: 1995-2856
    Language: English
    Pages: 42 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2005, no. 1, p. 127-165
    Keywords: Economics
    Abstract: Some of the recent “hype” about how advances in technology are forging a “new economy” has evaporated. Interest in “dot.com” start-up companies in the US has waned with the decline in stock market valuations. Some of the more extravagant claims – in particular, that the “new economy” would see the end to recessions – have been tempered by the recent slowdown in the US economy.
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  • 88
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 3, p. 1-39
    ISSN: 1681-2328
    Language: English
    Pages: 40 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 3, p. 1-39
    Keywords: Economics
    Abstract: This report records the position of the WPDD on the safety of decommissioning and the task for providing a decommissioning safety case. Guidance is already available, both internationally and nationally [1,2,3] on the detailed technical, management and administrative requirements for the decommissioning of nuclear facilities. Such guidance tends currently to focus on radiological aspects, reflecting its development from the safety case for the operational phase. The decommissioning phase, however, introduces some wider issues, or at least a change of emphasis on existing issues, and it is against this background that the WPDD started to review the key points that need to be addressed specifically for decommissioning safety and to consider whether there is sufficient guidance for the increased level of decommissioning activity expected over the next decade or so.
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  • 89
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 6, p. 1-38
    ISSN: 1681-2328
    Language: English
    Pages: 38 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 6, p. 1-38
    Keywords: Economics
    Abstract: The purpose of this emission scenario document (ESD) is to provide a realistic worst-case emission scenario for chemicals used at kraft pulp mills. The general information about the processes and chemicals used is derived from literature data and several reports from the European Union and the United States. The emission estimation methods given in this ESD are based on those developed by the Organization for Economic Cooperation and Development with parameter defaults reflecting Canadian operations. This ESD for Kraft Pulp Mills was developed in 2004 along with two sister documents, an ESD on Non-integrated Paper Mills, and an ESD on Recovered Paper Mills. Although they were designed as stand alone documents, by their nature they represent different phases of the life cycle of paper products.
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  • 90
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 2, p. 1-23
    ISSN: 1681-2328
    Language: English
    Pages: 23 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 2, p. 1-23
    Keywords: Economics
    Abstract: This booklet is a practical guide for managers of joint evaluations of development assistance programmes. It is a revision and update, in view of new experiences, of the DAC publication Effective Practices in Conducting a Joint Multi-Donor Evaluation (2000). The omission of the words "Multi-Donor" from the new title reflects the momentum in development cooperation towards broader partnerships and, specifically, joint evaluations undertaken with the participation of non-donor agencies. The update is based on the findings and recommendations in a DAC Evaluation Network Working Paper prepared by consultant Horst Breier in 2005.2 It also draws on the outcomes of a workshop: "Joint Evaluations: Challenging the Conventional Wisdom - the View from Developing Country Partners" (Nairobi, 2005) and on inputs and feedback from members and partners of the Evaluation Network.
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  • 91
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2005, no. 2, p. 249-276
    ISSN: 1995-2899
    Language: English
    Pages: 28 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2005, no. 2, p. 249-276
    Keywords: Economics
    Abstract: Indicators of "trust", "confidence", "optimism" or "sentiment" among consumers and/or investors, are published continuously in the mass media. More importantly, these indices seem not only to reflect how the state of the real economy is perceived by private agents, but can also help predict the future course of the business cycle. Moreover, in econometric analyses they have even been found to "cause" business activity. In this paper, we intend to provide a theoretical foundation for how "pessimism" and "optimism", in conjunction with estimation errors committed by private agents and contagion effects, can drive the real economy. Furthermore, the model presented is capable of incorporating the revision of expectations of private agents through Bayesian updating and to create a fully endogenized business cycle of private consumption.
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  • 92
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 9, p. 1-137
    ISSN: 1681-2328
    Language: English
    Pages: 138 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 9, p. 1-137
    Keywords: Nuclear Energy ; Economics
    Abstract: This study resulted from a discussion at the June 2002 meeting of the OECD/NEA Nuclear Science Committee, at which it was first suggested to set up a project to address very high burn-ups (specifically average discharge burn-ups in the range 60-100 GWd/t). The outcome was the setting-up in 2003 of the Expert Group on Very High Burn-ups in LWRs, which was charged with the single task of delivering a state-of-the-art report on high burn-ups in LWRs. It was felt that the report should concentrate on LWRs because that is where the bulk of experience and knowledge resides, but much of the analysis will also be applicable to other reactor types, even if not all the details are transferable.
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  • 93
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 11, p. 1-78
    ISSN: 1681-2328
    Language: English
    Pages: 78 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 11, p. 1-78
    Keywords: Environment ; Economics
    Abstract: Many chemicals are used to produce hundreds of thousands of different goods, from cars and computers to synthetic fabrics, kitchen appliances and paints. Through green procurement (GP) it is possible to reduce risks that arise from the use of chemical products by encouraging the use of chemical products which have low impact on human health and the environment throughout their life cycle, and discouraging the use of chemical products with a high impact. However, given the large number and variety of available chemical products and the differing priorities of product users, it is challenging to compare and select products for green procurement...
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  • 94
    ISSN: 1681-2328
    Language: English
    Pages: 35 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 4, p. 1-35
    Keywords: Environment ; Economics
    Abstract: This document provides an overview of example transfers that contain chemicals of concern, the sources of those transfers, the chemicals included and management methods for these transfers. In particular, Chapter 5 describes release estimation techniques (RETs) that can be applied to estimate quantities of chemicals in transfers. A case study on oil refining is provided following the general description, including detailed descriptions of unit operations, identification of chemicals in waste/wastewater generated by industries, and calculations for determining the quantities of chemicals transferred off site.
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  • 95
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 3, p. 1-85
    ISSN: 1681-2328
    Language: English
    Pages: 88 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 3, p. 1-85
    Keywords: Nuclear Energy ; Economics
    Abstract: This report presents the VVER MOX Core Computational Benchmark Specification and Results, which was proposed as a benchmark within the OECD/NEA Expert Group on Reactor-based Plutonium Disposition (TFRPD). Benchmark results, obtained using three computer codes, are presented. The codes include: the MCU Monte Carlo code (Kurchatov Institute, Russian Federation), RADAR (Kurchatov Institute, Russian Federation), and the MCNP Monte Carlo code (GRS, Germany). The codes use different methods and different nuclear data. A comparison of the results shows good agreement among the various codes.
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  • 96
    ISSN: 1681-2328
    Language: English
    Pages: 38 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 5, no. 10, p. 1-38
    Keywords: Economics
    Abstract: This paper seeks to identify the way in which opportunities for corruption arise in the context of procurement. In looking at the government as a buyer, it considers the position of the procurement officer acting as agent on behalf of the elected government. Whilst the paper does not ignore the significant impact of corruption at the political level (either for the personal gain of politicians or for the benefit of political parties, for example), it concentrates on the opportunities this agency relationship offers to the procurement officer to deviate from his duty to act in the public interest. The paper investigates the divergence between the agent’s personal interest and that of the government and of the public and narrows down the opportunity for such deviations to the existence of informational asymmetries.
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  • 97
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    Paris : OECD Publishing
    In:  OECD journal: journal of business cycle measurement and analysis Vol. 2005, no. 3, p. 407-429
    ISSN: 1995-2899
    Language: English
    Pages: 23 p
    Titel der Quelle: OECD journal: journal of business cycle measurement and analysis
    Publ. der Quelle: Paris : OECD, 2008
    Angaben zur Quelle: Vol. 2005, no. 3, p. 407-429
    Keywords: Economics
    Abstract: The extraction of a common signal from a group of time series is generally obtained using variables recorded with the same frequency or transformed to have the same frequency (monthly, quarterly, etc.). The econometric literature has not paid a great deal of attention to this topic. In this paper we extend an approach based on the use of dummy variables to the well known trend plus cycle model, in a multivariate context, using both quarterly and monthly data. This procedure is applied to the Italian economy, using the variables suggested by an Italian Institution (ISAE) to provide a national dating, and compared with the equivalent multivariate and univariate approaches with monthly data. We note that the contemporaneous use of quarterly and monthly data provides results more consistent with the official ones with respect to the other approaches.
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  • 98
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 5, p. 1-43
    ISSN: 1681-2328
    Language: English
    Pages: 44 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 5, p. 1-43
    Keywords: Nuclear Energy ; Economics
    Abstract: The efficient and safe management of spent fuel produced during the operation of commercial nuclear power plants is an important issue. In this context, partitioning and transmutation (P&T) of minor actinides and long-lived fission products can play an important role, significantly reducing the burden on geological repositories of nuclear waste and allowing their more effective use. Various systems, including existing reactors, fast reactors and advanced systems have been considered to optimise the transmutation scheme. Recently, many countries have shown interest in accelerator-driven systems (ADS) due to their potential for transmutation of minor actinides. Much R&D work is still required in order to demonstrate their desired capability as a whole system, and the current analysis methods and nuclear data for minor actinide burners are not as well established as those for conventionally-fuelled systems...
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  • 99
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 10, p. 1-38
    ISSN: 1681-2328
    Language: English
    Pages: 38 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 10, p. 1-38
    Keywords: Environment ; Economics
    Abstract: The environmental safety/risks of transgenic organisms are normally based on the information on the characteristics of the host organism, the introduced traits, the environment into which the organism is introduced, the interaction between these, and the intended application. The OECD?s Working Group on Harmonisation of Regulatory Oversight in Biotechnology decided at its first session, in June 1995, to focus its work on identifying parts of this information, which could be commonly used in countries for environmental safety/risk assessment to encourage information sharing and prevent duplication of effort among countries. Biosafety Consensus Documents are one of the major outputs of its work. Biosafety Consensus Documents are intended to be a ?snapshot? of current information on a specific host organism or trait, for use during regulatory assessments. They are not intended to be a comprehensive source of information on everything that is known about a specific host or trait; but they do address the key or core set of issues that member countries believe are relevant to risk/safety assessment. This information is said to be mutually acceptable among member countries. To date, 24 Biosafety Consensus Documents have been published. They include documents which address the biology of crops, trees and microorganisms as well as those which address specific traits which are used in transgenic crops.
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  • 100
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    Paris : OECD Publishing
    In:  OECD papers Vol. 6, no. 5, p. 1-85
    ISSN: 1681-2328
    Language: English
    Pages: 88 p
    Titel der Quelle: OECD papers
    Publ. der Quelle: Paris : Organisation for Economic Cooperation and Development, 2001
    Angaben zur Quelle: Vol. 6, no. 5, p. 1-85
    Keywords: Economics
    Abstract: This report is a tribute to the people living in areas that, 20 years after still live with the effects of the Chernobyl disaster. It shares the experiences of radiation protection professionals who reached out to some of those impacted by the Chernobyl accident, engaging to assist them to become knowledgeable and active managers of their own radiation exposure while living in a radioactively contaminated environment. Active stakeholder involvement gave these residents the capability to participate in the decision-framing process to address their issues regarding the rehabilitation of their living conditions in the contaminated territories. This more inclusive approach to decision-framing and issue resolution allowed the affected residents to gain greater control over their future. The report also describes stakeholder involvement initiatives from Norway and the United Kingdom, as examples from countries further afield. In the conduct of ongoing reviews of existing nuclear and radiological emergency protocols and preparing for emerging threats it is important to consider and implement as appropriate the many lessons learnt from the Chernobyl accident...
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