Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
  • Online Resource  (7)
  • 1985-1989  (7)
  • 1955-1959
  • Durand, Martine  (4)
  • Coe, David  (3)
  • Paris : OECD Publishing  (7)
  • Paris
  • 1
    Language: English
    Pages: 95 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.67
    Keywords: Economics
    Abstract: National saving ratios are generally lower now than in the 1960s or 1970s. This paper first reviews developments in national and international saving and investment trends in OECD countries since the 1960s. It then examines sectoral saving trends and considers the links between them. There are seen to be important offsets between government and private sector saving and, within the latter, between the business sector and households, so that national and private saving rates tend to be more stable than their component parts. The paper looks in particular at the reasons lying behind the volatile behaviour of household saving in certain countries in recent years ...
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 2
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 27 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.49
    Keywords: Economics
    Abstract: This paper examines the hypothesis that commodity price trends are useful indicators of OECD price developments. After a discussion of statistical techniques to assess the time series properties of individual price indices, integration and cointegration tests are conducted on a wide set of individual and aggregate commodity price indices and consumer price indices for the major seven OECD countries. The results of the analysis suggest that there is no clear evidence of any equilibrium relationship between levels of consumer and commodity prices. But relations between changes in a number of commodity prices such as metals and agricultural raw material prices and consumer prices may be established. The stability over time of such relationships is also tested ...
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 3
    Language: English
    Pages: 29 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.42
    Keywords: Economics
    Abstract: This paper gives an overview of the determination of non-oil commodity prices in the Economics and Statistics Department's INTERLINK world model. The practical problems which have been encountered, in particular in the context of full simulations are discussed. Based on a number of statistical tests, a new specification of the commodity price block is proposed. Indices of nominal commodity prices measured in dollars are estimated as functions of OECD economic activity and inflation, U.S. interest rates and oil prices. Compared to the previous system, the new equations are better behaved in a number of respects ...
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 4
    Language: English
    Pages: 55 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.45
    Keywords: Economics
    Abstract: This paper presents the specification of an investment-income model for 23 OECD countries and six non-OECD regions. The basic structure of the model -- an effective rate of return applied to the stock of foreign assets and liabilities -- is relatively simple and straightforward. A central distinction is made between dollar and non-dollar denominated foreign assets and liabilities and matrices giving estimates of the currency composition of these stocks are reported. Estimation and simulation results for the investment-income model are presented ...
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 5
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 85 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.29
    Keywords: Economics
    Abstract: This paper describes the method of calculation of competitiveness indicators and effective exchange rates that are published half-yearly by the Secretariat in the Economic Outlook. This calculation is based on a double-weighting principle: the procedure calculates the relative importance of different countries on each market according to the relative importance of these markets for the country in question. The calculations include the impact of the domestic producer in each market, i.e. a particular country is considered as a competitor to other exporters to its own market. On the other hand, in calculating the importance of each competitor to a given country the share of the country in question is excluded in every market, i.e. a country cannot compete with itself. Weighting matrices have been constructed for each year, starting in 1970, and have been used to define and compute relative indices of costs, prices and exchange rates ...
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 6
    Language: English
    Pages: 23 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.28
    Keywords: Economics
    Abstract: The bivariate relationship between real exchange rates and the real long-term interest rate differential has been investigated in a number of recent studies. By exchange-rate-equation standards, this specification does a relatively good job of tracking the historical movements in the dollar-Deutschemark and the dollar-yen bilateral exchange rates, and the dollar effective exchange rate; but does a poor job for the dollar-sterling rate. This paper extends the analysis to 18 OECD countries, in bilateral as well as effective terms. Results from earlier studies are confirmed, but in general the estimation results are sufficiently mixed to suggest that the absence of any risk premia variables may be an important omission ...
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 7
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 51 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.19
    Keywords: Economics
    Abstract: The importance of wages in the analysis and forecasting of macroeconomic developments needs no emphasis. Nominal wage inflation is a crucial component of price inflation, while real wages importantly influence the demand for labour and for other factors of production. More generally, the way in which nominal wages are set is an important determinant of whether or not there is any short- or longer-run trade off between inflation and employment. The way that wages evolve in the current situation of recovering output and profits, where inflation has declined and unemployment remains high, will be critical in determining whether there are pressures which might contribute to a resurgence of inflation. This paper analyses the historical determinants of nominal wages in ten OECD economies and considers the implications for future wage, and hence inflation, developments. The Phillips curve represents a dynamic adjustment process of nominal wages to equilibrium and disequilibrium phenomena ...
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
Close ⊗
This website uses cookies and the analysis tool Matomo. More information can be found here...