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  • 2005-2009  (26)
  • Price, Robert  (16)
  • Jamet, Stéphanie  (10)
  • Paris : OECD Publishing  (26)
  • Economics  (26)
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  • Paris : OECD Publishing  (26)
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  • 1
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    Improving public spending efficiency in primary and secondary education (2009)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2009, no. 1, p. 1-30
    Details
    ISSN: 1995-2856
    Sprache: Englisch
    Seiten: 30 p
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2009, no. 1, p. 1-30
    Schlagwort(e): Economics
    Kurzfassung: Influenced by the perceived link between higher levels of educational attainment and growth, the education sector has seen significant reform efforts in recent years in a number of countries. Public spending in this sector has increased on average by one-fifth in real terms over the past decade and growth in terms of spending per student has also been marked in many countries (Figure 1, upper panel); governments in the OECD area now spend on average around 3% of GDP on primary and secondary education. However, a close correspondence between the level of resources and educational outcomes is difficult to demonstrate empirically: cross-sectional evidence reveals only a weak correlation between national spending per student or teaching resources and mean pupil performance in standardised tests (Figure 1, lower panels). Extra resources devoted to education do not automatically lead to commensurate improvements in outcomes.
    DOI: 10.1787/eco_studies-v2009-art4-en
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  • 2
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    Co-Benefits of Climate Change Mitigation Policies : Literature Review and New Results (2009)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 47 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.693
    Schlagwort(e): Economics
    Kurzfassung: There are local air pollution benefits from pursuing greenhouse gases emissions mitigation policies, which lower the net costs of emission reductions and thereby may strengthen the incentives to participate in a global climate change mitigation agreement. The main purpose of this paper is to assess the extent to which local air pollution co-benefits can lower the cost of climate change mitigation policies in OECD and non-OECD countries and can offer economic incentives for developing countries to participate in a post- 2012 global agreement. The paper sets out an analytical framework to answer these questions. After a literature review on the estimates of the co-benefits, new estimates, which are obtained within a general equilibrium, dynamic, multi-regional framework, are presented. The main conclusion is that the co-benefits from climate change mitigation in terms of reduced outdoor local air pollution might cover a significant part of the cost of action. Nonetheless, they alone may not provide sufficient participation incentives to large developing countries. This is partly because direct local air pollution control policies appear to be typically cheaper than indirect action via greenhouse gases emissions mitigation.
    DOI: 10.1787/224388684356
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  • 3
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    Assessing the Impacts of Climate Change : A Literature Review (2009)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 39 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.691
    Schlagwort(e): Economics
    Kurzfassung: Climate change is expected to have significant implications for the world economy and, more broadly, for many areas of human activity. The purpose of this review is twofold. First, it is to summarise current estimates of the impacts of climate change and to explain how these estimates are built in order to identify the main sources of uncertainty and approximation affecting them. Second, the paper discusses how this uncertainty should influence policymaker?s decisions. A main conclusion of the review is that there are large uncertainties, which are not fully reflected in existing estimates of global impacts of climate change in monetary units. Nonetheless, despite these uncertainties, policy action may be justified, provided that policies are cost-effective, even if the marginal cost of GHG emissions mitigation exceeds the marginal damage of one additional ton of carbon. This is because two features of the impacts of climate change tilt the balance in favour of action: their irreversibility, and the risk that they are extreme.
    DOI: 10.1787/224864018517
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  • 4
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    The Economics of Climate Change Mitigation : How to Build the Necessary Global Action in a Cost-Effective Manner (2009)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 128 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.701
    Schlagwort(e): Economics
    Kurzfassung: This paper examines the cost of a range of national, regional and global mitigation policies and the corresponding incentives for countries to participate in ambitious international mitigation actions. The paper illustrates the scope for available instruments to strengthen these incentives and discusses ways to overcome barriers to the development of an international carbon price, based on the quantitative assessment from two global and sectorially-disaggregated CGE models. Key step towards the emergence of a single international carbon price will most likely involve the phasing out of subsidies of fossil fuel consumption and various forms of linking between regional carbon markets, ranging from direct linking of existing emission trading systems to more indirect forms through the use of sectoral crediting mechanisms. The paper discusses regulatory issues raised by the expansion of emission trading and crediting schemes as well as the complementary contribution of non-market based instruments such as the imposition of technical standards and R&D policies. Finally, the paper emphasises the important role of international transfers, not least to overcome the relatively strong economic incentives in some countries to free ride on other regions mitigation actions. While they can take various explicit or implicit forms, transfers made primarily through market mechanisms, for instance via the allocation of binding emission reduction commitments across countries, would be most cost-effective.
    DOI: 10.1787/224074334782
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  • 5
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    The Economics of Climate Change Mitigation : Policies and Options for the Future (2008)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 129 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.658
    Schlagwort(e): Economics
    Kurzfassung: Considering the costs and risks of inaction, ambitious action to reduce greenhouse gas emissions is economically rational. However, success in abating world emissions will ultimately require a least-cost set of policy instruments that is applied as widely as possible across all emission sources (countries, sectors and greenhouse gases). The main purpose of this paper is to explore feasible ways to meet these two basic requirements for successful future climate policies. Using a range of modelling frameworks, it analyses cost-effective policy mixes to reduce emissions, the implications of incomplete coverage of policies for the costs of mitigation action and carbon leakage, the role of technology-support policies in lowering future emissions and policy costs, as well as the incentives –and possible options to enhance them – for emitting countries to take action against climate change.
    DOI: 10.1787/228868001868
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  • 6
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    Monetary Policy, Market Excesses and Financial Turmoil (2008)
    Paris : OECD Publishing
    Details
    Sprache: Englisch
    Seiten: 17 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.597
    Schlagwort(e): Economics
    Kurzfassung: This paper addresses the question of whether and how monetary policy ease may lead to excesses in financial and real asset markets and ultimately result in financial dislocation. It presents evidence suggesting that periods when short-term interest rates have been persistently and significantly below what Taylor rules would prescribe are correlated with increases in asset prices, especially as regards housing, though no systematic effects are identified on equity markets. Significant asset price increases, however, can also occur when interest rates are in line with Taylor rules, associated with periods of financial deregulation and/or innovation. The paper argues that accommodating monetary policy over the period 2002-2005, in combination with rapid financial market innovation, would seem in retrospect to have been among the factors behind the run-up in asset prices and consequent financial imbalances -- the (partial) unwinding of which helped trigger the 2007 financial market turmoil. Moreover, the paper points out that in certain situations policy rates may be a rather blunt tool for dealing with both the build-up and aftermath of financial imbalances, raising the question whether “macro-prudential” regulation could be useful.
    DOI: 10.1787/244200148201
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  • 7
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    Have Long-term Financial Trends Changed the Transmission of Monetary Policy? (2008)
    Paris : OECD Publishing
    Details
    Sprache: Englisch
    Seiten: 38 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.634
    Schlagwort(e): Economics
    Kurzfassung: This paper addresses the question of whether and how long-term financial trends may have modified the transmission mechanism from monetary policy decisions to economic activity. The focus is on longterm changes, abstracting from the disruptions created by the 2007-08 financial turmoil which are temporarily affecting the transmission mechanism. The first series of findings is that a number of factors have worked to strengthen the transmission of monetary policy, including more competitive financial markets, higher household indebtedness, greater diversity in the supply of financial products, greater financial integration and more responsive asset pricing mechanisms. However, other factors appear to have simultaneously gone in the direction of weakening transmission of domestic policy, including greater external financial influences, lower exchange-rate pass-through and a broad-based shift towards fixed-rate assets and liabilities. On balance, monetary policy appears to remain a powerful tool for guiding aggregate demand, but a number of changes that have worked to support the strength of transmission have also increased risks to financial stability.
    DOI: 10.1787/238203348082
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  • 8
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    Accounting for One-off Operations when Assessing Underlying Fiscal Positions (2008)
    Paris : OECD Publishing
    Details
    Sprache: Englisch
    Seiten: 34 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.642
    Schlagwort(e): Economics
    Kurzfassung: Frequent recourse to large one-off operations in a number of OECD countries has undermined the accuracy of cyclically adjusted fiscal balances as a measure of both the sustainability of public finance and the fiscal stance. This paper first provides detailed information on the nature and amount of these one-offs for 9 OECD countries. The paper then presents a new indicator – the “underlying” fiscal balance – which effectively eliminates the impact of one-offs and cyclical developments. One-offs are derived as the deviations from trend in net capital transfers, i.e. from widely available national account data. This approach provides a consistent treatment of one-offs both across countries and over time, avoiding the potential information biases which could result from an individual identification of one-offs.
    DOI: 10.1787/236220765316
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  • 9
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    Strategies for Countries with Favourable Fiscal Positions (2008)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 35 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.655
    Schlagwort(e): Economics
    Kurzfassung: The financial crisis and economic downturn are going to weigh on fiscal positions in OECD countries over the short to medium-term, both through the operation of automatic stabilisers and the enactment of discretionary fiscal stimulus packages. However, the strategic policy options facing OECD countries are mainly determined by the soundness of their underlying fiscal positions which vary substantially. This paper first describes how OECD economies are situated with respect to underlying fiscal balances and net government debt. A number of countries seem to enjoy favourable fiscal positions with underlying fiscal surpluses, low government debt or even positive net financial asset positions. When taking account, as far as possible, of implicit liabilities associated with ageing populations and resource-based revenues, fiscal positions still vary greatly across countries. The paper then examines the criteria involved in deciding whether government financial asset accumulation is in excess of needs and the use to which any excess government saving might be put, whether increasing public spending or reducing taxes. Finally, the determinants of the optimal size of the government balance sheet for any given desired net debt position are discussed.
    DOI: 10.1787/230123832406
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  • 10
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    Combating Poverty and Social Exclusion in France (2007)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 46 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.569
    Paralleltitel: Parallelausg. Lutter contre la pauvreté et l'exclusion sociale en France
    Schlagwort(e): Economics ; France
    Kurzfassung: Reducing poverty and social exclusion is an important objective for all French governments. Even though conventionally measured poverty is in fact lower than in most other countries, it is still higher than can be easily accepted. The current policy approach involves a large number of measures tailored to different circumstances. Some policies have unwanted side effects on labour market performance, and their cost-effectiveness could be improved to obtain better outcomes with the same resources. Concentrations of poverty and social exclusion in certain geographic areas and among certain groups of the population provide one of the most difficult challenges, for which contributions from education, labour market, housing, urban planning and anti-discrimination policies, as well as from the social services, are necessary. This Working Paper relates to the 2007 OECD Economic Survey of France (www.oecd.org/eco/survey/france), and is also available in French under the title “Lutter contre la pauvreté et l’exclusion sociale en France”.
    DOI: 10.1787/132152357058
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  • 11
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    Public Spending Efficiency : Institutional Indicators in Primary and Secondary Education (2007)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 51 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.543
    Schlagwort(e): Economics
    Kurzfassung: This paper presents composite indicators of the institutional and policy characteristics of educational systems, collated from the questionnaire responses of 26 Member countries. These indicators provide an overview of the institutional framework in the primary and secondary education sector and are constructed so as to be used for the analysis of international differences in spending efficiency. The key features of the institutional setting in the non-tertiary education sector are grouped under three headings: i) the ability to prioritise and allocate resources efficiently (through decentralisation and mechanisms matching resources to specific needs); ii) the efficiency in managing spending at the local level (through outcome-focused policies and managerial autonomy), and iii) the efficiency in service provision (through benchmarking and user choice). For each country, an intermediate indicator is computed for each of these six institutional properties. Composite indicators then combine the six intermediate indicators of spending efficiency into a single, aggregate measure. Results are presented and some of their implications are discussed. Overall, the characteristics of the institutional framework in the non-tertiary public education sector seem to be very favourable, compared to OECD average, in the United Kingdom, Australia, Norway, Denmark and the Netherlands, whereas results are less favourable for the Czech Republic, Greece, Luxembourg, Japan, Turkey, Hungary, Belgium (French speaking community), Switzerland and Austria.
    DOI: 10.1787/315010655867
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  • 12
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    Faire face aux défis de la décentralisation en France (2007)
    Paris : OECD Publishing
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    Sprache: Französisch
    Seiten: 31 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.571
    Paralleltitel: Parallelausg. Meeting the Challenges of Decentralisation in France
    Schlagwort(e): Economics ; France
    Kurzfassung: En dépit de la réputation de la France, autrefois bien méritée, d’être un État très centralisé, un nombre significatif de compétences ont été transférées aux collectivités territoriales au cours des deux dernières décennies. Le processus n’a pas été simple. Le nombre excessivement élevé de communes de très petite taille rend difficile la réalisation d’économie d’échelle dans la mise en place des politiques et les mesures qui doivent y remédier n’ont, au mieux, réussi que partiellement. Les compétences sont souvent partagées entre les différents niveaux de gouvernement, mettant à mal la responsabilisation et l’État a souvent conservé un degré sans aucun doute trop élevé et inutile de prérogatives. Les principaux et difficiles défis consistent à réorganiser le système pour éviter les chevauchements de compétence et à améliorer la transparence et la responsabilisation des finances publiques locales. Ce document de travail est en rapport avec l’Étude économique sur la France de l’OCDE de l’année 2007 (www.oecd.org/eco/survey/france), et est également disponible en anglais, avec le titre “Meeting the challenges of decentralisation in France”.
    DOI: 10.1787/125763645442
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  • 13
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    Performance Indicators for Public Spending Efficiency in Primary and Secondary Education (2007)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 67 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.546
    Schlagwort(e): Economics
    Kurzfassung: This paper assesses the potential to raise public spending efficiency in the primary and secondary education sector. Resource availability per pupil has increased significantly over the past decade in a number of countries; often in attempting to exploit the link between educational attainment and growth. However, available evidence reveals only a weak correlation between increased resource availability and pupil performance. In order to draw cross-country comparisons...
    DOI: 10.1787/285006168603
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  • 14
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    Linkages Between Performance and Institutions in the Primary and Secondary Education Sector (2007)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 47 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.558
    Schlagwort(e): Economics
    Kurzfassung: The efficiency of schools diverges dramatically across countries in the OECD and can also vary markedly within countries. These differences in levels of efficiency can be traced to policy and institutional settings. As such, moving to best practice could boost educational attainment and reduce pressure on budgetary resources. This paper assesses empirically the relationship between institutional and policy settings and the efficiency of public spending on primary and secondary education across OECD countries. The analysis builds on two previous papers, which respectively developed OECD-area indicators of educational efficiency based on PISA score data and institutional indicators based on questionnaire responses. The results identify a number of institutional and policy settings that appear conducive to raising efficiency, as well as policies that appear to be detrimental to achieving higher levels of efficiency.
    DOI: 10.1787/170826717775
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  • 15
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    Meeting the Challenges of Decentralisation in France (2007)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 30 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.571
    Paralleltitel: Parallelausg. Faire face aux défis de la décentralisation en France
    Schlagwort(e): Economics ; France
    Kurzfassung: Despite France’s previously well-deserved reputation as a highly centralised state, a significant number of responsibilities have been devolved to regional and local government over the past two decades. The process has not been easy. The extremely large number of very small municipalities makes economies of scale in the implementation of policies hard to realise, and measures to overcome this have been at best only partially successful. Competence is often shared between levels of government, obscuring accountability, and the central government has often retained an arguably unnecessary degree of prerogatives. Reorganising the system to avoid overlapping responsibilities and improving transparency and accountability in local government finance provide some difficult challenges. This Working Paper relates to the 2007 OECD Economic Survey of France (www.oecd.org/eco/survey/france), and is also available in French under the title “Faire face aux défis de la décentralisation en France”.
    DOI: 10.1787/127050885680
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  • 16
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    Lutter contre la pauvreté et l'exclusion sociale en France (2007)
    Paris : OECD Publishing
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    Sprache: Französisch
    Seiten: 48 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.569
    Paralleltitel: Parallelausg. Combating Poverty and Social Exclusion in France
    Schlagwort(e): Economics ; France
    Kurzfassung: Réduire la pauvreté et l’exclusion sociale est un objectif essentiel de tous les gouvernements français. Même si la pauvreté, telle que mesurée conventionnellement, est en fait moins répandue que dans beaucoup d’autres pays, son ampleur est plus importante que ce qui peut être facilement accepté. L’approche des politiques actuelles consiste en un grand nombre de mesures façonnées pour des circonstances particulières. Certaines politiques ont des effets pervers sur la performance du marché du travail ; leur efficacité/coût pourrait donc être améliorée pour obtenir de meilleurs résultats avec les mêmes ressources. La concentration géographique et ethnique de la pauvreté et de l’exclusion sociale constitue l’un des défis les plus importants, qui ne peut être relevé qu’avec la contribution de l’éducation, du marché du travail, du logement, des politiques d’urbanisation et de lutte contre les discriminations ainsi que des services sociaux. Ce document de travail est en rapport avec l’Étude économique sur la France de l’OCDE de l’année 2007 (www.oecd.org/eco/survey/france), et est également disponible en anglais, avec le titre “Combating poverty and social exclusion in France”.
    DOI: 10.1787/128557272864
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  • 17
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    Factors Behind Low Long-Term Interest Rates (2006)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 47 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.490
    Schlagwort(e): Economics
    Kurzfassung: 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.
    DOI: 10.1787/761527811285
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  • 18
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    Interactions Between Monetary and Fiscal Policy : How Monetary Conditions Affect Fiscal Consolidation (2006)
    Paris : OECD Publishing
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    Sprache: Englisch
    Seiten: 45 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.521
    Schlagwort(e): Economics
    Kurzfassung: 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.
    DOI: 10.1787/414663503428
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  • 19
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    Améliorer la performance du marché du travail en France (2006)
    Paris : OECD Publishing
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    Sprache: Französisch
    Seiten: 57 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.504
    Paralleltitel: Parallelausg. Improving Labour Market Performance in France
    Schlagwort(e): Economics ; France
    Kurzfassung: Avec un chômage élevé, une participation faible de certains groupes comme les travailleurs peu qualifiés et les travailleurs âgés, et un nombre d'heures travaillées relativement bas, la France est loin d'utiliser pleinement son potentiel d'emploi. Une amélioration de la situation sur le marché du travail permettrait d'élever le niveau de vie et la croissance potentielle, mais aussi de réduire l'exclusion sociale et d'assouplir les pressions sur les dépenses publiques. Ce document étudie les différentes caractéristiques structurelles du marché du travail français qui peuvent expliquer la faible utilisation du potentiel d'emploi. Il met en évidence la nécessité d'une réforme globale du marché du travail visant à : i) déplacer le poids de la protection sociale qui pèse actuellement sur les entreprises en assouplissant et en rationalisant la législation sur la protection de l'emploi, ii) éliminer les incitations aux retraits prématurés du marché du travail, iii) donner aux employés et aux employeurs plus de liberté dans la négociation du temps de travail, iv) améliorer l'efficacité des services de placement vers l'emploi.
    DOI: 10.1787/878011313720
    URL: Volltext
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  • 20
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    Les règles budgétaires s'appliquant aux collectivités territoriales (2006)
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2005, no. 2, p. 153-197
    Details
    ISSN: 1684-3444
    Sprache: Französisch
    Seiten: 56 p
    Paralleltitel: Parallelausg. Sub-central government fiscal rules
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2005, no. 2, p. 153-197
    Schlagwort(e): Economics
    Kurzfassung: Les règles qui limitent les pouvoirs discrétionnaires des responsables des politiques budgétaires sont aujourd’hui courantes dans les économies de l’OCDE, et le rôle croissant que jouent les institutions décentralisées dans l’offre des services publics a entraîné leur généralisation à l’échelon territorial. Des règles bien conçues permettent de tirer des gains d’efficience de l’autonomie locale tout en facilitant l’assainissement budgétaire, en amortissant les chocs économiques et en répondant aux objectifs de viabilité à long terme des finances publiques, tâches d’autant plus urgentes que, selon les prévisions, les services rendus par les collectivités territoriales seront de plus en plus sollicités du fait du vieillissement de la population.
    DOI: 10.1787/eco_studies-v2005-art6-fr
    URL: Volltext
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  • 21
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    Sub-central government fiscal rules (2006)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2005, no. 2, p. 141-181
    Details
    ISSN: 1995-2856
    Sprache: Englisch
    Seiten: 51 p
    Paralleltitel: Parallelausg. Les règles budgétaires s'appliquant aux collectivités territoriales
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2005, no. 2, p. 141-181
    Schlagwort(e): Economics
    Kurzfassung: Rules constraining the discretionary powers of budget policymakers have become widespread among OECD economies, and the expanding role played by decentralised institutions in providing public services has led to their increasing adoption at the sub-central level.
    DOI: 10.1787/eco_studies-v2005-art13-en
    URL: Volltext
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  • 22
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    Improving Labour Market Performance in France (2006)
    Paris : OECD Publishing
    Details
    Sprache: Englisch
    Seiten: 50 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.504
    Paralleltitel: Parallelausg. Améliorer la performance du marché du travail en France
    Schlagwort(e): Economics ; France
    Kurzfassung: With high unemployment, low participation of specific groups such as the low-skilled and those nearing retirement age, and relatively low average hours worked, France is far from using its full labour potential. Improving the labour market situation would not only increase living standards and growth potential but also reduce social exclusion and ease pressures on public spending. This paper analyses various characteristics of the French labour market that may explain the low utilisation of labour potential. It puts forward the need for a comprehensive reform of the labour market aiming at: i) shifting the burden of social protection in the labour market away from employers towards the state by reducing and streamlining employment protection legislation; ii) removing incentives that lead to early withdrawal from the labour market; iii) allowing employers and employees more freedom to negotiate working hours; and iv) improving efficiency in job placement services.
    DOI: 10.1787/877354041783
    URL: Volltext
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  • 23
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    Améliorer le rapport coût-efficacité des dépenses publiques : L'expérience des pays de l'OCDE (2005)
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2003, no. 2, p. 125-184
    Details
    ISSN: 1684-3444
    Sprache: Französisch
    Seiten: 70 p
    Paralleltitel: Parallelausg. Enhancing the Cost Effectiveness of Public Spending: Experience in OECD Countries
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2003, no. 2, p. 125-184
    Schlagwort(e): Economics
    Kurzfassung: Les dépenses publiques en proportion du PIB ont augmenté régulièrement dans la zone OCDE jusqu’au milieu des années 90, mais cette tendance s’est atténuée depuis. L’augmentation des dépenses résultant du développement continu des programmes sociaux a été en partie compensée par des facteurs temporaires ou ponctuels. Cependant, il est probable que les pressions sur les dépenses publiques vont s’intensifier, notamment sous l’effet du vieillissement des populations. Bien que les dépenses publiques aient un rôle à jouer dans la poursuite des grands objectifs...
    DOI: 10.1787/eco_studies-v2003-art10-fr
    URL: Volltext
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  • 24
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    Fiscal Rules for Sub-central Governments : Design and Impact (2005)
    Paris : OECD Publishing
    Details
    Sprache: Englisch
    Seiten: 77 p. , 21 x 29.7cm
    Serie: OECD Economics Department Working Papers no.465
    Schlagwort(e): Economics
    Kurzfassung: Against a background of mounting demands for spending on services provided by sub-central governments, this paper examines how fiscal rules can help to ensure that pressure on resources is minimised and available resources are used efficiently. Drawing on questionnaire responses and other sources, this paper gives a detailed picture of fiscal rules for sub-central governments in place among a number of OECD countries. The paper examines the rationales for using fiscal rules, the various impacts fiscal rules can have, the factors making for effective implementation and the interactions between the various types of rule. It then constructs a number of synthetic sub-indicators designed to assess the extent to which sub-central government fiscal frameworks exhibit favourable characteristics for the achievement of fiscal objectives. It concludes with the construction of a composite indicator based on the combined impacts in the different areas of fiscal policy.
    DOI: 10.1787/606015633336
    URL: Volltext
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  • 25
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    The Contribution of Housing Markets to Cyclical Resilience (2005)
    Paris : OECD Publishing
    In:  OECD journal: economic studies Vol. 2004, no. 1, p. 125-156
    Details
    ISSN: 1995-2856
    Sprache: Englisch
    Seiten: 44 p
    Paralleltitel: Parallelausg. La contribution des marchés du logement à la résilience économique
    Titel der Quelle: OECD journal: economic studies
    Publ. der Quelle: Paris : Organisation for Economic Cooperation & Development, 2008
    Angaben zur Quelle: Vol. 2004, no. 1, p. 125-156
    Schlagwort(e): Economics
    Kurzfassung: This paper examines the linkages between housing markets and the business cycle in OECD countries, focusing on how differences in the degree of resilience to economic shocks can be affected by the structural characteristics of housing and mortgage markets. The paper focuses specifically on: the transmission channel from housing wealth to consumption and on the factors behind house price variability, which help to determine whether the housing sector plays a stabilising role or not.
    DOI: 10.1787/eco_studies-v2004-art6-en
    URL: Volltext
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  • 26
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    La contribution des marchés du logement à la résilience économique (2005)
    Paris : OECD Publishing
    In:  Revue économique de l'OCDE Vol. 2004, no. 1, p. 139-173
    Details
    ISSN: 1684-3444
    Sprache: Französisch
    Seiten: 48 p
    Paralleltitel: Parallelausg. The Contribution of Housing Markets to Cyclical Resilience
    Titel der Quelle: Revue économique de l'OCDE
    Publ. der Quelle: Paris : OCDE, 1998
    Angaben zur Quelle: Vol. 2004, no. 1, p. 139-173
    Schlagwort(e): Economics
    Kurzfassung: Les pays de l’OCDE ont témoigné de degrés variables de résilience économique au cours de la récente récession conjoncturelle, certains ayant négocié et surmonté mieux que d’autres une série de chocs communs. Dans une certaine mesure, les différences de résilience économique semblent liées à la performance des marchés du logement. En particulier, le dynamisme des prix immobiliers dans certains pays parait avoir dopé la consommation privée et la construction résidentielle et, par là même, contribué à compenser les faiblesses existantes dans d’autres secteurs. On constate que le cadre institutionnel des marchés du logement et des marchés hypothécaires détermine dans une large mesure non seulement l’efficience économique d’ensemble et les revenus réels, mais aussi la propagation des chocs et...
    DOI: 10.1787/eco_studies-v2004-art6-fr
    URL: Volltext
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