Mark | Date Date | Title Title | |||
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No. 85 | 01 Oct 1990 |
Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules
This paper reviews the influence of a variety of different monetary rules for the G3 economies on the comparative simulation properties of a recent version of the OECD INTERLINK model. The simulated shocks are typically of a "global" nature, with the... |
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No. 84 | 01 Aug 1990 |
Walras - A Multi-Sector, Multi-Country Applied General Equilibrium Model for Quantifying the Economy-Wide Effects of Agricultural Policies
This paper presents a technical description of the OECD's multi-sector, multi-country applied general equilibrium model -- the WALRAS model. This model has been developed with the explicit objective of quantifying the economy-wide effects of... |
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No. 83 | 01 Jul 1990 |
Exchange Rate Policy in Advanced Commodity-Exporting Countries
The paper examines the desirability of exchange rate management in a commodity-exporting country, in which the terms of trade are driven by the world commodity price cycle. When the authorities are assumed to pursue an inflation objective, the... |
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No. 82 | 01 Jul 1990 |
Economics and the Environment
Concerns over the pace, scope and causes of environmental degradation have led to a renewed interest in the way environmental and economic policies interact. This paper first reviews the main causes for excessive use of environmental resources in a... |
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No. 81 | 01 Mar 1991 |
Financial Liberalisation and Consumption Behaviour
The paper addresses the question of whether financial liberalisation and innovation has significantly altered consumption behaviour by reducing liquidity constraints as capital markets become more flexible. A consumption model in which the permanent... |
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No. 80 | 01 Apr 1990 |
Fiscal Indicators
This paper is one of three in this Working Paper Series, along with those by Chouraqui et al. and Blanchard, in which the assessment of fiscal policy is reconsidered. It reviews the question of what type of budget indicators the OECD should compile.... |
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No. 79 | 01 Apr 1990 |
Suggestions for a New Set of Fiscal Indicators
There are four sets of questions that fiscal indicators can help answer: (1) Of the changes in the fiscal position, what part is due to changes in the economic environment and what part is due to policy? (2) Can the current course of fiscal policy be... |
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No. 78 | 01 Apr 1990 |
Indicators of Fiscal Policy
During the past decade, the formulation of fiscal policy has been increasingly founded on medium-term considerations associated with public debt and economic efficiency. In this regard, this paper, and the ones by Olivier Blanchard and Edward... |
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No. 77 | 01 Apr 1990 |
Monetary Policy in the Wake of Financial Liberalisation
The paper examines evidence concerning the impact of financial liberalisation and innovation on monetary policy. The indicator value of monetary aggregates and the role of liquidity constraints in the transmission mechanism affecting aggregate demand... |
|||
No. 76 | 01 Feb 1990 |
The Dollar Position of the Non-U.S. Private Sector, Portfolio Effects, and the Exchange Rate of the Dollar
This paper measures the net dollar position of the non-U.S. private sector and a few other international positions -- notably the net foreign-currency position of the U.S. private sector. These currency positions provide the basis for a discussion of... |
|||
No. 75 | 01 Feb 1990 |
Measuring Industrial Subsidies
Industrial subsidies should ideally be measured in ways that permit comparisons across subsidy instruments and countries, and that facilitate subsequent economic analysis of the effects of subsidisation. This paper deals with a number of conceptual... |
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No. 74 | 01 Jan 1990 |
Industrial Subsidies in the OECD Economies
Subsidisation of industrial activities distorts the allocation of scarce resources, is a burden on government finances and generates friction in international trade. This paper draws on a wide range of data sources to examine industrial subsidisation... |
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No. 73 | 01 Jan 1990 |
The Saving Behaviour of Japanese Households
This paper surveys Japanese saving behaviour, whose rate is one of the highest among OECD countries. Macroeconomic factors such as rates of economic growth and inflation may have been important in explaining the high saving rate in the past and the... |
|||
No. 72 | 01 Jan 1990 |
The Role of Indicators in Structural Surveillance
This paper examines the role of structural indicators in the process of multilateral surveillance of structural policies. An analytical framework is suggested that is based on welfare economics and which focuses on efficiency considerations.... |
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No. 71 | 01 Oct 1989 |
Modelling Business Sector Supply for the Smaller OECD Countries
This paper presents business sector supply blocks for thirteen smaller OECD economies. The starting point is the approach adopted by the Economics and Statistics Department for the major economies. The structure of the supply blocks is explained and... |
|||
No. 70 | 01 Sept 1989 |
On the Sequencing of Structural Reforms
Both OECD and developing economies have embarked on structural reforms aimed at dismantling regulations and reducing the extent of distortions affecting different sectors of their economies. Regardless of the marked differences, both groups have to... |
|||
No. 69 | 01 Sept 1989 |
The Information Content of the Term Structure of Interest Rates
The paper is devoted to an empirical examination of the information content in the term structure of nominal interest rates for future inflation. Tests of the ability of the term structure to forecast future changes in the inflation rate are carried... |
|||
No. 68 | 01 Jun 1989 |
The Impact of Increased Government Saving on the Economy
An increase in long-term economic growth requires higher investment in the OECD economies if it is to be achieved, otherwise faster growth will generate unsustainable pressure on resources. Higher investment can only occur if there is higher saving... |
|||
No. 67 | 01 Jun 1989 |
Saving Trends and Behaviour in OECD Countries
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... |
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No. 66 | 01 May 1989 |
Potential Output in the Seven Major OECD Countries
This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which... |
OECD Economics Department Working Papers
The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.
English, French
- ISSN: 18151973 (online)
- https://doi.org/10.1787/18151973
1761 - 1780 of 1845 results
Simulating the OECD INTERLINK Model under Alternative Monetary Policy Rules
Pete Richardson
01 Oct 1990
This paper reviews the influence of a variety of different monetary rules for the G3 economies on the comparative simulation properties of a recent version of the OECD INTERLINK model. The simulated shocks are typically of a "global" nature, with the...
Walras - A Multi-Sector, Multi-Country Applied General Equilibrium Model for Quantifying the Economy-Wide Effects of Agricultural Policies
Jean-Marc Burniaux, François Delorme, Ian Lienert and John P. Martin
01 Aug 1990
This paper presents a technical description of the OECD's multi-sector, multi-country applied general equilibrium model -- the WALRAS model. This model has been developed with the explicit objective of quantifying the economy-wide effects of...
Exchange Rate Policy in Advanced Commodity-Exporting Countries
Adrian Blundell-Wignall and Robert G. Gregory
01 Jul 1990
The paper examines the desirability of exchange rate management in a commodity-exporting country, in which the terms of trade are driven by the world commodity price cycle. When the authorities are assumed to pursue an inflation objective, the...
Economics and the Environment
Jon Nicolaisen and Peter Hoeller
01 Jul 1990
Concerns over the pace, scope and causes of environmental degradation have led to a renewed interest in the way environmental and economic policies interact. This paper first reviews the main causes for excessive use of environmental resources in a...
Financial Liberalisation and Consumption Behaviour
Adrian Blundell-Wignall, Frank Browne and Stefano Cavaglia
01 Mar 1991
The paper addresses the question of whether financial liberalisation and innovation has significantly altered consumption behaviour by reducing liquidity constraints as capital markets become more flexible. A consumption model in which the permanent...
Fiscal Indicators
Edward M. Gramlich
01 Apr 1990
This paper is one of three in this Working Paper Series, along with those by Chouraqui et al. and Blanchard, in which the assessment of fiscal policy is reconsidered. It reviews the question of what type of budget indicators the OECD should compile....
Suggestions for a New Set of Fiscal Indicators
Olivier Jean Blanchard
01 Apr 1990
There are four sets of questions that fiscal indicators can help answer: (1) Of the changes in the fiscal position, what part is due to changes in the economic environment and what part is due to policy? (2) Can the current course of fiscal policy be...
Indicators of Fiscal Policy
Jean-Claude Chouraqui, Robert P. Hagemann and Nicola Sartor
01 Apr 1990
During the past decade, the formulation of fiscal policy has been increasingly founded on medium-term considerations associated with public debt and economic efficiency. In this regard, this paper, and the ones by Olivier Blanchard and Edward...
Monetary Policy in the Wake of Financial Liberalisation
Adrian Blundell-Wignall, Frank Browne and Paolo Manasse
01 Apr 1990
The paper examines evidence concerning the impact of financial liberalisation and innovation on monetary policy. The indicator value of monetary aggregates and the role of liquidity constraints in the transmission mechanism affecting aggregate demand...
The Dollar Position of the Non-U.S. Private Sector, Portfolio Effects, and the Exchange Rate of the Dollar
Bixio Barenco
01 Feb 1990
This paper measures the net dollar position of the non-U.S. private sector and a few other international positions -- notably the net foreign-currency position of the U.S. private sector. These currency positions provide the basis for a discussion of...
Measuring Industrial Subsidies
Neil Bruce
01 Feb 1990
Industrial subsidies should ideally be measured in ways that permit comparisons across subsidy instruments and countries, and that facilitate subsequent economic analysis of the effects of subsidisation. This paper deals with a number of conceptual...
Industrial Subsidies in the OECD Economies
Robert Ford and Wim Suyker
01 Jan 1990
Subsidisation of industrial activities distorts the allocation of scarce resources, is a burden on government finances and generates friction in international trade. This paper draws on a wide range of data sources to examine industrial subsidisation...
The Saving Behaviour of Japanese Households
Kenichi Kawasaki
01 Jan 1990
This paper surveys Japanese saving behaviour, whose rate is one of the highest among OECD countries. Macroeconomic factors such as rates of economic growth and inflation may have been important in explaining the high saving rate in the past and the...
The Role of Indicators in Structural Surveillance
OECD
01 Jan 1990
This paper examines the role of structural indicators in the process of multilateral surveillance of structural policies. An analytical framework is suggested that is based on welfare economics and which focuses on efficiency considerations....
Modelling Business Sector Supply for the Smaller OECD Countries
Raymond Torres, Peter Jarrett and Wim Suyker
01 Oct 1989
This paper presents business sector supply blocks for thirteen smaller OECD economies. The starting point is the approach adopted by the Economics and Statistics Department for the major economies. The structure of the supply blocks is explained and...
On the Sequencing of Structural Reforms
Sebastian Edwards
01 Sept 1989
Both OECD and developing economies have embarked on structural reforms aimed at dismantling regulations and reducing the extent of distortions affecting different sectors of their economies. Regardless of the marked differences, both groups have to...
The Information Content of the Term Structure of Interest Rates
Frank Browne and Paolo Manasse
01 Sept 1989
The paper is devoted to an empirical examination of the information content in the term structure of nominal interest rates for future inflation. Tests of the ability of the term structure to forecast future changes in the inflation rate are carried...
The Impact of Increased Government Saving on the Economy
Richard Herd
01 Jun 1989
An increase in long-term economic growth requires higher investment in the OECD economies if it is to be achieved, otherwise faster growth will generate unsustainable pressure on resources. Higher investment can only occur if there is higher saving...
Saving Trends and Behaviour in OECD Countries
Andrew Dean, Martine Durand, John Fallon and Peter Hoeller
01 Jun 1989
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...
Potential Output in the Seven Major OECD Countries
Raymond Torres and John P. Martin
01 May 1989
This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which...