Mark | Date Date | Title Title | |||
---|---|---|---|---|---|
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... |
|||
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... |
|||
No. 65 | 01 Feb 1989 |
A Post Mortem on OECD Short-term Projections from 1982 to 1987
This paper reviews the accuracy of OECD projections over the 1982-1987 period. It is shown that, although the evolution of the economic climate was correctly projected, projection errors for economic activity and inflation varied significantly both... |
|||
No. 64 | 01 Jan 1989 |
Revised Groupings for Non-OECD Countries in OECD's Macroeconomic Model INTERLINK
This paper provides details of the regrouping of non-OECD countries which has been carried out for the purposes of the forecasting and modelling work in the Department of Economics and Statistics. The new groups were used for the first time in OECD... |
|||
No. 63 | 01 Dec 1988 |
Modelling Housing Investment for Seven Major OECD Countries
This paper presents new housing equation estimates for the major seven countries in INTERLINK, the OECD world econometric model. Theoretical and empirical aspects of housing investment behaviour are discussed in a model context. Estimation results... |
|||
No. 62 | 01 Jan 1989 |
The Economic Dynamics of an Ageing Population
Demographic changes, such as those anticipated in most OECD countries, have many economic effects that impinge on a country's fiscal viability. Evaluation of the effects of associated changes in capital-labour ratios and the welfare and behaviour of... |
|||
No. 61 | 01 Jan 1989 |
Ageing Populations
Recent swings in fertility rates, combined with anticipated increases in life expectancy, are expected to result in a significant increase in the number and proportion of elderly persons in the first half of the next century. This "ageing" of OECD... |
|||
No. 60 | 01 Nov 1988 |
The OECD Compatible Trade and Production Data Base 1970-1985
The Compatible Trade and Production data base (COMTAP) consists of annual statistics on production, imports and exports of manufactured goods. The key feature of this data base is that both the production and trade statistics are classified according... |
|||
No. 59 | 01 Dec 1988 |
Souplesse de la production et inflation
This paper uses the OECD's economic model, INTERLINK, to examine the consequences of eliminating the U.S. federal government deficit. Such action could lead to either lower real interest rates, lower inflation rates or a smaller current account... |
|||
No. 58 | 01 Nov 1988 |
Empirical Research on Trade Liberalisation with Imperfect Competition
Orthodox trade theory rests on a number of unrealistic assumptions which include, among others, constant returns to scale in production and perfect competition in product and factor markets. This has led many commentators to express strong skepticism... |
|||
No. 57 | 01 Nov 1988 |
An International Sectoral Data Base for Thirteen OECD Countries
This paper describes an international sectoral data base, the ISDB, which has been created at the OECD as part of the continuing study of industrial structure and economic performance in OECD Member countries. This data base is one which relates... |
|||
No. 56 | 01 Nov 1988 |
On Aggregation Methods of Purchasing Power Parities
The development of purchasing power parities as converters of national accounts aggregates to comparable volume figures is important for international economic comparisons. This study is primarily concerned with the aggregation of price relativities... |
|||
No. 55 | 01 Jul 1988 |
Quantifying the Economy-Wide Effects of Agricultural Policies
This paper presents a progress report on the Economics and Statistics Department's applied general equilibrium model -- the WALRAS model. This model has been developed with the explicit objective of quantifying the economy-wide effects of... |
|||
No. 54 | 01 May 1988 |
Tests of Total Factor Productivity Measurement
Although considerable effort has been expended on constructing measures of total factor productivity, there has been little subsequent effort at verifying that the constructed data have the expected properties. This paper proposes a number of tests... |
|||
No. 53 | 01 Apr 1988 |
Alternative Solution Methods in Applied General Equilibrium Analysis
This paper discusses the relative strengths and weaknesses of alternative solution methods in applied general equilibrium (AGE) analysis. The particular focus is not on the technical properties of solution algorithms, but instead deals with the... |
|||
No. 52 | 01 Apr 1988 |
The So-Called "Non-Economic" Objectives of Agricultural Policy
Agricultural support costs OECD countries billions of dollars per year in lost income. It is frequently argued, however, that this is not waste, but is rather a fair price to pay for a number of "non-economic" objectives such as thriving rural... |
|||
No. 51 | 01 Apr 1988 |
The Effects of Monetary Policy on the Real Sector
The purpose of this study is to assess the current state of understanding about the effects of monetary policy, both at the conceptual level and in the light of the experience of the seven major OECD countries (the United States, Japan, Germany,... |
|||
No. 50 | 01 Jan 1988 |
Private Consumption, Inflation and the "Debt Neutrality Hypothesis"
This paper examines the empirical basis for the debt-neutrality hypothesis in an international cross-section of eight major OECD countries over the period 1961-85. The analysis uses a dynamic demand system for durable and non-durable goods derived... |
|||
No. 49 | 01 Feb 1988 |
Are Commodity Prices Leading Indicators of OECD Prices?
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... |
|||
No. 48 | 01 Dec 1987 |
The Medium-Term Macroeconomic Strategy Revisited
This paper discusses several aspects of the medium-term orientation of OECD countries' economic policies in the 1980s, concentrating on monetary and fiscal instruments. The developments that led to the adoption of such a "medium-term strategy", and... |
Documents de travail du Département des Affaires économiques de l'OCDE
English, French
- ISSN: 18151973 (online)
- https://doi.org/10.1787/18151973
1781 - 1800 of 1847 results
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...
A Post Mortem on OECD Short-term Projections from 1982 to 1987
B. Ballis
01 Feb 1989
This paper reviews the accuracy of OECD projections over the 1982-1987 period. It is shown that, although the evolution of the economic climate was correctly projected, projection errors for economic activity and inflation varied significantly both...
Revised Groupings for Non-OECD Countries in OECD's Macroeconomic Model INTERLINK
Paul O'Brien, Laure Meuro and Arthur Camilleri
01 Jan 1989
This paper provides details of the regrouping of non-OECD countries which has been carried out for the purposes of the forecasting and modelling work in the Department of Economics and Statistics. The new groups were used for the first time in OECD...
Modelling Housing Investment for Seven Major OECD Countries
Thomas Egebo and Ian Lienert
01 Dec 1988
This paper presents new housing equation estimates for the major seven countries in INTERLINK, the OECD world econometric model. Theoretical and empirical aspects of housing investment behaviour are discussed in a model context. Estimation results...
The Economic Dynamics of an Ageing Population
Alan J. Auerbach, Laurence J. Kotlikoff, Robert P. Hagemann and Giuseppe Nicoletti
01 Jan 1989
Demographic changes, such as those anticipated in most OECD countries, have many economic effects that impinge on a country's fiscal viability. Evaluation of the effects of associated changes in capital-labour ratios and the welfare and behaviour of...
Ageing Populations
Robert P. Hagemann and Giuseppe Nicoletti
01 Jan 1989
Recent swings in fertility rates, combined with anticipated increases in life expectancy, are expected to result in a significant increase in the number and proportion of elderly persons in the first half of the next century. This "ageing" of OECD...
The OECD Compatible Trade and Production Data Base 1970-1985
Claude Berthet-Bondet, Derek Blades and Annie Pin
01 Nov 1988
The Compatible Trade and Production data base (COMTAP) consists of annual statistics on production, imports and exports of manufactured goods. The key feature of this data base is that both the production and trade statistics are classified according...
Souplesse de la production et inflation
Richard Herd and B. Ballis
01 Dec 1988
This paper uses the OECD's economic model, INTERLINK, to examine the consequences of eliminating the U.S. federal government deficit. Such action could lead to either lower real interest rates, lower inflation rates or a smaller current account...
Empirical Research on Trade Liberalisation with Imperfect Competition
J. David Richardson
01 Nov 1988
Orthodox trade theory rests on a number of unrealistic assumptions which include, among others, constant returns to scale in production and perfect competition in product and factor markets. This has led many commentators to express strong skepticism...
An International Sectoral Data Base for Thirteen OECD Countries
F. J. M. Meyer-zu-Schlochtern
01 Nov 1988
This paper describes an international sectoral data base, the ISDB, which has been created at the OECD as part of the continuing study of industrial structure and economic performance in OECD Member countries. This data base is one which relates...
On Aggregation Methods of Purchasing Power Parities
J. R. Cuthbert and M. Cuthbert
01 Nov 1988
The development of purchasing power parities as converters of national accounts aggregates to comparable volume figures is important for international economic comparisons. This study is primarily concerned with the aggregation of price relativities...
Quantifying the Economy-Wide Effects of Agricultural Policies
Jean-Marc Burniaux, François Delorme, Ian Lienert, John P. Martin and Peter Hoeller
01 Jul 1988
This paper presents a progress report on the Economics and Statistics Department's applied general equilibrium model -- the WALRAS model. This model has been developed with the explicit objective of quantifying the economy-wide effects of...
Tests of Total Factor Productivity Measurement
A. Steven Englander
01 May 1988
Although considerable effort has been expended on constructing measures of total factor productivity, there has been little subsequent effort at verifying that the constructed data have the expected properties. This paper proposes a number of tests...
Alternative Solution Methods in Applied General Equilibrium Analysis
Richard G. Harris
01 Apr 1988
This paper discusses the relative strengths and weaknesses of alternative solution methods in applied general equilibrium (AGE) analysis. The particular focus is not on the technical properties of solution algorithms, but instead deals with the...
The So-Called "Non-Economic" Objectives of Agricultural Policy
L. Alan Winters
01 Apr 1988
Agricultural support costs OECD countries billions of dollars per year in lost income. It is frequently argued, however, that this is not waste, but is rather a fair price to pay for a number of "non-economic" objectives such as thriving rural...
The Effects of Monetary Policy on the Real Sector
Jean-Claude Chouraqui, Michael Driscoll and Marc-Olivier Strauss-Kahn
01 Apr 1988
The purpose of this study is to assess the current state of understanding about the effects of monetary policy, both at the conceptual level and in the light of the experience of the seven major OECD countries (the United States, Japan, Germany,...
Private Consumption, Inflation and the "Debt Neutrality Hypothesis"
Giuseppe Nicoletti
01 Jan 1988
This paper examines the empirical basis for the debt-neutrality hypothesis in an international cross-section of eight major OECD countries over the period 1961-85. The analysis uses a dynamic demand system for durable and non-durable goods derived...
Are Commodity Prices Leading Indicators of OECD Prices?
Martine Durand and Sveinbjörn Blöndal
01 Feb 1988
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...
The Medium-Term Macroeconomic Strategy Revisited
Jean-Claude Chouraqui, Kevin Clinton and Robert Bruce Montador
01 Dec 1987
This paper discusses several aspects of the medium-term orientation of OECD countries' economic policies in the 1980s, concentrating on monetary and fiscal instruments. The developments that led to the adoption of such a "medium-term strategy", and...