Sélectionner | Date Date | Titre Titre | |||
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No. 47 | 01 Jul 1987 |
A Review of the Simulation Properties of OECD's INTERLINK Model
This paper reviews the simulation properties of a recent version of the OECD Secretariat's international macroeconomic model, INTERLINK, a version which embodies much of the empirical work reported in recent Working Papers and summarised in a... |
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No. 46 | 01 Jun 1987 |
Recent Developments in OECD's International Macroeconomic Model
This paper summarizes recent empirical studies contributing towards the OECD Secretariat INTERLINK world macroeconomic model. For a number of topics, it reviews work which is described in more detail in recent Economics and Statistics Department... |
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No. 45 | 01 Jun 1987 |
International Investment-Income Determination in INTERLINK
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... |
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No. 44 | 01 Jul 1987 |
Price Determination in the Major Seven Country Models in INTERLINK
This paper presents new domestic price blocks for the major seven economies in INTERLINK, the Economics and Statistics Department's world econometric model. Theoretical, statistical and practical aspects of new behavioural price equations are... |
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No. 43 | 01 Jun 1987 |
Import and Export Price Equations for Manufactures
This paper presents a new system for the consistent determination of import and export prices of manufactured products for use in the world trade block of the OECD INTERLINK model. It uses a system design which directly couples the bilateral... |
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No. 42 | 01 Jun 1987 |
OECD Economic Activity and Non-Oil Commodity Prices
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... |
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No. 41 | 01 Apr 1987 |
A Revised Supply Block for the Major Seven Countries in INTERLINK
While the philosophy behind the supply block has not changed since its initial version, each of the block's behavioural equations as well as the parameters of the production functions have been substantially modified. These modifications have been... |
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No. 40 | 01 Aug 1987 |
Tax Reform in OECD Countries
This paper examines the question of tax reform in OECD countries. First, the reasons for tax reform are reviewed. These include economic efficiency arguments as well as concerns about equity which are often a major consideration. Next, the paper... |
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No. 39 | 01 Feb 1987 |
Monetary Policy in the Second Half of the 1980s
This paper discusses how monetary policy might assist macroeconomic performance in the second half of the 1980s in the G-10 countries, without compromising the medium-term objective of price stability. From this perspective, the recent stance of... |
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No. 38 | 01 Feb 1987 |
Tracking the U.S. External Deficit, 1980-1985
This paper provides an analysis of the recent evolution of the U.S. current account external deficit in the context of the OECD Secretariat world model, INTERLINK. It seeks to assess to what extent developments in the U.S. current balance since 1980... |
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No. 37 | 01 Nov 1986 |
Internationalisation of Financial Markets
This paper analyses the effects of the internationalisation of financial markets on the conduct of macroeconomic policy and the allocation of capital. It first examines the increased integration between domestic and external (or "Euro") financial... |
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No. 36 | 01 Sept 1986 |
The Government Household Transfer Data Base 1960-1984
The Government Household Transfer data base (GHT) consists of annual statistics on social security and welfare transfers to households from government, covering the period 1960-84. Social security benefits are classified by subfunction according to... |
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No. 35 | 01 Jul 1986 |
Wealth and Inflation Effects in the Aggregate Consumption Function
This paper examines some alternative specifications of the aggregate consumption function for eight OECD countries. Wealth effects are potentially important as determinants of consumption and as a transmission channel from monetary influences to real... |
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No. 34 | 01 Apr 1986 |
Pure Profit Rates and Tobin's q in Nine OECD Countries
This paper extends a previous study of profit trends to consider valuation ratios (Tobin's q) in nine countries. Tobin's q embodies market expectations and is an indicator of expected pure profit rates on the existing capital stock. Since 1982,... |
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No. 33 | 01 Mar 1986 |
Mécanismes de transmission et effets macro-économiques de la politique monétaire en France
This paper considers the main transmission channels and macroeconomic effects of monetary policy in France over the last decade, as described by the structure and the simulation properties of contemporary econometric models. In particular the paper... |
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No. 32 | 01 Mar 1986 |
The Formulation of Monetary Policy
This paper reassesses, in the light of recent experience, the formulation of monetary policy in terms of targets for monetary aggregates in the major countries. A number of difficulties which have arisen are discussed: instability of the money-income... |
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No. 31 | 01 Mar 1986 |
The OECD Compatible Trade and Production Data Base 1970-1983
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... |
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No. 30 | 01 May 1986 |
Public Debt in a Medium-Term Context and Its Implications for Fiscal Policy
This paper examines the problems raised by the recent sharp increases in the ratio of public debt to GNP in most OECD Member countries. When interest rates exceed growth rates, this development appears as a symptom of instability in public finances.... |
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No. 29 | 01 Feb 1986 |
Method of Calculating Effective Exchange Rates and Indicators of Competitiveness
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... |
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No. 28 | 01 Feb 1986 |
Exchange Rates and Real Long-Term Interest-Rate Differentials
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... |
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Documents de travail du Département des Affaires économiques de l'OCDE
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- https://doi.org/10.1787/18151973
1801 - 1820 of 1847 results
A Review of the Simulation Properties of OECD's INTERLINK Model
Pete Richardson
01 Jul 1987
This paper reviews the simulation properties of a recent version of the OECD Secretariat's international macroeconomic model, INTERLINK, a version which embodies much of the empirical work reported in recent Working Papers and summarised in a...
Recent Developments in OECD's International Macroeconomic Model
Pete Richardson
01 Jun 1987
This paper summarizes recent empirical studies contributing towards the OECD Secretariat INTERLINK world macroeconomic model. For a number of topics, it reviews work which is described in more detail in recent Economics and Statistics Department...
International Investment-Income Determination in INTERLINK
David T. Coe, Richard Herd et Marie-Christine Bonnefous
01 Jun 1987
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...
Price Determination in the Major Seven Country Models in INTERLINK
Ulrich Stiehler
01 Jul 1987
This paper presents new domestic price blocks for the major seven economies in INTERLINK, the Economics and Statistics Department's world econometric model. Theoretical, statistical and practical aspects of new behavioural price equations are...
Import and Export Price Equations for Manufactures
Richard Herd
01 Jun 1987
This paper presents a new system for the consistent determination of import and export prices of manufactured products for use in the world trade block of the OECD INTERLINK model. It uses a system design which directly couples the bilateral...
OECD Economic Activity and Non-Oil Commodity Prices
Gerald Holtham et Martine Durand
01 Jun 1987
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...
A Revised Supply Block for the Major Seven Countries in INTERLINK
Peter Jarrett et Raymond Torres
01 Apr 1987
While the philosophy behind the supply block has not changed since its initial version, each of the block's behavioural equations as well as the parameters of the production functions have been substantially modified. These modifications have been...
Tax Reform in OECD Countries
Robert P. Hagemann, Brian R. Jones et Robert Bruce Montador
01 Aug 1987
This paper examines the question of tax reform in OECD countries. First, the reasons for tax reform are reviewed. These include economic efficiency arguments as well as concerns about equity which are often a major consideration. Next, the paper...
Monetary Policy in the Second Half of the 1980s
Kevin Clinton et Jean-Claude Chouraqui
01 Feb 1987
This paper discusses how monetary policy might assist macroeconomic performance in the second half of the 1980s in the G-10 countries, without compromising the medium-term objective of price stability. From this perspective, the recent stance of...
Tracking the U.S. External Deficit, 1980-1985
Pete Richardson
01 Feb 1987
This paper provides an analysis of the recent evolution of the U.S. current account external deficit in the context of the OECD Secretariat world model, INTERLINK. It seeks to assess to what extent developments in the U.S. current balance since 1980...
Internationalisation of Financial Markets
Mitsuhiro Fukao et Masaharu Hanazaki
01 Nov 1986
This paper analyses the effects of the internationalisation of financial markets on the conduct of macroeconomic policy and the allocation of capital. It first examines the increased integration between domestic and external (or "Euro") financial...
The Government Household Transfer Data Base 1960-1984
Rita Varley
01 Sept 1986
The Government Household Transfer data base (GHT) consists of annual statistics on social security and welfare transfers to households from government, covering the period 1960-84. Social security benefits are classified by subfunction according to...
Wealth and Inflation Effects in the Aggregate Consumption Function
G.H. Holtham et H. Kato
01 Jul 1986
This paper examines some alternative specifications of the aggregate consumption function for eight OECD countries. Wealth effects are potentially important as determinants of consumption and as a transmission channel from monetary influences to real...
Pure Profit Rates and Tobin's q in Nine OECD Countries
James H. Chan-Lee
01 Apr 1986
This paper extends a previous study of profit trends to consider valuation ratios (Tobin's q) in nine countries. Tobin's q embodies market expectations and is an indicator of expected pure profit rates on the existing capital stock. Since 1982,...
Mécanismes de transmission et effets macro-économiques de la politique monétaire en France
Marc-Olivier Strauss-Kahn
01 Mar 1986
This paper considers the main transmission channels and macroeconomic effects of monetary policy in France over the last decade, as described by the structure and the simulation properties of contemporary econometric models. In particular the paper...
The Formulation of Monetary Policy
Paul Atkinson et Jean-Claude Chouraqui
01 Mar 1986
This paper reassesses, in the light of recent experience, the formulation of monetary policy in terms of targets for monetary aggregates in the major countries. A number of difficulties which have arisen are discussed: instability of the money-income...
The OECD Compatible Trade and Production Data Base 1970-1983
Anders Brodin et Derek Blades
01 Mar 1986
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...
Public Debt in a Medium-Term Context and Its Implications for Fiscal Policy
Jean-Claude Chouraqui, Brian Jones et Robert Bruce Montador
01 May 1986
This paper examines the problems raised by the recent sharp increases in the ratio of public debt to GNP in most OECD Member countries. When interest rates exceed growth rates, this development appears as a symptom of instability in public finances....
Method of Calculating Effective Exchange Rates and Indicators of Competitiveness
Martine Durand
01 Feb 1986
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...
Exchange Rates and Real Long-Term Interest-Rate Differentials
David T. Coe et Stephen S. Golub
01 Feb 1986
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...