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The Sharing of Macroeconomic Risk: Who Loses (and Gains) from Macroeconomic Shocks

Ahrend, Rudiger; Arnold, Jens; Moeser, Charlotte - Economics Department, Organisation de Coopération et … - 2011

-sharing institutions. The paper then presents new empirical and model-based evidence about how the short-term impact of selected … effects are shaped by differences in institutions. For example, individuals on low incomes, and especially young people, seem … institutions can be identified that facilitate risk sharing between high and low income earners, namely “social protection” and …

Persistent link: https://www.econbiz.de/10009143621

Average Effective Tax Rates on Capital, Labour and Consumption

Carey, David; Tchilinguirian, Harry - Economics Department, Organisation de Coopération et … - 2000

Over the past 15 years, tax reforms have profoundly changed the shape of OECD tax systems and rekindled interest in measuring effective tax burdens. Indeed, in order to understand past reforms or to evaluate the tax policies of particular countries, it is necessary to go beyond statutory rates...

Persistent link: https://www.econbiz.de/10005045736

Towards a Better Understanding of the Informal Economy

Andrews, Dan; Sánchez, Aida Caldera; Johansson, Åsa - Economics Department, Organisation de Coopération et … - 2011

It is important to understand the nature and drivers of informality, as its social and economic consequences are wide-ranging. This paper critically reviews the current state of cross-country research on informality and discusses how existing data sources can be more effectively employed and...

Persistent link: https://www.econbiz.de/10009131543

Getting Back on Track: Restoring Fiscal Sustainability in Ireland

Haugh, David - Economics Department, Organisation de Coopération et … - 2011

Ireland’s banking crisis, one of the most severe in the OECD area, and the associated economic recession have taken a heavy toll on public finances. Large public deficits have accumulated since 2008 and net public debt, which had been eliminated, has soared once again. The rapid deterioration...

Persistent link: https://www.econbiz.de/10009364451

Sustaining the Momentum of Fiscal Reform in Hungary

Forthun, Colin; Hagemann, Robert P. - Economics Department, Organisation de Coopération et … - 2010

Hungary has faced a considerable challenge to regain credibility following persistent and high fiscal deficits. Efforts during recent years have produced substantial results. The fiscal deficit has been brought down significantly and, despite the recession, fiscal consolidation has continued to...

Persistent link: https://www.econbiz.de/10008642473

Does Fiscal Decentralisation Strengthen Social Capital?: Cross-Country Evidence and the Experiences of Brazil and Indonesia

Mello, Luiz de - Economics Department, Organisation de Coopération et … - 2010

This paper tests the hypothesis that, by giving people more voice in the government decision-making process, fiscal decentralisation fosters social capital, measured in terms of interpersonal trust. Empirical evidence based on World Values Survey data and seemingly unrelated probit estimations...

Persistent link: https://www.econbiz.de/10008764470

Structural Reforms to Boost Turkey's Long-Term Growth

Gönenç, Rauf; Röhn, Oliver; Koen, Vincent; Saygili, … - Economics Department, Organisation de Coopération et … - 2012

Turkey can achieve strong sustainable growth and job creation but further reforms in the labour market, education and product markets are required for such gains to materialise. In recent years, growth has been largely driven by the industrial catch-up of Anatolian regions, although the Marmara...

Persistent link: https://www.econbiz.de/10011276807

Improving the Business Climate in Russia

Radziwill, Artur; Vaziakova, Yana - Economics Department, Organisation de Coopération et … - 2015

Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...

Persistent link: https://www.econbiz.de/10011276869

Local Public Finances and Municipal Reform in Finland

André, Christophe; García, Clara - Economics Department, Organisation de Coopération et … - 2014

Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...

Persistent link: https://www.econbiz.de/10011276871

Fiscal Consolidation Across Government Levels - Part 2. Fiscal Rules for Sub-central Governments, Update of the Institutional Indicator

Fredriksen, Kaja - Economics Department, Organisation de Coopération et … - 2013

Fiscal rules that constrain sub-central government (SCG) budgeting are very common across the OECD, but there are substantial cross-country differences in their implementation and impact. This paper presents the 2011 update of the fiscal rules database established in 2005. As in 2005, budget...

Persistent link: https://www.econbiz.de/10011276899