Showing 1 - 7 of 7
The Internet has become an integral part of the everyday life of households, firms and governments. Its proper functioning over the long run is therefore crucial for economic growth and people’s wellbeing more generally. The success of the Internet depends on its openness and the confidence of...
Persistent link: https://www.econbiz.de/10011276839
investment. While GDP growth was one of the strongest in OECD, employment did not reach the pre-crisis level and unemployment …
Persistent link: https://www.econbiz.de/10011276997
The deep recession has led to a marked deterioration in labour market conditions in the OECD area. This paper, which draws heavily on other ongoing analytical work at the OECD, takes stock of recent labour market developments, highlights some of the key uncertainties in the early stages of the...
Persistent link: https://www.econbiz.de/10008542497
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings. Analysing an unbalanced panel of 30 OECD economies from 1970 to 2008, we found that downturns have, on average, a...
Persistent link: https://www.econbiz.de/10008498031
The financial crisis revealed flaws in pre-crisis policy frameworks. Particular gaps included the failure of monetary … manoeuvre in event of a crisis. During the crisis, the clear pre-crisis assignments of policy instruments to objectives became … exit from the crisis, policy decisions continue to be made in an environment of high uncertainty. In the near term …
Persistent link: https://www.econbiz.de/10009003058
this paper do not seem to apply to the most recent crisis, partly because the labour market situation did not deteriorate …
Persistent link: https://www.econbiz.de/10009146866
This paper looks at the empirical determinates of foreign currency reserve holdings across a panel of around 130 countries between 1980 and 2008. The paper builds on the existing literature by adopting a panel error-correction model specification and by extending the sample to include the recent...
Persistent link: https://www.econbiz.de/10009024408