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What Drives Sovereign Risk Premiums?: An Analysis of Recent Evidence from the Euro Area

Haugh, David; Ollivaud, Patrice; Turner, David - Economics Department, Organisation de Coopération et … - 2009

This paper analyses recent large movements in the yield spread for sovereign bonds as between Germany and other euro area countries. While the general increase in risk aversion that has characterised the financial crisis is an important factor on its own, it is found that this has also magnified...

Persistent link: https://www.econbiz.de/10005005487

Strengthening Competition in Poland

Égert, Balázs; Goujard, Antoine - Economics Department, Organisation de Coopération et … - 2014

significant. Despite impressive progress, product market regulation remains more burdensome than in most OECD countries, partly … autorités de régulation sectorielles dans les industries de réseau et les prérogatives de l'Autorité de la concurrence peuvent … régulation sectorielles n'aient pas instauré des règles du jeu équitables, garantissant l'accès des tiers aux infrastructures …

Persistent link: https://www.econbiz.de/10011276785

Policy Implementation in Italy: Legislation, Public Administration and the Rule of Law

O'Brien, Paul - Economics Department, Organisation de Coopération et … - 2013

OECD indicators of structural policy show that policy changes in Italy since 1998 should have improved the environment for entrepreneurship significantly, but in the same period its economic performance has deteriorated noticeably. This may be partly because there is a difference between policy...

Persistent link: https://www.econbiz.de/10011276806

Moving Towards a More Dynamic Business Sector in Spain

Pandiella, Alberto González - Economics Department, Organisation de Coopération et … - 2014

Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened. Boosting economic growth requires a new generation...

Persistent link: https://www.econbiz.de/10011276814

The Internet Economy - Regulatory Challenges and Practices

Koske, Isabell; Bitetti, Rosamaria; Wanner, Isabelle; … - Economics Department, Organisation de Coopération et … - 2014

finds that despite the regulatory difficulties, the Internet is far from being a “regulation-free” space as there are … regulation. Most of them aim at protecting personal data and consumers more generally. In many cases generally applicable laws … normes de l'industrie, des accords de co-régulation entre l'industrie et le gouvernement, et dans certains cas, la …

Persistent link: https://www.econbiz.de/10011276839

Boosting Productivity in Australia

Koutsogeorgopoulou, Vassiliki; Barbiero, Omar - Economics Department, Organisation de Coopération et … - 2013

Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken...

Persistent link: https://www.econbiz.de/10011276866

Trade Specialisation and Policies to Foster Competition and Innovation in Denmark

McGowan, Muge Adalet - Economics Department, Organisation de Coopération et … - 2014

Danish productivity has grown only weakly over the past two decades, both historically and in relation to other countries, despite sound policies and institutions. At the same time, the country has lost export market shares. Denmark needs to continue its efforts to reap the benefits of...

Persistent link: https://www.econbiz.de/10011276893

Raising the Potential of the Domestically Oriented Sector in Germany

Eid, André; Hutfilter, Andrés Fuentes - Economics Department, Organisation de Coopération et … - 2015

Germany’s manufacturing sector, which plays an important role for exports, has been performing well over the past decade in terms of labour productivity growth and international competitiveness. However, the services sector has had much slower growth rates. Competition often appears to be...

Persistent link: https://www.econbiz.de/10011276957

Has Deregulation Increased Investment in Infrastructure?: Firm-Level Evidence from OECD Countries

Araújo, Sónia - Economics Department, Organisation de Coopération et … - 2011

behaviour. We find that the impact of regulation on investment is both sector and firm specific. A reduction in the degree of …

Persistent link: https://www.econbiz.de/10009322440

Advancing Structural Reforms in OECD Countries: Lessons from Twenty Case Studies

Tompson, William; Dang, Thai-Thanh - Economics Department, Organisation de Coopération et … - 2010

This paper presents in summary form the findings that emerge from a study of 20 structural reform episodes in 10 OECD countries. The study’s principal messages may be summarised as follows. First, it pays to have an electoral mandate for reform. Secondly, major reforms should be accompanied by...

Persistent link: https://www.econbiz.de/10008542493