Monetary aggregates are the money circulating in an economy to satisfy its current monetary needs. There are two indicators for monetary aggregates collected by the OECD: "narrow money" (M1); a means of exchange and "broad money" (M3); a way to store value. Monetary aggregates are measured as a...

What are the impacts on environmental effectiveness and economic efficiency of using an “instrument mix”, rather than a single instrument, to address a given environmental problem? What are the main arguments for using such instrument mixes, and are the instrument mixes currently in use...

Do voluntary approaches deliver the expected environmental benefits? Do they help reach environmental targets in a cost-effective way? This report provides an assessment of the use of voluntary approaches building on a number of new case studies. Analysis is on the environmental effectiveness,...