Showing 1 - 10 of 118
over the medium term. The stock of existing mortgages should be gradually converted into amortising mortgages, the cap on … potentiel pour les contribuables, et la palette d'instruments dont dispose l'autorité de régulation pour réduire les risques …
Persistent link: https://www.econbiz.de/10011276851
Rising household debt has become a major policy concern in Korea. By the end of 2012, it had risen to 164% of disposable income, well above the OECD average of 133%. In addition to the economic impact and the risk to the financial sector, it raises social cohesion issues, as households with low...
Persistent link: https://www.econbiz.de/10011276925
Israeli house prices have risen by over 50% over the past three years. In part this reflects the fact that for several years housing construction had not kept pace with increases in the number of households. In response to these developments, hitherto sluggish planning-approval processes are...
Persistent link: https://www.econbiz.de/10009386331
While pronounced cycles in house prices have been a major cause of macroeconomic instability in the past, current house price developments do not yet suggest an overheating of the housing market. However, several important concerns are related to both direct effects of housing markets on overall...
Persistent link: https://www.econbiz.de/10005046161
The impressive emergence of China’s economy is set to lose some momentum as the country catches up with more advanced economies and its rapid ageing also weighs on it. However, China can still reap the “reform dividend”, especially with measures to keep up the sustained growth of...
Persistent link: https://www.econbiz.de/10013278668
recurrent cuts in shipments of natural gas from Argentina since 2004 have put additional strain on regulation in the electricity … improvements in the regulation of telecoms would do much to further improve the business climate. The governance of public …
Persistent link: https://www.econbiz.de/10012442893
This paper provides a revised measure of regulatory restrictions on inward foreign direct investment (FDI)for OECD countries and extends the approach to 13 non-member countries. The methodology is largely similar to that adopted in the previous version of the OECD indicator and covers three...
Persistent link: https://www.econbiz.de/10012442991
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate high concentration in many markets, and preventing...
Persistent link: https://www.econbiz.de/10012442998
The paper uses a data base on regulation, market structure and performance in the air passenger transportation industry …
Persistent link: https://www.econbiz.de/10012443072
new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has … increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation … the gains are greater the further a given country is from the technology leader, suggesting that regulation limiting ... …
Persistent link: https://www.econbiz.de/10012443921