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Improving the fiscal framework to enhance growth in an era of fiscal consolidation in Slovakia

Klein, Caroline; Price, Robert W.; Wörgötter, Andreas - 2013

. Raising the effectiveness of tax collection, reforming the tax structure towards less distortive taxes and making more out of …

Persistent link: https://www.econbiz.de/10009711240

Cross-country spillovers from fiscal consolidations

Goujard, Antoine - 2013

In many OECD countries, government debt reached levels over recent years that call for reduction over the medium to longer term to ensure public finance sustainability. This paper investigates the international transmission of fiscal consolidation shocks via trade flows. Using a measure of...

Persistent link: https://www.econbiz.de/10010230999

The effect of government debt, external debt and their interaction on OECD interest rates

Turner, David; Spinelli, Francesca - 2013

In the wake of the financial crisis there has been renewed focus on the importance of a country’s net external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and...

Persistent link: https://www.econbiz.de/10010231409

OECD forecasts during and after the financial crisis : a post mortem

Pain, Nigel; Lewis, Christine; Dang, Thai Thanh; Jin, Yosuke - 2014

This paper assesses the OECD’s projections for GDP growth and inflation during the global financial crisis and recovery, focussing on lessons that can be learned. The projections repeatedly over-estimated growth, failing to anticipate the extent of the slowdown and later the weak pace of the...

Persistent link: https://www.econbiz.de/10010374419

Making economic growth more socially inclusive in Germany

Kappeler, Andreas; Fuentes Hutfilter, Andrés - 2014

Persistent link: https://www.econbiz.de/10010464860

Towards a less distortive and more efficient tax system in Portugal

Pina, Álvaro Manuel - 2010

Persistent link: https://www.econbiz.de/10009569764

Ensuring fiscal sustainability in Japan in the context of a shrinking and ageing population

Jones, Randall Sidney; Fukawa, Kohei - 2017

, though, will have to be on the revenue side, primarily through hikes in the consumption tax rate toward the OECD average and … a broadening of the personal income tax base. Fiscal consolidation should be accompanied by measures to promote … inclusive growth through the tax and benefit system, in particular by introducing an earned income tax credit to assist the …

Persistent link: https://www.econbiz.de/10011732716

Can an increase in public investment sustainably lift economic growth?

Mourougane, Annabelle; Botev, Jarmila; Fournier, Jean-Marc - 2016

This paper seeks to identify the conditions under which raising public investment can sustainably lift growth without deteriorating public finances. To do so, it relies on a range of simulations using three different macro-structural models. According to the simulations, OECD governments could...

Persistent link: https://www.econbiz.de/10011578210