In order to assess the growth implications of policy complementarities, this paper applies second-best results to reform indicators. During the transition from central planning to EU integration, which corresponds to a policy cycle, a complementarity index based on structural indicators compiled...

Two key factors that have so far allowed fast growing economies of central and eastern Europe to cope with their external constraint have been I) the presence of relatively low unit labour costs and ii)the initial undervaluation of the exchange rate. The accession to the EU will inevitably...

This paper presents simulation results using the OECD Secretariat's GREEN model to quantify the economic costs of possible international agreements to curb CO2 emissions. These results supersede the initial GREEN results published in Working Paper no. 103 in June 1991. The first section of the...

The OECD Secretariat has developed a multi-region, multi-sector. dynamic general equilibrium model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironmental model, hereafter referred to as...

The separability between efficiency and equity is an underlying assumption in most computable general equilibrium (CGE) models used to assess the costs of carbon abatement. Chichilnisky and Heal (1994) have generated a debate on both the analytical correctness of this hypothesis as well as its...

This paper assesses how policies and institutions affect private returns to invest in tertiary human capital, the ability of individuals to finance this investment and the institutional characteristics of tertiary education systems. Focusing on core tertiary education services, the paper...

This paper investigates the link between trade flows and relative wages on a cross-section of 22 sectors in 12 OECD countries. Industries are classified according to stylised facts about market structure (fragmentation, segmentation and degree of product differentiation). Next, the import...

The OECD Secretariat has developed a multi-region, multi-sector, dynamic applied general equilibrium (AGE) model to quantify the economy-wide and global costs of policies to curb emissions of carbon dioxide (CO2). The project is called the GeneRal Equilibrium ENvironments model, hereafter...

The aim of this paper is to analyse the implications of the European Commission proposal of a mixed energy <I>cum</I> carbon tax to curb CO2 emissions from a <I>global</I> perspective. The paper deals with the effects of this proposal on emissions and welfare in both the EC <I>and</I> the rest of the world by...</i></i></i>

This paper examines the channels through which ageing will shape the main economic factors that in turn affect potential growth; identifies current policy settings that may in fact amplify the adverse impact of demographic trends; and sets out policy reforms that will work to temper the effects...