27-April-2009
English
This paper describes patterns and developments of regulation that potentially affect product market competition in OECD countries over the past decade. It uses the 2008 update and revision of the OECD indicators of product market regulation (PMR).
27-April-2009
English
High expectations surrounded the two waves of eastward EU enlargement in 2004 and 2007, with the extension of the EU Internal Market being expected to deliver a substantial boost to economic growth in new and old member States alike.
10-April-2009
English
This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007.
3-April-2009
English
The Indonesian labour market is segmented, with a majority of workers engaged in informal sector occupations, and earnings data are available only for formal sector workers (salaried employees). This posed problems for the estimation of earnings equations.
1-April-2009
English
This working paper uses a variety of empirical methods to examine the apparent differences in monetary policy stances as between the United States and other G7 economies.
9-March-2009
English
A characteristic feature of the Slovak housing market, and a consequence of the privatization programme initiated in the early 1990s, is the virtual absence of a private rental market.
9-March-2009
English
As in other catch-up countries inflation is likely to stay high going forward due to nominal convergence in Slovakia.
9-March-2009
English
Euro Area entry calls for more fiscal flexibility to absorb cyclical shocks that cannot be dealt with by the common monetary policy. At the same time fiscal consolidation must not be put at risk, especially given rising ageing related costs.
6-March-2009
English
The Australian education system fares well in international comparison with regards to PISA test scores and the higher education system attracts an increasing number of foreign students. However, a number of challenges need to be addressed.
6-March-2009
English
This paper constructs a broad measure of financial conditions for the United States, Japan, the Euro Area and the United Kingdom, by extending monetary condition indices which are traditionally used to gauge the impact of monetary policy on the economy.