26-April-2011
English
The financial crisis revealed flaws in pre-crisis policy frameworks.
15-April-2011
English
This paper presents an empirical analysis of the determinants of inflation in the United States, Japan, the euro area and the United Kingdom, focusing on the role of resource utilisation, inflation expectations, inflation persistence and imported inflation.
15-April-2011
English
This paper presents a stylised model in which either a savings glut or an exchange rate peg in emerging economies drives down the level of interest rates in advanced economies and, when it hits the zero-rate bound, produces a welfare loss.
15-April-2011
English
Interest rate pass-through during the global financial crisis: the case of SwedenA stable relationship between monetary policy rates and bank lending and deposit rates faced by consumers and companies is essential for the effective transmission of monetary policy decisions.
22-March-2011
English
Homeownership rates have increased significantly in many OECD countries over recent decades.
22-March-2011
Chinese, , 2,272kb
11-March-2011
English, , 301kb
Rising energy prices stemming from turbulence across N. Africa and the Middle East will only have a modest impact on GDP and inflation in the near term, according to a new OECD report.
8-March-2011
English
Apparent characteristics of the Hungarian banking market such as large profits and high margins suggest weak competitive pressures. Weak competition in turn, may reduce efficiency in a lack of pressures to converge to marginal cost and to stimulate managerial efforts to reduce X-inefficiency.
4-March-2011
English, , 354kb
Global current account imbalances widened markedly in the years preceding the global economic crisis.