"The year 2019 saw the emergence of an unlikely duo consisting of the Managing Director of the International Monetary Fund (IMF) Christine Lagarde1 and broadcaster and environmentalist Sir David Attenborough. They discussed the relationship between nature and the economy in a panel session, a...

Singh and Mathur find that the emphasis on the OECD's concept of "economic substance" can have a significant impact on the scale as well as the location of economic activity and likely has highly unfavorable implications on economic activity for high-tax jurisdictions. Viewed from a U.S....

This paper analyzes how the OECD revises potential output (PO) estimates after recessions. We show that downward revisions are substantial and mostly driven by supply shocks while PO estimates do not significantly react to demand shocks. In addition, revisions are partly caused by avoidable...