Showing 1 - 10 of 20
The objective of joining the euro area has become an important priority in the policy agenda of the current government. The paper focuses on the major structural reforms necessary to prepare for euro adoption that should allow a sustainable fulfilment of the Maastricht criteria and maximisation...
Persistent link: https://www.econbiz.de/10008461039
We use data on the subjective well-being (SWB) of more than 91,000 individuals in 30 member countries of the Organization for Economic Cooperation and Development (OECD) to assess the well-being effects of unemployment, inflation and national income growth. The relationships found are used to...
Persistent link: https://www.econbiz.de/10010435675
Innovation is widely recognized as a key ingredient of productivity success. This article by Someshwar Rao, Ashfaq Ahmad, William Horsman, and Phaedra Kaptein-Russell of Industry Canada provides support for this view by finding a strong positive relationship between measures of fundamental...
Persistent link: https://www.econbiz.de/10005481859
The third issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains six articles that deal with a wide range of issues in the productivity area. Topics covered are the contribution of the information and communications technology sector to...
Persistent link: https://www.econbiz.de/10005650233
In international circles, the concern of the day is the state of the world economy. There is a general appreciation of the severity of the problem, but no widespread agreement about either diagnosis or solutions. We shall focus here on a particular set of topics that have emerged as major issues...
Persistent link: https://www.econbiz.de/10005789318
We use data on the subjective well-being (SWB) of more than 91,000 individuals in 30 member countries of the Organization for Economic Cooperation and Development (OECD) to assess the well-being effects of unemployment, inflation and national income growth. The relationships found are used to...
Persistent link: https://www.econbiz.de/10010663626
We use data on the subjective well-being (SWB) of more than 91,000 individuals in 30 member countries of the Organization for Economic Cooperation and Development (OECD) to assess the well-being effects of unemployment, inflation and national income growth. The relationships found are used to...
Persistent link: https://www.econbiz.de/10010438692
There has been a long-standing debate over the development of savings rates in developed economies, and an emphasis has been placed on aging societies and a global savings glut. Meanwhile, with rising global temperatures and more frequent extreme weather events becoming an increasingly visible...
Persistent link: https://www.econbiz.de/10015209789
For a sample of sixteen OECD countries over the period 1980-2007 we show that, for given debt-GDP ratio, an increase in the maturity of the public debt by one year lowers its long-term interest rate by around 20-30 basis points. This effect is stronger for countries with higher average inflation...
Persistent link: https://www.econbiz.de/10010697222
For a sample of sixteen OECD countries over the period 1980-2007 we show that, for given debt-GDP ratio, an increase in the maturity of the public debt by one year lowers its long-term interest rate by around 20-30 basis points. This effect is stronger for countries with higher average inflation...
Persistent link: https://www.econbiz.de/10010323031