The paper reviews some key characteristics of the recoveries experienced by the seven major OECD countries in the 1970s and 1980s. It presents data on the cyclical evolution of demand components, fiscal and monetary variables, labour market and inflation around cyclical troughs. A final section...

This working paper presents evidence on changes in income distribution and poverty in thirteen OECD countries over the two decades up to the first half of the 1990s. While country experience has been variable, income and poverty rose in most countries. Both earnings and capital and self...

The authors propose a policy compact to achieve more inclusive growth in G20 countries so that economic growth regains the ultimate sense of improving all people's lives. Guiding principles are: 1) prosperity is not just about income but about all relevant outcomes of well-being and capabilities...

The authors propose a policy compact to achieve more inclusive growth in G20 countries so that economic growth regains the ultimate sense of improving all people’s lives. Guiding principles are: 1) prosperity is not just about income but about all relevant outcomes of well-being and...

The authors propose a policy compact to achieve more inclusive growth in G20 countries so that economic growth regains the ultimate sense of improving all people's lives. Guiding principles are: 1) prosperity is not just about income but about all relevant outcomes of well-being and capabilities...

Many OECD countries are aiming to reform their tertiary education (TE) systems. This work explores the determinants of the investment in TE, with a focus on institutional setting of TE systems and private incentives to undertake years of schooling beyond upper-secondary degree level. For this...