This paper provides evidence on the effects of the size and the composition of public
spending on long-term growth and inequality. An estimated baseline convergence model …

An estimated baseline convergence model capturing the long-term effect of human capital
and physical investment on potential output for a panel of OECD countries is augmented …

This paper identifies and analyses some key challenges that OECD and partner economies
may face over the coming 50 years if underlying global trends relating to growth, trade …

Using panel data for OECD countries, this study investigates the extent to which changes in
government spending on education, health and other areas influence long-term growth. The …

The sharp rise in debt experienced by most OECD countries raises questions about debt
indicators and the prudent government debt level countries should target. It also raises …

This paper investigates whether OECD countries are facing secular stagnation. Secular
stagnation is defined as a situation when policy interest rates bounded at zero fail to …

This article examines the taxation of property in the residential market as a potential revenue-
raising tool in public finance. Economists generally consider taxing property to be less …

Inclusive growth refers to long-term, sustained economic growth that is broad based and
includes a large part of the labor force, thereby reducing unemployment and income …

This paper analyzes the direct and indirect effects of fiscal policy on total factor productivity
(TFP) in a panel of OECD countries over the period 1970–2012. Our contribution is twofold …

How do fiscal adjustments change the income distribution in emerging market economies? |
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