With the global economy mired in low-growth and no signs of strong acceleration, a lot of attention has been paid to the meagre pace of productivity growth in OECD countries.

This paper firstly describes the role of models in producing OECD global macroeconomic forecasts; secondly, reviews the OECD's forecasting track record; and finally, considers the relationship between forecast performance and models.

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.

The generous Danish welfare state relies on a high degree of labour force participation both for financing and in order to ensure social cohesion.

The generous Danish welfare state relies on a high degree of labour force participation both for financing and in order to ensure social cohesion.

Malaysia’s economy has proven resilient to global headwinds, but more can be done to boost innovation, raise productivity and shift to a more sustainable growth path that will boost living standards for all, according to two new reports from the OECD.

Productivity growth is essential for living standards to durably improve. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.

This paper explores the relationship between policy settings and extreme positive and negative growth events, what we call GDP tail risks, using quantile regression methods.

This paper explores the relationship between policy settings and extreme positive and negative growth events, what we call GDP tail risks, using quantile regression methods.

This paper delivers a broad assessment of income inequality in Denmark.

Widespread increases in inequality over the past three decades have raised the question of the distribution of the growth dividends.

In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities.

Widespread increases in inequality over the past three decades have raised the question of the distribution of the growth dividends.

In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities.

Knowing who gains and loses from regulatory reform is important for understanding the political economy of reform. Using micro-level data from 26 countries, this paper studies how regulatory reform of network industries, a policy priority in many advanced economies, influences the labour market situation of workers in network industries.

OECD GDP growth accelerates to 0.6% in third quarter of 2016

This paper delivers a broad assessment of income inequality in Denmark.

The effect of the size and mix of public spending on growth and inequality

Expansionary fiscal initiatives and maintaining trade openness are needed to push the global economy out of today’s low-growth trap, according to the OECD’s latest Global Economic Outlook.

This paper presents quantitative information on labour market flows for 25 OECD countries. It uses household surveys that offer the advantage of reporting monthly transitions between employment, unemployment and economic inactivity for individuals.

In the United States, the most watched indicator of productivity (nonfarm business productivity growth) decelerated about ¾ percentage point from 2009 to 2014 relative to the preceding 5-year period.

OECD annual inflation picks up to 1.4% in October 2016, driven by energy prices

This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs).

Growth momentum picking-up in several advanced economies and strengthening in major emerging economies

A policy framework that does not unduly inhibit the creative destruction process is vital to sustaining productivity growth. Yet, a key question is what happens to workers who lose their jobs due to this process and what are the policies that minimise the costs of worker displacement?

This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs)

What happens to workers who lose their jobs due to firm exit – how quickly are they re-employed and what are the policies that can aid this process?

Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough.

Turkey’s manufacturing sector has expanded considerably but not efficiently and competitively enough.

This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries.

This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries.

Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average.

Spending on public administration itself is relatively low and so are indicators of its performance.

Slovenia’s living standards measured in GDP per capita are currently some 20% below the EU15 average and have not yet reached their pre-crisis level.

Slovenia’s living standards measured in GDP per capita are currently some 20% below the EU15 average and have not yet reached their pre-crisis level.

Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average.

Structural reforms are regularly assessed based on their ability to boost GDP per capita. This emphasis relies on the assumption that higher GDP per capita is systematically associated with rising living standards for the vast majority of citizens. This view is increasingly being challenged.

Stockbuilding pushes OECD GDP growth up to 0.5% in the third quarter of 2016

Ambitious structural reforms and sound macroeconomic policies have strengthened the resilience of the Mexican economy despite a complex national scenario and challenging global conditions, but more can be done to boost productivity and ensure that growth is inclusive enough to achieve better living conditions for all, according to a new report from the OECD.

Malaysia has sustained over four decades of rapid, inclusive growth, reducing its dependence on agriculture and commodity exports to become a more diversified, modern and open economy.

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.

This paper explores the extent to which “zombie” firms – defined as old firms that have persistent problems meeting their interest payments – are stifling labour productivity performance.

Stronger signals of growth momentum picking-up in several major OECD economies

Productivity growth is essential to providing sustainable increases in living standards. Malaysia has reached a development stage where growth needs to be driven more by productivity gains than the sheer accumulation of capital and labour inputs.

Widespread increases in inequality over the past three decades have raised the question of whether growth in itself is a driver of income inequality.

This paper explores the extent to which “zombie” firms – defined as old firms that have persistent problems meeting their interest payments – are stifling labour productivity performance.

The government has rolled out major structural reforms since 2012 aimed at improving growth, well-being and income distribution. The initial wave of reforms, kicked-off by the multi-partisan political commitments in the Pacto por México, led to notable progress across a range of areas and put Mexico at the forefront of reformers among OECD countries.

This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality).

This paper provides a quantitative description of decoupling in OECD countries over the past two decades, with the results suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of wage inequality).

Well-known global companies such as Google, Apple and Amazon of the digital era as well as more traditional ones of the likes of BMW, L’Oreal and Nestlé have recorded impressive productivity gains over the 2000s as they created more and more revenue per employee. At the same time, aggregate productivity growth in the OECD – that reflects the performance of all businesses not just the few most successful ones – has stagnated.