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This study was prepared in the Economics Department as a contribution to the Organisation-wide study of the economic consequences of population ageing. It presents a number of long-term scenarios illustrating the likely domestic and international macroeconomic effects of ageing across the OECD and policies which might ameliorate or reverse underlying… (More)
92986 Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format ECO/WKP(2000)23 2 ABSTRACT/RÉSUMÉ The structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of major importance to the analysis of macro and structural economic developments,… (More)
/RÉSUMÉ This paper examines the likely influence of recent stock market fluctuations on major OECD economies, focusing on wealth effects and consumption. After reviewing the relevant theoretical framework and available empirical evidence, consumption functions are estimated for the US including the influence of financial wealth. The resulting estimates of… (More)
This paper was prepared as a contribution to the Organisation wide study ''Towards a new global age: Challenges and opportunities'' (Linkages 2) presented in OECD (1997a and b). Sylvie Ricordeau and Anne Eggimann for technical preparation. Thanks also go to numerous colleagues , notably Robert Ford and Michael Feiner, for their comments on earlier drafts.… (More)
It was no accident that Warren Harvey's paper on 'Tooth temperature with reference to dental pain while flying' was published during the Second World War, as Harvey was given the opportunity to investigate this subject after aircrew reported dental problems during flight. Group Captain Peter Richardson of the RAF Institute of Dental Health and Training… (More)
and other colleagues in the Economics Department for helpful comments and suggestions, to Pierre-Olivier Beffy and Ane-Kathrine Christensen for their work in preparing the model used and the associated database, and to Diane Scott for assistance in preparing the document.
Paul Swaim and Dirk Pilat for helpful comments and suggestions. This paper was an input into the OECD-wide Globalisation and Structural Adjustment project. Part of the work in the paper was made possible by financial support from Japanese ESRI funding.