By Geoff Barnard and Patrice Ollivaud, OECD Economics Department With the upsurge in inflation in 2021-22 in many countries creating… Read More »Inflation factors: how returns to capital and labour have contributed to domestic inflation pressures
Labour-saving innovation alone is unlikely to reduce overall labour demand. To lift supply, childcare, immigration, and adult training need an overhaul.
By Tibor Hanappi, Valentine Millot and Sébastien Turban, OECD Economics Department Business investment has been weak in OECD countries since… Read More »Corporate taxation can support business investment, but details of the tax system matter
by Seung-Hee Koh, Catherine MacLeod and Elena Rusticelli Global trade policy is undergoing a sea-change. The share of global merchandise… Read More »Shifting sands: trade partner patterns since 2018
by Almira Enders and Dennis Dlugosch, OECD Economics Department The current monetary policy tightening cycle observed in many countries stands… Read More »Monetary policy and credit standards: this time it’s different
By Nobukazu Ono and Álvaro Pina, OECD Economics Department After recording sizeable gains from quantitative easing (QE) over most of… Read More »Do central bank losses matter?
Ane Kathrine Christensen and Lucia Quaglietti, OECD Economics Department Policy interest rates have risen at an unusually rapid pace since… Read More »Monetary policy pass-through to bank credit conditions: progressing fast