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As part of its surveillance of countrie's economic performance, the OECD reviews labour market developments and assesses how policy can improve the functioning of its market on a regular basis. Over the past years, the OECD has produced a set of country-specific recommendations for reforms in the labour market.
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19-Nov-2008
The main challenges facing the Spanish economy are to minimise the economic costs of the current downturn, move workers shed to new jobs, and to raise sustainable productivity growth including by improving human capital formation and competition in product markets.
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17-Nov-2008
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time-varying NAIRUs are estimated for a panel of OECD economies on the basis of Phillips curve equations using Kalman filter techniques. In a second stage, the estimated NAIRUs are regressed on selected policy and institutional variables.
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29-Oct-2008
This paper examines the nature and the length of economic adjustments to selected structural reforms, drawing on a variety of approaches: descriptive analysis and simulations using Dynamic General Equilibrium and macro-economic neo-Keynesian models.
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10-Oct-2008
The Australian economy, which is in its 17th consecutive year of growth, has benefited from remarkable results. But difficult challenges lie ahead. How to balance inflation threats and risks of a strong downturn? How to strengthen labour supply? How to enhance education performance? What reforms are needed for labour and product markets? How to implement climate change policy and sustainable water management?
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01-Sep-2008
Globalisation, together with skill-biased technical change, is changing the composition of jobs in advanced economies and raising the level of skills required to do them.
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