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The effect of a carbon tax rise on Iceland's economy | en - Vimarsana News

The effect of a carbon tax rise on Iceland's economy | en

Data and research on economy including economic outlooks, analysis and forecasts, country surveys, monetary and financial issues, public finance and fiscal policy and productivity., This paper studies the potential impact of higher carbon taxation - to reach the government’s emission targets by 2030 - on Iceland’s economy. The paper is divided into two parts. First, a DSGE modelling exercise suggests that the equivalent of an oil price hike of between 30% and 55% is needed to reach the 2030 target, implying a GDP decline of between 0.3% and 0.6% by 2030. The impact on inflation wou...

Source: oecd.org
International comparisons of the measurement of non-market output during the COVID-19 pandemic | en - Vimarsana News

International comparisons of the measurement of non-market output during the COVID-19 pandemic | en

Data and research on economy including economic outlooks, analysis and forecasts, country surveys, monetary and financial issues, public finance and fiscal policy and productivity., The measurement of non-market output, characterised by providing goods and services without economically significant prices, has always proved challenging for compilers of the National Accounts. Various approaches are available to meet these challenges, often resulting in slight differences in methodology between countries. Government policies, introduced in response to the coronavirus (COVID-19) pandemic exacerbat...

Source: oecd.org
Determinants of labour market exit of older workers in the Slovak Republic | en - Vimarsana News

Determinants of labour market exit of older workers in the Slovak Republic | en

Data and research on economy including economic outlooks, analysis and forecasts, country surveys, monetary and financial issues, public finance and fiscal policy and productivity., The Slovak population is set to age rapidly in the next decades, with significant impacts on economic growth and the sustainability of public finances. At the same time, the labour market exit age in Slovakia is among the lowest in the OECD. We use administrative data for Slovakia between 2013 and 2020 to analyse what factors influence the probability of employment exit of older workers. We find that statutory reti...

Source: oecd.org
Romania: Boosting productivity and human capital will foster economic growth, more jobs and higher incomes, says OECD - Vimarsana News

Romania: Boosting productivity and human capital will foster economic growth, more jobs and higher incomes, says OECD

Data and research on economy including economic outlooks, analysis and forecasts, country surveys, monetary and financial issues, public finance and fiscal policy and productivity., Accelerating the pace of structural reform, investing EU funds effectively while ensuring good fiscal management will help strengthen the recovery and future growth, which will lead to better opportunities for people in Romania to get ahead, according to a new OECD report.

Source: oecd.org
Making digital transformation work for all in Chile | en - Vimarsana News

Making digital transformation work for all in Chile | en

Data and research on economy including economic outlooks, analysis and forecasts, country surveys, monetary and financial issues, public finance and fiscal policy and productivity., The sanitary crisis, created by the outbreak COVID-19, is accelerating Chile’s digital transformation, which has seen a surge in e-learning, streaming, online shopping and marketing and teleworking. The digital transformation has the potential to revamp productivity and inclusiveness, although it comes with adoption barriers and transition costs. Connectivity has increased substantially in the last decades, a...

Source: oecd.org