Search: OECD
RBA Glossary definition for OECD
OECD – The Organisation for Economic Co-operation and Development (OECD) is an organisation of 34 countries that seeks to promote policies that will improve the economic and social well-being of people.
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Discussion
31 Dec 2003
RDP
2003-10
On the Australian relationship, see e.g., Bickerdyke, Lattimore and Madge (2000); on the relationship across the OECD economies excluding Australia, see e.g., Scarpetta et al (2002).
https://www.rba.gov.au/publications/rdp/2003/2003-10/discussion.html
References
31 Dec 2003
RDP
2003-10
Freeman D and D Yerger (2000), ‘Does inflation lower productivity? Time series evidence on the impact of inflation on labour productivity in 12 OECD nations’, Atlantic Economic Journal, 28(3), pp ... Madsen JB and R Damania (2001), ‘Labour demand
https://www.rba.gov.au/publications/rdp/2003/2003-10/references.html
Introduction
31 Dec 2003
RDP
2003-10
Most OECD countries had low productivity growth and high inflation in the 1970s and, to a lesser extent, the 1980s. ... Productivity. 2.3. 0.6. 1.2. 1.7. Sources: CPI inflation – IMF; real GDP per person employed – OECD.
https://www.rba.gov.au/publications/rdp/2003/2003-10/introduction.html
Appendix E: Reverse Causal Flow
31 Dec 2003
RDP
2003-10
Madsen and Damania (2001) find empirical support for a positive relationship between wages and productivity in OECD countries.
https://www.rba.gov.au/publications/rdp/2003/2003-10/appendix-e.html
Previous Research
31 Dec 2003
RDP
2003-10
Not tested. Freeman and Yerger (2000). 12 OECD economies. (a). :. 1961–1994 (annual). Manufacturing. labour (hours). Only in a minority. of countries.
https://www.rba.gov.au/publications/rdp/2003/2003-10/previous-research.html