OECD Journal: Financial Market Trends

Financial Market Prediction using Google Trends

Financial decisions are among the most significant life-changing decisions that individuals make. There is a strong correlation between financial decision making and human behavior. In this research the relationship between what people think and how stock market moves is investigated. The data from 2010 to 2015 of some of business, political and financial events which directly impact the local ...

Financial market crisis and financial market channel

OECD Journal on Budgeting – Volume 2009/2

* Allen Schick is Distinguished University Professor, University of Maryland, United States. This article was originally published in 2009 as Chapter 16 in the OECD publication Evolutions in Budgetary Practice (ISBN 978-92-64-06087-6). Fiscal space refers to the financial resources available to a government for policy initiatives through the budget and related decisions. This article reviews th...

Inegalitarian Market Trends and the Politics of Compensatory Redistribution in OECD Countries

We use data from the Luxembourg Income Study to examine the effect of changes in market inequality on changes in government redistribution in 14 OECD countries from the mid-1980s to the mid-1990s. Unlike most prior studies, we focus on earnings inequality across households (rather than full-time employed individuals) and on the actual redistributive effects of taxes and government transfers (ra...

OECD Journal on Budgeting Volume 2008/3

Greece is undertaking important reforms with the aim of making the budget a more modern strategic policy document. This article examines Greece’s recent economic and fiscal performance and the developments that led to the launch of the programme budgeting pilot in 2008. The article discusses the budget formulation process, the role of Parliament, and various aspects of budget implementation and...