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This paper analyzes developments in real long-term interest rates across OECD economies and surveys the various determinants that have contributed to their decline since the 1980s. The document identifies key factors influencing real bond yields, including inflation levels, monetary policy actions such as quantitative easing, and purchases of government bonds by official investors from emerging market economies.
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The OECD Economics Department works on analyzing economic trends, providing policy advice to member countries, and fostering international economic collaboration.
Typically, member countries of the OECD are required to file materials and reports with the OECD Economics Department to ensure that economic policies are aligned with international standards.
Filling out the OECD Economics Department reports generally involves gathering economic data, assessing policy impacts, and utilizing specific templates or guidelines provided by the department.
The purpose is to promote economic growth, stability, and improvements in living standards among member countries through policy analysis and recommendations.
Information that must be reported includes economic indicators, fiscal policies, structural reforms, and other relevant data that reflect the economic conditions of the member countries.
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