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Public Sector Economics journal ranks first in Croatia in the area of Economics, Econometrics and Finance
Published: May 17, 2022

According to SJR - Scimago Journal & Country Rank indicators for 2021, the journal Public Sector Economics (PSE) is ranked in the third quartile (Q3) and is 34th (out of 161) among Croatian journals indexed in the Scopus database. This is a significant improvement from 2020 when it was in the fourth quartile (Q4) and in 80th place. 
We are extremely pleased to inform you that in the field of Economics, Econometrics and Finance PSE is in the first place in Croatia! 
Thanks to all the authors, reviewers, PSE conferences participants and others who directly or indirectly contributed to this result. 
New issue of Public Sector Economics
Published: March 11, 2022

In the new issue of Public Sector Economics Ivana Rukavina in the article Evaluation of macroeconomic outcomes and the seven-year membership of Croatia in the European Union shows that accession halted the decline of almost all observed macroeconomic indicators (GDP per capita, investment, value added in industry, agriculture and services, income and savings), and in which areas Croatia showed better or poorer integration results. The article won the award for the best paper in the annual 2021 Prof. Dr. Marijan Hanžeković Trust Competition. Patrik Barišić and Tibor Kovač in the article The effectiveness of the fiscal policy response to COVID-19 through the lens of short and long run labor market effects of COVID-19 measures analyse the effectiveness of fiscal measures, such as various subsidies and incentives, applied by EU members, including Croatia, in the first half of 2020 in the midst of the corona crisis, and how these measures affected short-term unemployment trends and potential GDP in the long run. The article won the award for the best student category paper in the annual 2021 Prof. Dr. Marijan Hanžeković Trust Competition. Enja Erker in the article The impact of regulator's statement requesting EU insurers to suspend dividend distributions due to the COVID-19 pandemic on share prices examines the impact of this statement, a recommendation requesting EU insurers to temporarily suspend dividend distributions due to the COVID-19 pandemic on share prices of insurance companies in order for them to maintain a high level of capitalisation and allow them to pay compensation for any damage incurred during the crisis. Tihana Škrinjarić in the article Macroeconomic effects of systemic stress: a rolling spillover index approach researches the changing interaction between systemic risk and selected macroeconomic variables with the main focus on gaining better insight into the reactions of the real economy and the realization of systemic risk in different economic conditions. Eva Lorenčič and Mejra Festić in the article The impact of macroprudential policy on financial stability in selected EU countries empirically examine the impact of selected macroprudential policy instruments on the financial stability of the six euro area economies using panel econometrics research methods. Dubravko Mihaljek brings a book review of Rebellion, Rascals, and Revenue: Tax Follies and Wisdom through the Ages by Michael Keen and Joel Slemrod.


Public Sector Economics Conference
The Institute of Public Finance and Friedrich Ebert Stiftung are organizing the annual virtual Public Sector Economics 2022 Conference – Ageing and Long-Term Care to be held on October 21, 2022. The goal of the conference is to analyse the current state of long-term care around the world and provide new policy options for tackling challenges that population ageing will bring to long-term care. 

Additional information is available at the conference website.


Local budget transparency
On July 5, 2021 the Institute of Public Finance presented the results of the seventh annual research cycle of the budget transparency of all 576 Croatian local governments. 

To make the results more accessible and easier to read, the Institute published an interactive map that shows the status of each local government unit.


IPF Notes
In the IPF Notes, Marijana Bađun and Ivica Urban have published the analysis National benefit for the elderly in which they explore why the number of beneficiaries is lower than expected.

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