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New issue of Public Sector Economics
Published: December 3, 2020

In the new issue of Public Sector Economics Marko Ledić and Ivica Rubil in the paper Does going beyond income make a difference? Income vs. equivalent income in the EU over 2007-2011 study whether, taking into account non-income dimensions along with income while measuring individual well-being matters for cross-country welfare comparisons. Pirmin Fessler and Martin Schürz in the article Inheritance and equal opportunity – it is the family that matters analyse why is political support for an inheritance tax in Austria rather low. In the paper Immovable property: where, why and how should it be taxed? A review of the literature and its implementation in Europe Doris Prammer surveys the literature on immovable property taxation according to the type of real estate over its life-cycle and according to the type of tax. Eirini Andriopoulou, Eleni Kanavitsa, Chrysa Leventi and Panos Tsakloglou in the article The distributional impact of recurrent immovable property taxation in Greece examine the distributional impact of increased tax rates and new taxes, especially property taxes after debt crises in Greece. In the paper The indebtedness of households up until the economic adjustment programme for Portugal: an empirical assessment José Ricardo Borges Alves and Rita Maria Henriques Pereira examine the relationship between private credit and GDP from 1961 to 2011. Gerasimos T. Soldatos in the article Merit goods and excise taxation in quasilinear markets for complementary private consumption models merit goods such as education and health, in a model in which public goods may be treated as private ones since they are public goods that could have been provided privately. Predrag Bejaković reviews the book The Future of Pension Plans in the EU Internal Market - Coping with Trade-Offs Between Social Rights and Capital Markets (eds. N. da Costa Cabral and N. Cunha Rodrigues).

New Press release
Published: October 15, 2020

In the new issue of Press Releases entitled Impact of the coronavirus on the life and work of European citizens, Predrag Bejaković analyses the new report by the European Foundation for the Improvement of Living and Working Conditions (Eurofound) based on an e-survey carried out in April and July 2020.


Local budget transparency
On July 1, 2020 the Institute of Public Finance presented the results of the sixth 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.


The upper child benefit threshold was increased by 40% in July 2018, but this change did not result in an expected increase in the number of beneficiaries and children receiving the benefit. In anticipation of the new change in the threshold, which could take effect in January 2020, Ivica Urban and Martina Pezer describe in the new Newsletter About Child benefit what child benefit is, how it is calculated, and try to discover possible reasons for the failure of the 2018 measure. One of them is inadequate information provided to potential beneficiaries, hence one of recommendations would be that all parents and guardians should check their eligibility for child benefit.

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