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Educational programme on labour supply models
Published: May 9, 2017

From 3 to 5 May 2017, an educational programme „Labour Supply Modelling Based on the Theory of Discrete Choice” was held at the Institute of Public Finance. The programme was conducted by the institute Oslo Fiscal Studies (University of Oslo), with Professor John K. Dagsvik (Statistics Norway and Oslo Fiscal Studies) as the lecturer. Labour supply models simulate changes in labour supply behaviour as a result of changes in the tax-benefit system, wage rates and different socio-demographic variables. These models are increasingly used for ex-ante evaluations of the impact of various policy reforms on labour supply.

The participants have learnt about the traditional static labour supply models, elements of the discrete choice theory and labour supply models based on the discrete choice framework. Furthermore, various examples of applications of labour supply models were shown and the literature review in this area was provided.

Educational program was organised within the project Application of Microsimulation Models in the Analysis of Taxes and Social Benefits in Croatia, which is carried out by researchers of the Institute of Public Finance, and funded by the Croatian Science Foundation (UIP-2014-09-4096).

Public Sector Economics 2017 Conference
Published: April 13, 2017

The Institute of Public Finance and Friedrich Ebert Stiftung are organizing a research and policy conference Public Sector Economics 2017 – Public investment: catalyst for sustainable growth. The conference will cover a broad range of topics including, but not limited to, conditions under which raising public investment can sustainably lift growth, and the associated implications for public finances and debt. We invite submission of theoretical, empirical and policy papers on macro-fiscal analysis, public debt, productivity growth, R&D, infrastructure and investment financing, public sector governance, energy and resource economics, transportation, education, health care, culture, urban and housing development, adaptation to climate change, public sector transparency, accountability and public participation, etc., in both advanced and emerging market economies and both at the national and the sub-national levels of government. Detailed information, is available at the conference web site.


Local budget transparency
On 5th July 2016 the Institute of Public Finance presented the budget transparency research results for all 576 Croatian local government units (counties, cities and municipalities).

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.

In the new Newsletter entitled Budget transparency in Croatian local government units - employees’ views, Katarina Ott and Mihaela Bronić present a survey conducted among employees in Croatian local government units  which may help in identifying the factors that promote (or hinder) local budget transparency. Results of this survey showed that the local government units were generally more satisfied with their levels of transparency than they should be, given the actual results. They believed that neither the public nor legislation required that they should publish more budget information. Moreover, the survey revealed inadequate administrative capacity and overload of other tasks in many cities and municipalities, highlighting once again the question of the purpose and sustainability of current number of local government units.

In the new Fiscus entitled The Gas Sector in the Republic of Croatia - Liberalisation and Financial Operations, Anto Bajo, Marko Primorac and Dijana Jurinec have analysed business operations of 100 companies in the gas sector and emphasized significant changes in the market structure.

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