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New issue of Public Sector Economics
Published: December 14, 2018

In the new issue of Public Sector Economics, you can read an article by Vladimir Arčabić Fiscal convergence and sustainability in the European Union, which analyses fiscal convergence and sustainability in the EU using data on government debt, revenues and expenditures. The article won the first prize in the regular category of the 2018 Prof. Dr. Marijan Hanžeković Trust competition. Ozana Nadoveza Jelić and Margareta Gardijan Kedžo in the article Efficiency vs effectiveness: an analysis of tertiary education across Europe deal with tertiary education efficiency and effectiveness across 24 European Union countries in four sub-periods between 2004 and 2015. Ivana Draženović, Marina Kunovac and Dominik Pripužić in the article Dynamics and determinants of emigration: the case of Croatia and the experience of new EU member states analyse the emigration flows from Croatia and other new EU member states to the core EU countries after their EU accession. Branko Stanić in the article Determinants of subnational budget/fiscal transparency: a review of empirical evidence provides a review of empirical research on the factors determining the budget/fiscal transparency of subnational governments. Predrag Bejaković reviews a United Nations’s report Working Together: Integration, Institutions and the Sustainable Development Goals, World Public Sector Report 2018.

Presentation of results – microsimulation model of the Croatian system of taxes and social benefits
Published: December 12, 2018

The Institute of Public Finance hosted a presentation of results from the research project Application of Microsimulation Models in the Analysis of Taxes and Social Benefits in Croatia, financed by the Croatian Science Foundation. Microsimulation models of the fiscal system simulate personal income taxes, social security contributions and social benefits. These models enable an ex ante evaluation of a potential reform of fiscal instruments and its effects on the distribution of disposable income, work incentives as well as budgetary revenue and expenditure. As opposed to other EU countries, where the microsimulation models are regularly utilised in the analyses of taxes and social benefits, these models have been only recently introduced in Croatia. Therefore, a microsimulation model of the Croatian system of taxes and social benefits (miCROmod) was developed within the project. Also, miCROmod has been employed in the analyses of personal income tax, child benefits, making work pay instruments and local social benefits in Croatia.

The results of the research were presented by Slavko Bezeredi (Institute of Public Finance), Martina Pezer (Institute of Public Finance), Ivica Rubil (The Institute of Economics Zagreb) and the project leader Ivica Urban (Institute of Public Finance).


Public Sector Economics Conference
The Institute of Public Finance and Friedrich Ebert Stiftung are organizing international conference Public Sector Economics 2019 – Wealth and property taxation: where do we stand? on 24 October 2019 in Zagreb, Croatia. Detailed information is available at the conference web site.

Local budget transparency
On 2nd July 2018 the Institute of Public Finance presented the results of the fifth cycle of budget transparency research in 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 Newsletter entitled Budget outturns of Croatian municipalities, cities and counties for 2017, Katarina Ott, Mihaela Bronić and Branko Stanić are presenting the basic data on the budget outturns of all Croatian local government units for 2017, i.e. revenues and expenditures, surpluses or deficits (per capita and in total). The tables additionally provided in the Excel format, allow all interested parties to get acquainted with the fiscal condition of all local government units in 2017 and make relevant comparisons with the situation in 2016, 2015 and 2014.

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