In the new issue of Public Sector Economics Domagoj Šelebaj and Matej Bule in the article Effects of grants from EU funds on business performance of non-financial corporations in Croatia show that the use of EU funds has a strong and positive effect on the observed indicators, such as employment, operating income, labour productivity or total factor productivity and capital intensity. Andrijana Rogošić in the article Public sector cost accounting and information usefulness in decision-making explores implementation of public sector cost accounting as a source of relevant information for politicians and public managers in the decision-making process. Eva Horvat and Mladen Latković in the article Long-term cash flows of mandatory and voluntary pension funds in Croatia and their impact on asset allocation analyse expected liquidity driven changes in asset allocation of Croatian mandatory and voluntary pension funds based on long-term cash flow projections. David Turner and Hermes Morgavi in the article Revisiting the effect of statutory pension ages on participation and the average age of retirement in OECD countries show that grouping countries with similar pension systems can improve the estimates of the effect of changes to these systems. Marta Rodriguez-Vives and Miguel Angel Gavilan-Rubio in the article An overview of the taxation of residential property: is it a good idea? examine the taxation of property in the residential market as a potential revenue-raising tool in public finance. 

In the newsletter entitled Budget outturns of Croatian municipalities, cities and counties for 2018 and 2019, Katarina Ott, Mihaela Bronić, Branko Stanić and Filip Badovinac – based on the Ministry of Finance’s data – present the basic data on their revenue, expenditure, surplus/deficit and budget transparency. The tables provided in the Excel format, allow readers to get acquainted with fiscal condition of their municipalities, cities and counties in  2018-2019 and compare it with previous years (2014-2017) and with other municipalities, cities and counties.