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New issue of Public Sector Economics
Published: June 7, 2021

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. 

Budget outturns of Croatian municipalities, cities and counties for 2018 and 2019
Published: January 26, 2021

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.


Public Sector Economics Conference
The Institute of Public Finance and the Friedrich Ebert Stiftung, supported by the International Budget Partnership, Washington and Croatian Science Foundation, are organizing a conference Does fiscal openness pay off? The political and socio-economic effects of transparency, participation and accountability. Detailed information (including the call for papers) is available at the conference web site.

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.


Press release
In 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.

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