Short- and medium-term fiscal positions in a high-inflation environment: the case of Croatia

This paper analyses the short- and medium-term effects of high inflation on fiscal developments in Croatia. The main analytical novelty is to add inflation shocks to the fiscal reaction function, an approach that was not considered in macro-fiscal research during the long period of moderate inflatio...

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Bibliographic Details
Main Authors: Frane Banic, Dominik Ivan Pripuzic, Pave Rebic
Format: Article
Language:English
Published: Institute of Public Finance 2023-12-01
Series:Public Sector Economics
Subjects:
Online Access: http://www.pse-journal.hr/upload/files/pse/2023/4/4.pdf