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