Bosnia and Herzegovina : Calculation of Cyclically Adjusted Budget Balance and Assessment of Fiscal Policy Stance
What is the real character of fiscal policy? Is it expansionary or restrictive? Is it pro-cyclical or does it have stabilization effects? Policymakers and economic analysts need to be able to ascertain fiscal policy effort. As the actual budget...
Main Authors: | Hlivnjak, Sandra, Laco, Matija |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2018
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/30117 |
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