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...

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Bibliographic Details
Main Authors: Hlivnjak, Sandra, Laco, Matija
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/339101531463533488/Bosnia-and-Herzegovina-calculation-of-cyclically-adjusted-budget-balance-and-assessment-of-fiscal-policy-stance
http://hdl.handle.net/10986/30117