EconPapers    
Economics at your fingertips  
 

Fiscal Multipliers for Bosnia and Herzegovina

Dragana Stanišic and Belma Hadžihalilovic-Kasumovic

No 23-2017, IHEID Working Papers from Economics Section, The Graduate Institute of International Studies

Abstract: The aim of this paper is to determine the size of fiscal multipliers (spending and tax multipliers)using a structural vector autoregressive model for Bosnia and Herzegovina (BiH). This is the first attempt of its kind for the BiH economy. The results show that the spending multiplier is higher than the tax multiplier, as expected. The tax multiplier has a negative effect on output and does not have any positive effects on other variables. The spending multiplier has positive effects, but they are limited to the first year after the shock. Both multipliers are within the set of values obtained in other studies on emerging economies.

Pages: 22 pages
Date: 2017-12
New Economics Papers: this item is included in nep-mac
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://repec.graduateinstitute.ch/pdfs/Working_papers/HEIDWP23-2017.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gii:giihei:heidwp23-2017

Access Statistics for this paper

More papers in IHEID Working Papers from Economics Section, The Graduate Institute of International Studies Contact information at EDIRC.
Bibliographic data for series maintained by Dorina Dobre ().

 
Page updated 2020-01-26
Handle: RePEc:gii:giihei:heidwp23-2017