TY  - GEN
AB  - 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.
AU  - Stanišić, Dragana
AU  - Hadžihalilović-Kasumović, Belma
CY  - Geneva
DA  - 2017
DA  - 2017
DO  - 10.71609/iheid-90s1-0c43
DO  - doi
ID  - 295955
L1  - https://repository.graduateinstitute.ch/record/295955/files/heidwp23-2017_2.pdf
L2  - https://repository.graduateinstitute.ch/record/295955/files/heidwp23-2017_2.pdf
L4  - https://repository.graduateinstitute.ch/record/295955/files/heidwp23-2017_2.pdf
LK  - https://repository.graduateinstitute.ch/record/295955/files/heidwp23-2017_2.pdf
N2  - 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.
PB  - Graduate Institute of International and Development Studies, International Economics Department
PP  - Geneva
PY  - 2017
PY  - 2017
T1  - Fiscal multipliers for Bosnia and Herzegovina
TI  - Fiscal multipliers for Bosnia and Herzegovina
UR  - https://repository.graduateinstitute.ch/record/295955/files/heidwp23-2017_2.pdf
Y1  - 2017
ER  -