000295955 001__ 295955 000295955 005__ 20250213113216.0 000295955 0247_ $$2doi$$a10.71609/iheid-90s1-0c43 000295955 037__ $$aBOOK 000295955 245__ $$aFiscal multipliers for Bosnia and Herzegovina 000295955 260__ $$aGeneva$$bGraduate Institute of International and Development Studies, International Economics Department$$c2017 000295955 269__ $$a2017 000295955 300__ $$a21 p. : ill. 000295955 336__ $$aPapers and Reports 000295955 490__ $$aGraduate Institute of International and Development Studies Working Paper ; no. 23/2017 000295955 520__ $$aThe 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. 000295955 700__ $$aStanišić, Dragana 000295955 700__ $$aHadžihalilović-Kasumović, Belma 000295955 8564_ $$934d6c2f3-2e29-4d33-b631-4c148a89e837$$s2151133$$uhttps://repository.graduateinstitute.ch/record/295955/files/heidwp23-2017_2.pdf 000295955 901__ $$uInternational Economics Department$$0319285 000295955 909CO $$ooai:repository.graduateinstitute.ch:295955$$pGLOBAL_SET$$pIHEID:Explore