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Entrepreneurship is considered to be one of the essential factors of economic growth and entrepreneurship policy is considered to be a significant contributor to the regional economic development. The aim of the presen...

The aim of this paper is to analyze the effects of discretionary measures of fiscal policy on the economic activity and to estimate the size of fiscal multipliers in Croatia. Econometric framework is based on the structu...

The aim of this paper is to test the impacts of oil price increases on monetary policy implementation in the largest oil importers. For that purpose, we estimate structural vector error correction (SVEC) models to sh...

The global economic crisis has not spared the countries of the Western Balkans. The ensuing recession, characterized by a decline in economic activity, a decline in consumption and an increase in unemployment, went hand ...

The main goal of the paper is to estimate the NAIRU for Croatian economy and to discuss the implications of this indicator. The paper provides time-varying estimates of the NAIRU for 2000q1-2011q1 period, which were obta...

The purpose of this paper is to investigate the determinants of sovereign bond market liquidity across EU member states, with particular attention to the role of market size. Using panel data for 26 EU countries over the...