At a joint seminar of the Institute of Public Finances and the Croatian National Bank (HNB) held in Zagreb on 1 February 2024, Dubravko Mihaljek (Bank for International Settlements) and Frane Banić, Dominik Ivan Pripužić and Pave Rebić (HNB) presented an analytical overview of the effects of inflation on public finances and an empirical study on the effects of inflation on fiscal positions in Croatia. The presentations were based on their papers published in a thematic issue of the journal Public Sector Economics (no. 4/2023) entitled Inflation and public finances in the 2020s.
The last time inflation and public…