The aim of this paper is to construct a quarterly inflation model for Croatia. In order to model inflation dynamics se use the general-to-specific approach. The advantage of this approach is its ability to deliver results based on underlying economic theories of inflation, which are also...

In this paper we asses the ability of alternative time series models to produce accurate fiscal revenue forecasts in a transition country and compare them to offi cial forecast. We take on a disaggregated approach and estimate separate models for seven revenue sources. Alternative time series...