000			02025nam a22002777u 4500
001			pwiiw3178
003			OSt
005			20260518120109.0
008			130224t2013 au ||||| |||| 00| ||eng d
040			_cOSt
041			_aeng
100	1		_aEfendic, Adnan
245	1	0	_aEffects of the global economic crisis and public spending on income distribution in Bosnia and Herzegovina
260			_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2013.
490	1		_awiiw Balkan Observatory Working Papers _v108
520			_aThis research focuses on the relationship between public spending and income distribution in Bosnia and Herzegovina (BiH). In our empirical strategy we rely on a unique survey data used to establish a proxy for inequality over the observed period 2000-2010. In addition, we investigate the consequences of contemporary global economic and financial crisis on income distribution. We find indications that the global economic crisis, with its BiH onset in 2009-2010, has increased income inequality in BiH. Our findings also imply that increased public spending and improvement in the quality of institutions in BiH were supportive in reducing income inequality over the observed period. After examining several institutional indicators, we identify a particular importance of political stability in BiH as a determinant of income distribution. Disaggregated analysis of public spending by functional and economic categories revealed that higher expenditures for social protection and capital spending are associated with lower income inequality. Contrary, higher expenditures for education are linked with higher income inequality.
650			_aIncome distribution
650			_ainequality
650			_apublic spending
650			_aBosnia and Herzegovina
651			_aBosnia and Herzegovina
700	1		_aTrkic-Izmirlija, Naida
830		0	_v108 _wWIIW0000140 _twiiw Balkan Observatory Working Papers
856	4	0	_uhttps://wiiw.ac.at/p-3178.html
942			_cP _2z
999			_c8780 _d8780