Političke institucije i ekonomska politika: empirijski nalazi
Political Institutions And Economic Policy: Empirical Findings

Summary/Abstract: The paper is an extension of our study on analysis of laws regulating relations between parliament and executive body in carrying out economic, particularly fiscal policy. This time, the influence of parliament to fiscal policy is measured empirically. In difference from results of the previous study, which showed that the Assembly exercised a relatively high influence to fiscal policy, here we show that the situation in practice is opposite - the Government of Serbia has large power in carrying out fiscal policy, whereas the influence of the Assembly of Serbia is negligible. The influence of legislative body is measured through analysis of two (out of six) indicators power of submission of amendments and budget reversion.

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