Nikola Tasić

Nikola Tasić holds MA and PhD in economics from Andrew Young School of Policy Studies, Georgia State University and BS in economics from San José State University. Dr. Nikola Tasić works as a research associate at the Governance Monitoring Association and as head of forecasting and macroeconomic modeling at Dr. Tasić has worked as the assistant professor of public finance and econometrics at the Faculty of State Administration—Belgrade and as the visiting professor at the Facutly of International Economics, Belgrade, Serbia. Prior to that, he has worked as the senior economist at the National Bank of Serbia and as the research associate in the Fiscal Research Center, Atlanta, USA. Dr. Tasić also has experience as the consultant in the private sector. He has published in the Journal of Comparative Economics, Eastern European Economics, and numerous local journals. His research interests are international finance and applied econometrics.


On the current page you can find a list of publications and latest working papers with links to web pages, PDF, and data files.

You can download a copy of my PhD dissertation and vita.


If you have any questions or comments regarding the research or data presented here, please email them to


Working Papers

The Determinants of Long-Term Credit across Countries (with Neven Valev).

Domestic Finance, External Finance, and Growth in 173 Countries (with Neven Valev).

Fear of Commitment: Weak Institutions and the Prevalence of Short-term International Capital (with Neven Valev and Tamara Bašić Vasiljev).

Funding for the Long Run: Liquidity Transformation, Cost of Banking, and Economic Growth (with Neven Valev).

Political Determination of Intergovernmental Transfers: Evidence from a Transition Country.

Let's Tax the Monopoly.


Publications in English

The provision of long-term financing in the transition economies (with Neven Valev), Journal of Comparative Economics, June 2010, 38 (2): 160-172.
Published version; Working paper; Data.

Food Price Convergence and Trade in the Balkans, Eastern European Economics, March-April 2007, 45(2): 6-22.
Published version; Working paper.


Publications in Serbian

Dinar, Balkanico or Euro: A VAR Analysis of Optimum Currency Area (with Vladimir Vučković), Proceedings: 7th International Scientific Conference Dealing with the Global Economic Crisis by Companies and Economies, November 2009: 345-356.
Working paper; Data.

Maturity Structure of Cross-Border Sources of Finance in Transition Countries (with Vladimir Vučković), Poslovna politika, 2009, 38 (5-6): 17-20.
Published version; Working paper.

The adjustment of Serbian prices: The effects of import prices and exchange rate, Tržište, novac, kapital, 2009, 42 (3): 67-77.
Published version; Working paper; Data.

Monetary Integration in the Region: Mission Impossible and/or Mission Undesirable? (with Vladimir Vučković), Izazovi evropskih integracija, July 2009, 6: 4-12.
Published version; Working paper; Data.

Monetary Policy and Economic Recovery (with Miroslav Zdravković and Boško Živković), book chapter in Banks, Capital Markets, Insurance and Leasing Companies in Serbia, Economist: Belgrade, 2009.

Perspectives of monetary cooperation in Southeast Europe: Common currency, fixed exchange rate or status quo (with Vladimir Vučković), Tržište, novac, kapital, 2009, 42 (2): 31-43.
Published version; Working paper; Data.

Long-run Exchange Rate Sensitivity of Serbian Exports and Imports (with Miroslav Zdravković), Makroekonomske Analize i Trendovi, 2008.
Working paper.

Interest Rate Transmission in a Dollarized Economy: the Case of Serbia (with Milan Aleksić, Ljiljana Djurdjević, and Mirjana Palić), National Bank of Serbia Working Paper 15, ISBN: 978-86-85277-11-5, September 2008.
Published version; Data.

Efficiency of Reserve Requirements as a Monetary Policy Instrument (with Mirjana Palić), Bankarstvo, 2008, 37(7-8): 28-41.
Published version; Working paper; Data.



Consumption Dynamics in Serbia: What Causes and What Reduces Poverty? (with Milan Aleksić), February 2009.
Working paper.

Revenue Sources of State and Local Governments, Fiscal Research Center Report 165, September 2007.
Published version.

Economic Impact of the Commercial Music Industry in Atlanta and the State of Georgia: New Estimates (with Sally Wallace), Fiscal Research Center Report 159, August 2007.
Published version.

Forecasting Pre-K Enrollment in Georgia Counties (with Sally Wallace), Fiscal Research Center Report 152, April 2007.
Published version.