Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic
Inflation was a growing problem during the 1960’s and the 1970’s in Iceland. Inflation represents a problem for any entity that tries to write up a budget, whether an individual, a company or a governmental entity. Many governmental entities do not have right to spend money unless what has been pres...
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Language: | English |
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Institute of Business Research
2008
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Online Access: | http://www.efnahagsmal.is/article/view/a.2008.6.2.8 https://doi.org/10.24122/tve.a.2008.6.2.8 |
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fticelandunivojs:oai:ojs.hi.is:article/2291 2023-05-15T16:46:48+02:00 Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic Matthíasson, Þórólfur 2008-12-15 application/pdf http://www.efnahagsmal.is/article/view/a.2008.6.2.8 https://doi.org/10.24122/tve.a.2008.6.2.8 eng eng Institute of Business Research http://www.efnahagsmal.is/article/view/a.2008.6.2.8/pdf http://www.efnahagsmal.is/article/view/a.2008.6.2.8 doi:10.24122/tve.a.2008.6.2.8 ##submission.copyrightStatement## Research in applied business and economics; Árg. 6, Nr 2 (2008); 71-82 Tímarit um viðskipti og efnahagsmál; Árg. 6, Nr 2 (2008); 71-82 1670-4851 1670-4444 Municipalities budgeting Inflation budgeting Expectation formation E31 E37 H68 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 2008 fticelandunivojs https://doi.org/10.24122/tve.a.2008.6.2.8 2022-09-21T13:40:41Z Inflation was a growing problem during the 1960’s and the 1970’s in Iceland. Inflation represents a problem for any entity that tries to write up a budget, whether an individual, a company or a governmental entity. Many governmental entities do not have right to spend money unless what has been prescribed in the budget. The purpose of this paper is to map out how inflation affected different parts of municipality budgets in Iceland during the 1960’s and the 1970’s. Furthermore, to look at how well budget makers in the Icelandic municipality sector managed the task of forecasting inflation during the high inflation period of the 1970s. Article in Journal/Newspaper Iceland University of Iceland: Peer Reviewed Journals Tímarit um viðskipti og efnahagsmál 6 2 71 |
institution |
Open Polar |
collection |
University of Iceland: Peer Reviewed Journals |
op_collection_id |
fticelandunivojs |
language |
English |
topic |
Municipalities budgeting Inflation budgeting Expectation formation E31 E37 H68 |
spellingShingle |
Municipalities budgeting Inflation budgeting Expectation formation E31 E37 H68 Matthíasson, Þórólfur Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic |
topic_facet |
Municipalities budgeting Inflation budgeting Expectation formation E31 E37 H68 |
description |
Inflation was a growing problem during the 1960’s and the 1970’s in Iceland. Inflation represents a problem for any entity that tries to write up a budget, whether an individual, a company or a governmental entity. Many governmental entities do not have right to spend money unless what has been prescribed in the budget. The purpose of this paper is to map out how inflation affected different parts of municipality budgets in Iceland during the 1960’s and the 1970’s. Furthermore, to look at how well budget makers in the Icelandic municipality sector managed the task of forecasting inflation during the high inflation period of the 1970s. |
format |
Article in Journal/Newspaper |
author |
Matthíasson, Þórólfur |
author_facet |
Matthíasson, Þórólfur |
author_sort |
Matthíasson, Þórólfur |
title |
Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic |
title_short |
Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic |
title_full |
Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic |
title_fullStr |
Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic |
title_full_unstemmed |
Adapting Budgetmaking to Inflation, Icelandic Municipalities in a Volatile Economic |
title_sort |
adapting budgetmaking to inflation, icelandic municipalities in a volatile economic |
publisher |
Institute of Business Research |
publishDate |
2008 |
url |
http://www.efnahagsmal.is/article/view/a.2008.6.2.8 https://doi.org/10.24122/tve.a.2008.6.2.8 |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
Research in applied business and economics; Árg. 6, Nr 2 (2008); 71-82 Tímarit um viðskipti og efnahagsmál; Árg. 6, Nr 2 (2008); 71-82 1670-4851 1670-4444 |
op_relation |
http://www.efnahagsmal.is/article/view/a.2008.6.2.8/pdf http://www.efnahagsmal.is/article/view/a.2008.6.2.8 doi:10.24122/tve.a.2008.6.2.8 |
op_rights |
##submission.copyrightStatement## |
op_doi |
https://doi.org/10.24122/tve.a.2008.6.2.8 |
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Tímarit um viðskipti og efnahagsmál |
container_volume |
6 |
container_issue |
2 |
container_start_page |
71 |
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1766036898789195776 |