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FIP is an open access journal.

All of the articles published in FIP are available online and in print form. They are available to the general public and are open to use. Users can download, read, print, distribute the content free of charge and without the prior permission of the author or the journal. Use for commercial purposes in not allowed, sale of the material published in FIP or any kind of monetary compensation for access to articles published in FIP are not allowed. Plagiarism is not allowed and authors should have their publications acknowledged with appropriate citation.

FIP accepts original papers which have not been submitted to any other journal.

Submission should be made online to referada@effectus.com.hr in word document and formatted according to FIP specifications.

FIP does not charge any fees.


FIP has double blind review process. Reviews are done either by editors or international reviews. The process of review is done in a timely manner (under 2 months) and observes highest ethical and professional standards.
Authors, editors and reviews should inform Editor in chief if there is a conflict of interest. Effectus as an institution of higher education has a clear mission and observes highest ethical standards. Once the paper has been submitted it is understood the paper is original work of the authors and does not infringe on any intellectual properties.

Plagiarism of infringement of copyright or any intellectual properties is not allowed. In case of plagiarism author’s employer will be informed and public announcement on the FIP website will be made with a clear proof of plagiarism. In case paper does get publish and it is determined it is plagiarism or it has been also published in another journal Effectus reserves the right to undertake any legal means to restore the honor and reputation of FIP as a scientific and professional journal.


All papers should be in English language. In case the article is submitted in another language it can be considered for review process, but only papers in English can be published. In case a paper not written in English receives positive review it will have to be translated into English at the cost of the author.

First page of the paper should contain: title, abstract, at least three keywords, at least three JEL classification codes http://www.aeaweb.org/journal/jel_class_system.html names of authors and professional affiliations of the authors.

Also a corresponding author should be clearly noted.

Papers should be written in Microsoft Word .docx or .doc format, in Times New Roman, font size 12, line spacing 1.5. The margins should be 2,5 cm.

FIP does not place restrictions on the size of the papers, but authors should limit their papers to 35 pages of text (tables , graphs, references included) given the above formatting specifications.

For the simplicity of publication tables should be formatted as text, not as pictures. During the process of publication it is possible for the editors to request the original data in order to create graphs and tables in the final print version of the journal.

Tables and graphs should be a part of the document and not in a separate document. All tables and graphs should be put within the text. Complex model simulation can be put at the end of the paper. If graphs and figures are placed at the end of the paper, they should be placed after bibliography. When explaining a certain table and/or graph from the paper, the number of the table and/or graph must be indicated, e.g. In table 1 it is notable that… (avoid using “above”, “below”, etc.).

Referencing style

The list of references, cited alphabetically by author surname, is placed at the end of the paper. The references should be cited according to the Harvard Style of Referencing, available at: http://education.exeter.ac.uk/dll/studyskills/harvard_referencing.htm

References should be cited according to the template, e.g.:

Book with one author

Friedman, M. (1957) A Theory of the Consumption Function, 1957. Princeton University Press

Book with two authors

Adda, J. and Cooper, R. (2003) Dynamic Programming: Theory and Macroeconomic Applications, MIT Press

Book with three or more authors

Lucas, R., Stokey, N. and Prescott, E. (1989) Recursive Methods in Economic Dynamics Cambridge, Mass. Harvard University Press.

Book by same author in the same year

Hansen, L. P and Sargent, T. (2005a). ‘Certainty Equivalence’ and ‘Model Uncertainty’. Models and Monetary Policy: Research in the Tradition of Dale Henderson, Richard Porter, and Peter Tinsley. Editors Faust, J., Orphanides, A. & Reifschneider D. Board of Governors Federal Reserve System 2005.

Hansen, L. P and Sargent, T. (2005b). Robust Estimation and Control under Commitment.

Journal of Economic Theory 124(2) 248–301.

Book with an editor

Faust, J., Orphanides, A. and Reifschneider D. (ed.) (2005) Models and Monetary Policy: Research in the Tradition of Dale Henderson, Richard Porter, and Peter Tinsley. Board of Governors Federal Reserve System.

If you have used a chapter in a book written by someone other than the editor

Ball, L. and Sheridan, N. (2005) Does Inflation Targeting Matter?, in Bernanke, B. and Woodford M. (ed.) The Inflation Targeting Debate, University of Chicago Press

Books with an anonymous or unknown author

The University Encyclopedia (1985) London: Roydon.

Journal article with both volume and issue number

Aghion, P., Bacchetta, P., Rancière, R. and Rogoff, K (2009) Exchange rate volatility and productivity growth: The role of financial development. Journal of Monetary Economics vol. 56, no 4, pages 494-513,

Government publications

Department for Education and Employment (DfEE), (2001) Skills for life: The national strategy for improving adult literacy and numeracy skills, Nottingham: DfEE Publications.

Conference papers

Cota, B., Bahovec V. and Erjavec, N. (2005) ‘The Analysis of Croatian Export Functions: Evidence Based on Exchange Rate Volatility’ Proceedings of the 10th International Conference on Operational Research – KOI 2004 Osijek, University of Osijek, Department of Mathematics; Croatian Operational Research Society, pages 213-222

Newspaper articles

Cumming, F. (1999) ‘Tax-free savings push’, Sunday Mail, 4 April, p. 1.

Electronic sources:

E-books and pdfs

Croatian national bank, 2013. Bulletin 1999 [pdf ] Available at: [Accessed 20 January 2014].

Government publications

Ministry of science, education and sports, (2013) National strategic development plan, Zagreb: MSED Publications.

Legal acts

Local and Regional Self-Government Act, Narodne novine br. 33/01, 60/01, 106/03, 129/05, 109/07, 125/08, 36/09