Phone:+381 11 3021 183




PhD – 2012, Faculty of Economics – University of Belgrade

Маster’s degree – 2008, Faculty of Economics – University of Belgrade

Diploma – 2005, Faculty of Economics – University of Belgrade

Awards, grants, certificates, memberships, corporate / public service

Since October 2015 Saša Ranđelović is vice dean for finance and international relations, at the Faculty of Economics – University of Belgrade.

Saša Ranđelović won the prize for the best PhD thesis in economics in Serbia in 2011- 2012, awarded by the Scientific Association of Economists of Serbia (thesis title: “Analysis of Economic Effects of Alternative Income Tax Models: Evidence From Serbia”)

During his PhD studies, Saša spent some time at the Catholic University of Leuven in 2010, based on the Join EU-SEE scholarship. Saša was awarded by the US State Department with the International Visitors Leadership Program fellowship (“US Financial System and Global Economy”), based on which he visited numerous academic, government and financial institutions in the USA, in March 2014.

Saša Ranđelović has received the award from the National Alliance for Local Economic Development for substantial expert contribution to the economic reforms in Serbia in 2014.

Saša is member of the International Fiscal Association (Serbian affiliate) and the Scientific Association of Economists of Serbia.

From September 2013 to July 2014 Saša was engaged as high level fiscal policy advisor to the Minister of Finance of Serbia. From 2009 to 2015 Saša was participating in several working groups for fiscal system reforms (on fiscal rules, personal income tax, local governments financing, charges for usage of public goods, etc.), established by the Ministry of Finance. Saša was also engaged on several projects as external consultant to the Fiscal Council of Serbia. Saša is executive editor of the Quarterly Monitor of Economic Trends and Policies in Serbia, published by FREN.

After graduation Saša was working in KPMG Belgrade tax advisory department (from January 2006 to November 2007).

Fields of teaching and research

Public finance, taxation, inequality, microsimulation, shadow economy, fiscal policy

Courses taught

Public finance (undergraduate) and Intermediate public finance (master)

Key references (publications and projects)


Formalizing the Shadow Economy in Serbia: Policy Measures and Growth Effects, (co-author with Schneider, F., Krstić, G., Arsić., M., Arandarenko, M., Radulović, B. and J. Janković), Springer Verlag, Germany, 2015

Tax Design-Tax Evasion Relationship in Serbia: New Empirical Approach to Standard Theoretical Model, Industry, Vol. 43(1): 2015, pp. 73-89

Distributional and Poverty Outcomes of the New Social Welfare Law in Serbia, chapter in the book “Poverty and Inclusion in Western Balkans– New Directions in Measurement and Policy”, 2013, Eds. Ruggeri Laderachi, C. and S. Savastano, Springer, the Netherlands (co-author with Arandarenko, M., Avlijaš, S., Vladisavljević, M. and J. Žarković-Rakić)

Improving Working Incentives: Evaluation of Tax Policy Reform Using SRMOD, International Journal of Microsimulation, Vol. 6(1): 2013, pp. 157-176 (co-author with J. Žarković-Rakić)

The Estimation of Tax-Benefit Automatic Stabilizers in Serbia: a Combined Micro-Macro Approach, Economic Annals, No. 198: 2013, pp. 61-87

Would Economic Recovery Imply Fiscal Stabilization in Serbia? Journal of Business Economics and Management, No. 3-4: 2013, pp. 222-237 (co-author with Arsić, M. and A. Nojković)

Strukturni fiskalni deficit i dinamika javnog duga Srbije (Structural Fiscal Deficit and Public Debt Dynamics in Serbia), 2012, Publishing Center of the Faculty of Economics – University of Belgrade, Serbia (co-author with M. Arsić, A. Nojković and S. Mićković)

Saša was co-editor of the translation of the textbook Public Finance (authors: Harvey Rosen and Ted Gayer), from English to Serbian. The translated textbook is published by the Publishing Center of the Faculty of Economics – University of Belgrade


Risks of Financial Institutions and Markets in Serbia – Microeconomic and Macroeconomic Approach, Ministry of education, science and technological development and Faculty of Economics -University of Belgrade (2011 – )

Sustainable Financing for Sustainable Agriculture (SUFISA), HORIZON 2020, European Commission (University of Belgrade – Faculty of Economics as part of the consortium led by the KU Leuven), 2015-

Reduction of Child poverty in Serbia: Balancing Between Improved Cash-transfers and Policies that Promote Parental Employment, Partnership for Economic Policy Project, 2015-2016

Shadow Economy in Serbia – New Findings and Policy Recommendations, FREN and USAID, 2013

Econometric Estimation of Structural Fiscal Deficit in Serbia, FREN, USAID and the Ministry of Finance of Serbia, 2012

Behavioural Microsimulation Model With Discrete Labour Supply: an Ex-ante Evaluation of In-Work Benefits in Serbia, FREN and RRPP, 2012-2013

Reform of Recurring Property Taxation in Serbia: Results and Perspectives, FREN and GIZ (2012)

Development of Tax and Benefit Microsimulation Model for Serbia (SRMOD) and Macedonia (MKMOD), FREN 2009-2012

Growth Enhancing Reform of Corporate Income Tax in Serbia, paper published as part of the wider study “Tax Policy in Serbia –Looking Forward”, USAID and FREN, Belgrade (2010)