Artikel

Business Cycle Accounting: Bulgaria after the introduction of the currency board arrangement (1999-2014)

This paper focuses on explaining the economic fluctuations in Bulgaria after the introduction of the currency board arrangement in 1997, the period of macroeconomic stability that ensued, the EU accession, and the episode of the recent global financial crisis. This paper follows Chari et al. (2002, 2007) and performs business cycle accounting (BCA) for Bulgaria during the period 1999-2014. As in Cavalcanti (2007), who studies the Portuguese business cycles, most of the volatility in output per capita in Bulgaria over the period is due to variations in the efficiency and labor wedges.

Sprache
Englisch

Erschienen in
Journal: European Journal of Comparative Economics ; ISSN: 1824-2979 ; Volume: 14 ; Year: 2017 ; Issue: 2 ; Pages: 197-219 ; Castellanza: European Association for Comparative Economic Studies (EACES)

Klassifikation
Wirtschaft
Business Fluctuations; Cycles
Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Thema
Business Cycle accounting
Bulgarian economy
efficiency and labor wedges

Ereignis
Geistige Schöpfung
(wer)
Vasilev, Aleksandar
Ereignis
Veröffentlichung
(wer)
European Association for Comparative Economic Studies (EACES)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(wo)
Castellanza
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Vasilev, Aleksandar
  • European Association for Comparative Economic Studies (EACES)
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Entstanden

  • 2017

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