Narrow search
Showing 1 - 10 of 147
Cover Image
Optimal fiscal policy in the presence of VAT evasion: the case of Bulgaria
Vasilev, Aleksandar - 2016
This paper explores the effects of fiscal policy in an economy based on indirect taxes, and in the presence of VAT evasion channel. In addition, the government is taxing all income at the same rate. The focus of the paper to compare and contrast two regimes - the exogenous (observed) vs. optimal...
Persistent link: https://www.econbiz.de/10011561994
Cover Image
Administrating and Financing the Health Care System in Bulgaria
Vasilev, Aleksandar; Kocharkov, Georgi - 2010
This paper describes the main directions of development in administrating and financing the Bulgarian health care system in recent years. It also provides analysis of the major issues endangering the smooth operation of the reforming health care system.
Persistent link: https://www.econbiz.de/10011611154
Cover Image
A Real-Business-Cycle model with reciprocity in labor relations and fiscal policy: the case of Bulgaria
Vasilev, Aleksandar - 2017
rigidity that results out of that arrangement ex- plains business cycle fluctuations in Bulgaria. The reciprocity mechanism …-shirking type that empha- size the importance of aggregate labor market conditions as the main determinant in wage setting, e …-a-vis data, especially along the labor market dimension, and in addition dominates the market-clearing labor market frame- work …
Persistent link: https://www.econbiz.de/10011622575
Cover Image
Business cycles in Bulgaria and the Baltic countries: an RBC approach
Vasilev, Aleksandar - In: International Journal of Computational Economics and … 1 (2009) 2, pp. 148-170
This paper explores the business cycle in Bulgaria and the Baltic countries: Estonia, Latvia and Lithuania during the … crucial for the output performance throughout the period in Bulgaria and the Baltic countries, a finding that has important …
Persistent link: https://www.econbiz.de/10011484209
Cover Image
Business Cycles in Bulgaria and the Baltic Countries: An RBC Approach
Vasilev, Aleksandar - 2006
This paper explores the business cycle in Bulgaria and the Baltic countries: Estonia, Latvia and Lithuania during the … crucial for the output performance throughout the period in Bulgaria and the Baltic countries, a finding that has important …
Persistent link: https://www.econbiz.de/10011487007
Cover Image
The "Armey Curve" in Bulgaria (2000-18): Theoretical Considerations and Empirical Results
Vasilev, Aleksandar - 2019
Keynesian model that generates an Armey curve for Bulgaria. …
Persistent link: https://www.econbiz.de/10011985451
Cover Image
Are habits in consumption important for the propagation of business cycle fluctuations in Bulgaria?
Vasilev, Aleksandar - In: Central European Journal of Economic Modelling and … 11 (2019) 3, pp. 133-151
cyclical fluctuations in Bulgaria. Allowing for internal habits in household's consumption improves the model performance … be taken into consideration when analyzing the effects of different policies in Bulgaria. In addition, we also …
Persistent link: https://www.econbiz.de/10012029995
Cover Image
How important are consumer confidence shocks for the propagation of business cycles in Bulgaria?
Vasilev, Aleksandar - 2019
, as the household values consumption more in that scenario. As a test case, the model is calibrated to Bulgaria after the …
Persistent link: https://www.econbiz.de/10012105150
Cover Image
Endogenizing Total Factor Productivity: The Foreign Direct Investment channel in the case of Bulgaria (2004-2013)
Pesheva, Milena; Vasilev, Aleksandar - In: South-Eastern Europe Journal of Economics 15 (2017) 2, pp. 127-145
Bulgaria for the period 2004-2013. As predicted by theory, a positive relationship between TFP and FDI is documented. The …
Persistent link: https://www.econbiz.de/10011690524
Cover Image
Is consumption-Laffer curve hump-shaped? The VAT evasion channel
Vasilev, Aleksandar - In: Journal of Economics Studies 45 (2018) 3, pp. 598-609
This paper shows a standard RBC model, when augmented with a VAT evasion channel, where evasion depends on the consumption tax rate, can produce a hump-shaped consumption La ffer curve. Furthermore, when the evasion channel is turned off , the hump in the Laff er curve disappears, resulting in a...
Persistent link: https://www.econbiz.de/10011738697