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Lending of first versus lending of last resort: The Bulgarian financial crisis of 1996/1997
Berlemann, Michael; Nenovsky, Nikolay - 2003
In 1996/1997 Bulgaria was hit by a severe financial crisis, spreading from a banking crisis to a currency crisis … also show how Bulgaria managed to overcome the crisis by introducing a second generation currency board allowing the …
Persistent link: https://www.econbiz.de/10010305440
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Self-Selection and Earnings During Volatile Transition
Dimova, Ralitza; Gang, Ira N. - 2004
Using Bulgarian Integrated Household Surveys for 1995, 1997 and 2001 this paper explores determinants of labor force status – not working, public sector employment, private sector employment and self-employment – and earnings for each of the three employment sectors. We find that while...
Persistent link: https://www.econbiz.de/10010261906
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Entrepreneurship from Scratch: Lessons on the Entry Decision into Self-Employment from Transition Economies
Earle, John S.; Sakova, Zuzana - 1999
This paper exploits the rapid rise in self-employment rates in post-communist Eastern Europe as a valuable ?quasi-experiment? for understanding the sources of entrepreneurship. A relative demand-supply model and an individual sectoral choice model are used to analyze a 1993 survey of 27,000...
Persistent link: https://www.econbiz.de/10010262299
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Self-Selection And Earnings During Volatile Transition
Dimova, Ralitza; Gang, Ira N. - 2004
Using Bulgarian Integrated Household Surveys for 1995, 1997 and 2001 this paper explores determinants of labor force status – not working, public sector employment, private sector employment and self-employment – and earnings for each of the three employment sectors. We find that while...
Persistent link: https://www.econbiz.de/10010263229
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External monetary shocks and monetary integration: Evidence from the Bulgarian currency board
Minea, Alexandru; Rault, Christophe - 2011
Starting July the 1st 1997, Bulgaria adopted a Currency Board (CB) monetary system. This paper aims at investigating if … better (with respect to other CEEC) monetary integration of Bulgaria with the European Monetary Union (EMU). Since Bulgarian … terms of integration of Bulgaria into the EMU. …
Persistent link: https://www.econbiz.de/10010274842
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Revealed informal activity
Dimova, Ralitza; Gang, Ira N.; Landon-Lane, John - 2011
expenditure surveys. We apply this method to the case of Bulgaria using LSMS income and expenditure surveys before and after a …
Persistent link: https://www.econbiz.de/10010278408
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Budget Constraints and Profitability: Evidence from a Transition Economy
Rizov, Marian - 2002
developed. The empirical analysis using data from manufacturing firms in Bulgaria, provides direct estimates of credit rationing …
Persistent link: https://www.econbiz.de/10010313400
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Energy policy in transitional economies: The case of Bulgaria
Foders, Federico - 1993
energy demand faced by the region led to a severe energy crisis. 9 Bulgaria is one of the countries most affected by the … energy crisis in Central and Eastern Europe. Poorly endowed with energy resources, Bulgaria relies largely on international … trade to satisfy its demand for energy. During Bulgaria's membership in the CMEA, energy-intensive growth resulted in a …
Persistent link: https://www.econbiz.de/10010295003
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Den Transformationsfortschritt messen: Die staatliche Einflußnahme auf die Wirtschaftstätigkeit in ausgewählten Transformationsstaaten
Clement, Hermann; Jennewein, M.; Frensch, Richard; … - 1997
Persistent link: https://www.econbiz.de/10010322679