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Business cycles in Bulgaria and the Baltic Countries : an RBC approach
Vasilev, Aleksandar - 2016
). Both the model and data series show that the major drop in output was due to productivity. In addition, the timing of the …
Persistent link: https://www.econbiz.de/10011514583
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Business cycles in Bulgaria and the Baltic countries : an RBC approach
Vasilev, Aleksandar - 2009
and data series show that the major drop in output was due to productivity. In addition, the timing of the banking reforms …
Persistent link: https://www.econbiz.de/10011487452
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Business cycles in Bulgaria and the Baltic countries : an RBC approach : International Conference on Applied Economics - ICOAE 2008
Vasilev, Aleksandar Zdravkov - 2008
and data series show that the major drop in output was due to productivity. In addition, the timing of the banking reforms …
Persistent link: https://www.econbiz.de/10011488506
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Business cycles in Bulgaria and the Baltic countries : an RBC approach
Vasilev, Aleksandar Zdravkov - In: International journal of computational economics and … 1 (2009) 2, pp. 148-170
Persistent link: https://www.econbiz.de/10003984945
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An RBC model with non-Ricardian households : lessons for Bulgaria (1999-2018)
Vasilev, Aleksandar - In: Journal of economics & development : JED 23 (2021) 1, pp. 34-46
Persistent link: https://www.econbiz.de/10012618170
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An RBC model with investment-specific technological change : lessons for Bulgaria : 1999-2018
Vasilev, Aleksandar - In: Post-communist economies 32 (2020) 4, pp. 511-524
Persistent link: https://www.econbiz.de/10012266728
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A real-business-cycle model with endogenous discounting and a government sector
Vasilev, Aleksandar - 2018
We introduce an endogenous discount factor as in Uzawa (1968) and Schmitt-Grohe and Uribe (2003) into a real-business-cycle setup with Greenwood et al. (1988) preferences and augment the model with a detailed government sector. We calibrate the arti ficial economy to Bulgarian data for the...
Persistent link: https://www.econbiz.de/10011933754
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A real-business-cycle model with a stochastic capital share : lessons for Bulgaria (1999-2018)
Vasilev, Aleksandar - In: Margin: the journal of applied economic research 14 (2020) 1, pp. 107-121
Persistent link: https://www.econbiz.de/10012201134
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How important are consumer confidence shocks for the propagation of business cycles in Bulgaria?
Vasilev, Aleksandar - 2019
This paper takes an otherwise standard real-business-cycle setup with government sector, and augments it with shocks to consumer confidence to study business cycle fluctuations. A surprise increase in consumer confidence generates higher utility, as the household values consumption more in...
Persistent link: https://www.econbiz.de/10012147221
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A real-business-cycle model with human capital accumulation : lessons for Bulgaria (1999-2018)
Vasilev, Aleksandar - In: Macroeconomics and finance in emerging market economies 16 (2023) 1, pp. 80-94
Persistent link: https://www.econbiz.de/10014235094