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Assessment of Farm Support Policies and Likely Impact of Cap Implementation on Farm Structures and Sustainability in Bulgaria

Bachev, Hrabrin - 2013

This paper presents the dominating farming structure in Bulgaria on the eve of EU accession, and evaluates recent policies for farm and agricultural income support, and assesses likely consequences of Common Agricultural Policy (CAP) implementation on farming structures and sustainability. We...

Persistent link: https://www.econbiz.de/10014058172

Are "fair" wages quantitatively important for business cycle fluctuations in Bulgaria?

Vasilev, Aleksandar - 2018

We introduce "fair" wages in a general-equilibrium model where worker's effort is unobservable and investigate whether such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as documented in Lozev, Vladova, and Paskaleva (2011) and...

Persistent link: https://www.econbiz.de/10011974105

A real-business-cycle model with efficiency wages and fiscal policy : the case of Bulgaria

Vasilev, Aleksandar - 2016

Persistent link: https://www.econbiz.de/10011574005

A real-business-cycle model with reciprocity in labor relations and a government sector

Vasilevski, Aleksandar - 2017

In this paper we introduce reciprocity in labor relations and government sector to in- vestigate how well the real wage rigidity that results out of that arrangement explains business cycle fluctuations in Bulgaria. The reciprocity mechanism described in this paper follows Danthine and Kurmann...

Persistent link: https://www.econbiz.de/10011785061

A real-business-cycle model with efficiency wages and a government sector : the case of Bulgaria

Vasilev, Aleksandar - 2017

In this paper we investigate the quantitative importance of e fficiency wages in explaining fluctuations in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with unobservable workers e ort by employers and wage...

Persistent link: https://www.econbiz.de/10011761449

Are "fair" wages quantitatively important for business cycle fluctuations in Bulgaria?

Vasilev, Aleksandar - In: Národohospodářský obzor : časopis věnovaný … 20 (2020) 1, pp. 91-105

Persistent link: https://www.econbiz.de/10012242326

No Pain, No Gain : Market Reform, Unemployment, and Politics in Bulgaria

Valev, Neven T. - 2003

. The government however lost the elections. This paper uses unique survey data to examine whether the high unemployment … associated with market reform contributed to the election outcome. High unemployment did have an effect but it was small and does … not explain the election loss. In fact, many in the population, including the unemployed, believed that high unemployment …

Persistent link: https://www.econbiz.de/10014084535

Search and matching frictions and business cycle fluctuations in Bulgaria : technical appendix

Vasilev, Aleksandar - 2016

Persistent link: https://www.econbiz.de/10011451805

Search and matching frictions and business cycle fluctuations in Bulgaria

Vasilev, Aleksandar - 2016

In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with both a two-sided costly search and fiscal policy. This introduces a...

Persistent link: https://www.econbiz.de/10011498689

Are labor unions important for business cycle fluctuations : lessons from Bulgaria (1999-2016)

Vasilev, Aleksandar - 2019

In this paper we investigate the quantitative importance of collective agreements in explaining uctuations in Bulgarian labor markets. Following Maffezzoli (2001), we introduce a monopoly union in a real-business-cycle model with government sector. We calibrate the model to Bulgarian data for...

Persistent link: https://www.econbiz.de/10012057114