Dimitrova, Kalina; Nenovsky, Nikolay - 2002
The importance of analysing inflation sources and dynamics in Bulgaria is imposed by (i) the long run process of price … and inflation convergence to the Euro area and (ii) by the Currency Board operating in the country. In this study we make … an attempt to estimate Balassa - Samuelson (BS) effect in Bulgaria (after the introduction of the Currency Board). The BS …