The reserach systematizes the factors that influence the price level in the country and at the same time estimates their impact on the economy in the conditions of a functioning currency board. It also reveals the inflation tendencies in 1997-1999. The different factors classification is based...

Economic models can be extremely useful in the process of economic policy making. At the same time it should be emphasised that economic models should never be seen as a panacea for solving all kinds of economic problems. This paper discusses to what extent economic models could act as a useful...

The monetary policy in 1991 followed two main objectives. First,it was to equilibrate the money market by reducing the high money supply to the economically founded money demand. The second objective was to avoid the hyperinflation that could result after the liberalization of prices. A broad...

The main purpose of this paper is to be of assistance in understanding the working of the AEAF model. To this end we will explain in section 2 how in the simulations levels and percentages changes are treated as well as the important difference between stocks and flows. Section 3 deals with the...

В това изследване се прави анализ на влиянието на ефекта Balassa-Samuelson върху инфлацията в България и приносът му върху реалното поскъпване на българския лев спрямо...

Изследването разглежда развитието на отрасъл селско стопанство през 1994 г., поземлената реформа, външната търговия със селскостопански стоки, както и...

Структурата и състоянието на националната икономика, както и динамиката на макроикономическите показатели към определен момент, се представят чрез т.нар....

This article offers an attempt at typologisation of the evolution of monetary regimes in post-communist countries (1990-2008), which is exceptionally varied by character. Two large groups have emerged: type 1 – countries, which started their reforms with a regime of fixed exchange rate and...

Изследването анализира динамиката на банковата ефективност в България през 1923 и 1928 г. Идентифицирани са няколко взаимовръзки по отношение на реакцията на...

This research studies the influence of the Balassa-Samuelson effect on Bulgarian inflation and the real appreciation of BGN in relation to main trade partners currencies. According to the results obtained, the Balassa-Samuelson hypothesis stands for the Bulgarian economy. The higher rate of...