In this scientific paper we have examined the presence of beta and sigma-convergence of productivity in the Central and East European NUTS 2 statistical regions of the European Union member states of Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania,...

This scientific paper analyses the factors affecting the interest rate spreads of commercial banks in Bulgaria. The Engle–Granger two-step method (1987) and the bounds testing approach of Pesaran et al. (1999, 2001) are applied. The main findings of the paper are that the interest rate spreads...

This paper analyzes factors for the dynamics of bank loans of non-financial firms and households in Bulgaria in the 2008-2012 period. Following a short introduction, credit demand factors are presented and analyzed first, followed by an analysis of general credit dynamics and of credit supply...

The purpose of this article is to initiate a discussion about the central banks' policy of negative interest rates and its impact on commercial banks' lending and the bank business model respectively. Recently Bank of Japan joined ECB, Riksbank, Swiss National Bank and Danmarks National Bank in...

Econometric modelling of demand and supply of bank loans in Bulgaria, introduced in this scientific paper, can help not only decision makers in the public and private sector, but can also support researchers and analysts in revealing the determinants of lending, being a major factor for the...

This paper aims to analyze the wealth inequality in Bulgaria during the period Q4.2005- Q2.2015, using two types of gross wealth Gini coefficients, derived through households' bank deposits and bank loans cumulative distributions. Bank deposits, as a major form of financial wealth for Bulgarian...

The descriptive analysis was applied to investigate the credit dynamics as well as the factors for credit supply and demand in the EU member states in Central and Eastern Europe, being outside the Eurozone -- Bulgaria, Latvia, Lithuania, Poland, Romania, Hungary and the Czech Republic in the...

The descriptive analysis was applied to investigate the credit dynamics as well as the factors for credit supply and demand in the EU member states in Central and Eastern Europe, being outside the Eurozone – Bulgaria, Latvia, Lithuania, Poland, Romania, Hungary and the Czech Republic in the...