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THE BUSINESS CYCLE AND ITS CONTEMPORARY CHARACTERISTICS
(Tsenov Publishing House, 2018)
The article aims to present the business cycle phenomenon and its contemporary characteristics. Understanding the business cycle theory will allow for more in-depth research on this subject for the Bulgarian economy, through ...
THE COHESION POLICY OF THE EUROPEAN UNION AND INTER-REGIONAL DISPARITIES IN BULGARIA
(Tsenov Publishing House, 2018)
The article presents a theoretical analysis of the causes for inter-regional disparities and an empirical study on the impact of the EU Cohesion Policy on the standard of living in Bulgaria. It also gives some recommendations ...
UNEMPLOYMENT BENEFITS IN BULGARIA AND THEIR POTENTIAL FOR PREVENTION OF POVERTY
(Tsenov Publishing House, 2018)
Prevention of poverty and social exclusion is a process directly related to public incentives for vulnerable groups aiming to achieve a decent and independent life. Labour income is one of the main prerequisites for ...
FUTURE EURO AREA MEMBERSHIP OF BULGARIA IN TERMS OF THE BUSINESS CYCLE
(Tsenov Publishing House, 2018)
In the present paper, vector autoregression (VAR) is used to assess the extent to which Bulgaria’s economic cycle is synchronized with the one of the euro area (EA). The main fiscal and monetary factors affecting the ...