Papers



No.Author(s)TitlePublished
05-2024Nadeem Naqvi,
Eldar Madumarov,
Henrik Egbert
Russia-Ukraine War and the Almaty Restaurant Industry
04-2024Linda KadrijiThe Nexus Between Inequality and Economic Growth in European Transition Countries
03-2024Henrik EgbertReuse Markets: Embedded in CapitalismJournal of Entrepreneurship, Business and Economics, 12(2), 2024, 1-35
02-2024Deyan RadevGlobal Banks and the Transmission of Shocks across Borders
01-2024Aleksandar VasilevA Real-Business-Cycle Model with an Informal Sector: Lessons for Bulgaria (1999-2018)



06-2023Aleksandar B. TodorovRule of Law and Large Firms Concentration in Southeast Europe
05-2023Svilena MihaylovaWage Inequality in Bulgaria: Decomposition by Economic Sectors, Occupational Groups and Districts
04-2023Svilena MihaylovaForeign Affiliates versus Domestic Firms in the Information and Communication Services Sector in Central and Eastern Europe
03-2023Mihail YanchevUncertainty: Definition and Classification for the Task of Economic Forecasting
02-2023Teodor Sedlarski,
Ilia Atanasov,
Alexandra Korcheva
How Much is too Much? An Endogenous Growth Model with an Optimal Level of Informality
01-2023Aleksandar VasilevHow Quantitatively Important are Shocks to Consumption and Income Tax Rates for Business Cycle Fluctuations? Lessons from Bulgaria (1999-2020)Journal of Mathematical Economics and Finance, Volume X, Issue 1(18), pp. 49-63



07-2022Deyan Radev,
Georgi Penev
Brexit and the Fintech Revolution in Europe: Lessons from the Bulgarian Digital Finance Cluster
06-2022Aleksandar VasilevDecomposing the Grey Economy in Bulgaria: A General-Equilibrium AnalysisJournal of Mathematical Economics and Finance, 8(2), 2022, 7-23
05-2022Mihaela SimionescuNon-life Insurance Market and Macroeconomic Indicators in Baltic States
04-2022Dimitar Haralampiev PopovSME Viability Assessment Methodology: Combining Altman’s Z-Score with Big Data
03-2022Aleksandar VasilevA Real-Business-Cycle Model with Financial Liberalization: Lessons for Bulgaria (1999-2020)Journal of Mathematical Economics and Finance, 8(1), 2022, 7-22
02-2022Mihaela Simionescu,
Mihaela-Daniela Vornicescu
The Impact of the European Economic Integration on Sustainable Development in the EU New Member States
01-2022Aleksandar VasilevA Real-Business-Cycle Model with Robots: Lessons for BulgariaJournal of Mathematical Economics and Finance, 7(2), 2021, 7-15



07-2021Henrik EgbertReligious Entrepreneurial Communities: Solution for or Cause of Socioeconomic Injustice? A CommentJournal of Entrepreneurship, Business and Economics, 9(2), 113–131
06-2021Arup Barua,
Alexandra Ioanid
Synergistic Competitive Advantage: the Modern Appeal of RBV and IO Theory in the Mergers and Acquisitions
05-2021Partha Pratim DubeSome Comments on TFP and its Growth in IndiaInternational Journal of Financial, Accounting, Management 3(4), 2022, 301-315
04-2021Andrey KudryavtsevEffect of Market-Wide Herding on the Next Day's Stock Returns
03-2021Aleksandar VasilevAre Firing Costs Important for Business Cycles? Lessons from Bulgaria (1999-2018)Managing Global Transitions, 20(1), 2022, 3-17
02-2021Vasil Marchev,
Angel Marchev, Jr
Methods for Simulating Multi-dimensional Data for Financial Services Recommendation
01-2021Aleksandar VasilevCan Shocks to Risk Aversion Explain Business Cycle Fluctuations in Bulgaria (1999-2018)?Managing Global Transitions, 19(4), 2021, 271-284



04-2020Anton Gerunov,
Ilia Atanasov,
George Mengov
Time Series Decomposition for Anomalous E-commerce Transactions
03-2020Desislava YordanovaPerceptions of University Entrepreneurship Support among Bulgarian Science and Engineering StudentsYearbook of FEBA, Sofia University, 18(1), 2020, 145-157
02-2020Anton GerunovBinary Classification Problems in Economics and 136 Different Ways to Solve Them
01-2020Aleksandar VasilevAn RBC Model with Epstein-Zin (non-expected-utility) Recursive Preferences: Lessons from Bulgaria (1999-2018)Journal of Mathematical Economics and Finance, 7(1), 2021, 7-22



08-2019Teodor Sedlarski,
Oxana Bezler
Assessment of the Labor Markets Integration and the Higher Education Services Market: Using the Example of Kazakhstan
07-2019Svilena MihaylovaForeign Direct Investment Attraction in Central, Eastern and South-Eastern Europe: the Importance of Public PolicyCroatian Economic Survey, 22(1), 2020, 65-101
06-2019Magdalena Vlahova-VelevaEuro Area Accession and Its Effect on Manufacturing
05-2019Teodora MarinovaVirtual Community Characteristics as Success Factors for Crowdfunding ProjectsIFAC-Papers OnLine 52(25), 2019
04-2019Nikolay R. RachevMoney, Lives, and Frames: What Evidence from Bulgarian Students Tells about Framing of Risky Choices
03-2019Aleksandar VasilevAre "Fair" Wages Quantitatively Important for Business Cycle Fluctuations in Bulgaria?Review of Economic Perspectives, 20(1), 2020, 91-105
02-2019Aleksandar VasilevAre Labor Unions Important for Business Cycle Fluctuations: Lessons from Bulgaria (1999-2016)Eurasian Economic Review, 10, 2020, 143–161
01-2019Inna I. Koblianska,
Larysa I. Kalachevska
Improvement of Regional Innovation Policy in Ukraine in the Sustainable Development Context



13-2018Aleksandar B. TodorovForeign Investment and Aggregate Concentration: Evidence from Southeast Europe
12-2018Aleksandar VasilevA Progressive Consumption Tax: an Important Instrument for Stabilizing Business Cycles, or just an Exotic Idea?Problems of Economic Transition, 63(10-12), 2022, 576-588
11-2018Partha Pratim DubeOptimal Time to Attain a Targeted Profit Function Under Unitary TransformationJournal of Mathematical Techniques and Computational Mathematics, 1(2), 2022, 159-164
10-2018Besnik Fetai,
Fisnik Morina
The Impact of Foreign Direct Investment on Trade in Transition Countries
09-2018Aleksandar VasilevAre Habits Important for the Propagation of Business Cycle Fluctuations in Bulgaria?Central European Journal of Economic Modelling and Econometrics, 11(3), 2019, 133-151
08-2018Aleksandar VasilevA Business-cycle-model with a Modified Cash-in-advance Feature, Government Sector and Oneperiod Nominal Wage Contracts: The Case of BulgariaJournal of Mathematical Economics and Finance, 6(1), 2020, 19-38
07-2018Aleksandar VasilevA Business-cycle-model with Monopolistically-competitive Firms and Calvo Wages:
The Case of Bulgaria after the Introduction of the Currency Board (1999-2016)
Journal of Economics and Development, 21(2), 2020
06-2018Dimitris P. SkalkosThe Sensitive Swings of the European Pendulum: Ordoliberal and Neo-Keynesian Competitive Theories of European Integration (1999-2016)
05-2018Aleksandar VasilevThe Role of Energy in a Real-business-cycle Model with an Endogenous Capital Utilization Rate and a Government Sector: Lessons from Bulgaria (1999-2016)Central European Economic Journal, 5(1), 2019, 130-141
04-2018Henrik EgbertThe Gift and Open ScienceDurkheimian Studies, 25(1), 2021, 187–203
03-2018Aleksandar VasilevA Real-Business-Cycle Model with Pollution and Environmental Taxation: The Case of BulgariaJournal of Environmental Economics and Policy, 7(4), 2018, 441-451
02-2018Teodora MarinovaUser Integration in New Product Development: Field Insights
01-2018Petar Stankov,
Aleksandar Vasilev
What Explains the Variety of Reform Outcomes Across Countries?“Business Reform Outcomes: Why So Different?” Journal of Policy Modeling, 41(6), 2019, 1109-1127



11-2017Boryana Bogdanova, Bozhidar NedevChanges in Temporal Patterns of the Momentum Effect in Times of Turmoil: Evidence from the Bulgarian Stock Exchange
10-2017Zhelyu Vladimirov,
Sonia Mileva
Travel Information’s Search, Planning and Purchase of Travel Service: The Bulgarian Tourists Behaviour
09-2017Ivelin Elenchev, Aleksandar VasilevForecasting the Success Rate of Reward Based Crowdfunding ProjectsManaging Global Transitions: International Research Journal, 17(1), 2019, 51-78
08-2017Hristina Manolova, Aleksandar VasilevWage Dynamics in Bulgaria: Co-movement and CausalitySouth-Eastern Europe Journal of Economics, 17(1), 2019, 91-127
07-2017Silviya Bratoeva-ManolevaMacroeconomic Determinants of Income Inequality in Bulgaria
06-2017Mihaela SimionescuBayesian Forecast Intervals for Inflation and Unemployment Rate in RomaniaGLO Discussion Paper, No. 82, 2017, Global Labor Organization (GLO), Maastricht
05-2017Matthias Greiff,
Henrik Egbert
The Pay-What-You-Want Game:
What can be learned from the experimental evidence on Dictator and Trust Games?
Management & Marketing, 12(1), 2017
04-2017Alessandro Di Nola,
Georgi Kocharkov,
Aleksandar Vasilev
Productivity, Taxation and Evasion: An Analysis of the Determinants of the Informal Economy"Envelope wages, hidden production and labor productivity", in: The B.E. Journal of Macroeconomics, 19(2), 2019
03-2017Aleksandar VasilevA Real-Business-Cycle Model with Reciprocity in Labor Relations and Fiscal Policy: The Case of BulgariaJournal of Economics and Econometrics, 61(2), 2018
02-2017Ilia AtanasovImperfections in International Technology Flows
01-2017Aleksandar VasilevA Real-Business-Cycle Model with Efficiency Wages and Fiscal Policy: The Case of BulgariaCentral European Journal of Economic Modelling and Econometrics, 9(4), 2017



11-2016Aleksandar VasilevBusiness Cycle Accounting: Bulgaria after the Introduction of the Currency Board ArrangementEuropean Journal of Comparative Economics, 14(2), 2017
10-2016Svilena Mihaylova,
Silviya Bratoeva-Manoleva
Social Transfers and Income Inequality in BulgariaSouth East European Journal of Economics and Business, 12(1), 2017
09-2016Aleksandar VasilevVAT Evasion in Bulgaria: A General-Equilibrium ApproachReview of Economics and Institutions, 8(2), 2017
08-2016Henrik Egbert, Aleksandar B. TodorovVamos a la Playa vs. Standing at the Gates: Beaches in BulgariaJournal of Tourism Planning & Development, 15(4), 2018, 419-435
07-2016Mihaela SimionescuThe Impact of Brexit on the Foreign Direct Investment in the United KingdomEconomics, Management and Sustainability, 3(1), 2018, 6-20
06-2016Mathurin Tchakounte Njoda,
Eric Patrick Feubi Pamen
The Effects of Cameroonian Informal Sector on the Scale and Composition of Output
05-2016George MengovThe Road to Socioeconomic Fractality
04-2016Aleksandar B. TodorovAssessing Competition in the Bulgarian Insurance Industry: A Panzar‐Rosse Approach
International Journal of Economics and Financial Issues, 6(3), 2016
03-2016Aleksandar VasilevSearch and Matching Frictions and Business Cycle Fluctuations in BulgariaInternational Journal of Business and Economics, 19(3), 2020
02-2016Matthias Greiff,
Henrik Egbert
A Survey of the Empirical Evidence on PWYW PricingEconomic and Business Review, 20(2), 2018
01-2016Anton GerunovFinancial Effects of Fiscal Transparency: A Critique



07-2015Ivan TodorovFiscal Policy and Economic Growth – The Crisis Aftermath
06-2015Murat Alikhanov,
Leon Taylor
Real or Nominal Shock – Which One Does More to Destabilize Developing Economies? The Case of Money Velocity in Kazakhstan
05-2015Nadeem NaqviWhy is the American Workplace Racially Segregated by Occupation?
04-2015Kaloyan GanevA Small Model for Output Gap and Potential Growth Estimation: An Application to Bulgaria
03-2015Anton Gerunov Fiscal Archetypes in the European Union
02-2015Pavlin Bonev,
Henrik Egbert,
Thomas Neumann
Examining Entrepreneurial PotentialInternational Journal of Business and Management, 11(10), 2016
01-2015 Aleksandar VasilevUS Health and Aggregate Fluctuations
Bulletin of Economic Research, 69(2), 2017, 147-163