FISCAL AND MONETARY DETERMINANTS OF THE GROWTH AND THE CYCLICAL RECURRENCE OF THE BULGARIAN ECONOMY
Petar Yurukov ()
Additional contact information
Petar Yurukov: South-West University "Neofit Rilski", Blagoevgrad
Economics and Management, 2019, vol. 16, issue 2, 31-50
The objective of this article is to study the opportunities for managing Bulgaria’s economic growth and business cycle under a currency board arrangement. The fiscal and monetary determinants of growth and cyclical recurrence of Bulgaria’s economy, their size and impact direction have been identified by vector autoregression (VAR). Recommendations have been made on macroeconomic policies, which stimulate growth and smooth out the cyclical fluctuations of the Bulgarian economy.
Keywords: Bulgaria; economic growth; business cycle; fiscal policy; monetary policy; currency board arrangement; vector autoregression (search for similar items in EconPapers)
JEL-codes: E32 E52 E62 F43 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://em.swu.bg/images/SpisanieIkonomikaupload/Sp ... ORK_PRODUCTIVITY.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:16:y:2019:i:2:p:31-50
Access Statistics for this article
More articles in Economics and Management from Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD Contact information at EDIRC.
Bibliographic data for series maintained by Vladislav Krastev ().