Consumption smoothing during the economic transition in Bulgaria
Article Abstract:
Monthly data from a panel of households in Bulgaria in 1994 is studied to analyze the extent to which the households are able to protect their consumption, from fluctuations in real income. The study revealed that households smooth food consumption by adjusting their non-food expenditures and by borrowing through formal and informal credit markets.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2004
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The resource curse hypothesis and its transmission channels
Article Abstract:
The direct and indirect effect of natural resource abundance on economic growth is empirically examined. A study is conducted on the transmission channels, that is, the effect of natural resources on the other explanatory variables, and the indirect effect of natural resources on growth for each transmission channel is calculated.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2004
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Modeling transformation in CEECs using smooth transitions
Article Abstract:
A study on economics of Central and Eastern Europe, using logistic smooth transition regression model, is presented.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2007
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