Daniel KasabovBulgarian National Bank · Economic Research and Forecasting Directorate
Daniel Kasabov
MS
About
7
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17
Citations
Introduction
Additional affiliations
February 2017 - July 2017
September 2013 - July 2017
January 2013 - present
Bulgarian National Bank
Position
- Expert
Publications
Publications (7)
After 2012, inflation has been unexpectedly low across much of the developed world and economists speak of a “missing inflation” puzzle, namely inflation was expected to be higher on the back of an ongoing recovery. This paper investigates the causes and consequences of low inflation in the euro area after 2012 and analyses whether monetary policy...
This paper explores the patterns of price and cost adjustment strategies of Bulgarian firms over the period 2009–2013 based on evidence from firm-level survey data collected within the third wave of the Wage Dynamics Network survey (WDN3). We find that in the explored period firms’ price- and cost-setting decisions were mostly the result of changed...
Investment activity in Bulgaria, as in many EU countries, contracted substantially during the Great Recession and despite the recently witnessed recovery of business investment it remains below pre-crisis levels. The main purpose of this study is to empirically examine the impact of key drivers of business investment in Bulgaria. We estimate a Baye...
This paper investigates the causes and consequences of low inflation in the euro area after 2012 and analyses whether monetary policy has been successful in dampening the risks associated to low inflation.
The paper estimates a Phillips curve type relationship for the Bulgarian economy in a setup that takes into account the simultaneous interaction between inflation, output and unemployment. Using a state space model estimated with Bayesian methods on quarterly data from 1999 to 2015, we assess the cyclical developments in unemployment and output, an...
Докладът има за цел да изследва и оцени количествено влиянието на различните външни и вътрешни фактори върху икономическия растежа в България през периода 2010-2015 г. Акцент е поставен върху 2015 г., като целта е да се анализира дали може да се очаква поддържане на високи темпове на икономически растеж през следващите години.
Крайните потребителски цени в България следваха тенденция на спад на годишна база от средата на 2013 г., което първоначално отразяваше отрицателния принос на административно определяните цени. Понижаващите се вносни цени и слабото потребителско търсене през периода 2013-2015 г. допълнително допринесоха за отчитането на дефлация. Целта на настоящия...