George ChobanovSofia University "St. Kliment Ohridski"
George Chobanov
Prof.Dr.Oec.Sc, Dr.rer.nat
About
8
Publications
15,381
Reads
How we measure 'reads'
A 'read' is counted each time someone views a publication summary (such as the title, abstract, and list of authors), clicks on a figure, or views or downloads the full-text. Learn more
34
Citations
Citations since 2017
Introduction
Director of the High-Tech Business Center of Sofia University St Kliment Ohridski
Chair of the Centre for China Economics and Politics at Sofia University St Kliment Ohridski
Additional affiliations
October 1975 - present
Publications
Publications (8)
The paper explores the dynamics of the transaction sector in the Bulgarian economy. We use the measuring strategy developed by Wallis and North in 1986. The calculations show an increase in the transaction sector in the country within the period 1997–2003 from about 37% to more than 52% of GDP. Although this is below the size reported...
We introduce a new class of continuous time processes for modeling the rate of returns of financial assets. The statistical characterization is based on the so-called shot noise processes. The probabilistic structure of the shot noise process provides a very realistic framework for asset returns modeling of the stock price processes. Our class of p...
Projects
Project (1)
The project aimed at using different techniques to measure transaction costs on a national level. The case at hand was the Bulgarian economy after the end of Socialism.
