References
- Baxter, Marianne and Robert King. 1993. ”Fiscal policy in general equilibrium,” American Economic Review 83: 315–334.
- Bulgarian National Bank. 2017. Bulgarian National Bank Statistics. Available on-line at
www.bnb.bg Accessed on Oct. 21, 2017. - Bils, Mark and Jang-Ok Cho. 1994. ”Cyclical Factor Utilization,” Journal of Monetary Economics 33(2): 319–54.
- Canova, Fabio. 2007. Methods for Applied Macroeconomic Research Princeton University Press: Princeton, NJ.
- Cogley, Timothy and James Nason. 1995. ”Output dynamics in Real-Business-Cycles.”
- American Economic Review 85(3): 492–511.
- Finn, Mary. 2000. ”Perfect Competition and the Effects of Energy Price Increases on Economic Activity,” Journal of Money, Credit and Banking 32(3): 400–416.
- Finn, Mary. 1995. ”Variance Properties of Solow’s Productivity Residual and Their Cyclical Implications,” Journal of Economic Dynamics and Control 19: 1249–81.
- Greenwood, Jeremy, Zvi Hercowitz, and Gregg Huffman. 1988. ”Investment, Capacity Utilization, and the Real Business Cycle,” American Economic Review 78: 402–17.
- Hamilton, James, 1983. ”Oil and the Macroeconomy since World War II,” Journal of Political Economy 91: 228–48.
- Hamilton, James. 1985. ”Historical Causes of Postwar Oil Shocks and Recessions,” The Energy Journal 6: 97–116.
- Hamilton, James. 1996. ”This Is What Happened to the Oil Price-Macroeconomy Relationship,” Journal of Monetary Economics 38: 215–20.
- Hansen, Lars and Kenneth Singleton. 1983. ”Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns,” Journal of Political Economy 91: 249–65.
- Hodrick, Robert and Edward Prescott. 1980. ”Post-war US business cycles: An empirical investigation.” Unpublished manuscript (Carnegie-Mellon University, Pittsburgh, PA).
- Jorgenson, Dale and Zvi Griliches. 1967. ”The Explanation of Productivity Change,” Review of Economic Studies 34: 247–83.
- Keynes, John. 1936. The General Theory of Employment, Interest, and Money McMillan: London, UK.
- Kydland, Fynn and Edward Prescott. 1988. ”The Workweek of Capital and Its Cyclical Implications,” Journal of Monetary Economics 21: 343–60.
- National Statistical Institute. 2017. Aggregate Statistical Indicators. Available on-line at
www.nsi.bg Accessed on Oct. 21, 2017. - Nelson, Charles and Charles Plosser. 1982. ”Trends and Random Walks in Macroeconomic Time Series,” Journal of Monetary Economics 10(2): 139–62.
- Rotemberg, Julio and Michael Woodford. 1996a. ”Imperfect Competition and the Effects of Energy Price Increases on Economic Activity,” Journal of Money, Credit, and Banking 28: 549–77.
- Rotemberg, Julio and Michael Woodford. 1996b. ”Real-Business-Cycle Models and the Forecastable Movements in Output, Hours, and Consumption,” American Economic Review 86: 71–89.
- Taubman, Paul and Maurice Wilkinson. 1970. ”User Cost, Capacity Utilization, and Investment Theory,” International Economic Review 11: 209–15.
- Vasilev, Aleksandar. 2017a. ”Business Cycle Accounting: Bulgaria after the introduction of the currency board arrangement (1999–2014), European Journal of Comparative Economics 14(2): 197–219.
- Vasilev, Aleksandar. 2017b. ”A Real-Business-Cycle model with efficiency wages and a government sector: the case of Bulgaria,” Central European Journal of Economics and Econometrics 9(4): 359–377.
- Vasilev, Aleksandar. 2017c. ”A Real-Business-Cycle model with reciprocity in labor relations and fiscal policy: the case of Bulgaria,” Bulgarian Economic Papers BEP 03-2017, Center for Economic Theories and Policies, Sofia University St. Kliment Ohridski, Faculty of Economics and Business Administration, Sofia, Bulgaria.
- Vasilev, Aleksandar. 2017d. ”VAT Evasion in Bulgaria: A General-Equilibrium Approach.” Review of Economics and Institutions 8(2): 2–17.
- Vasilev, Aleksandar. 2016. ”Search and matching frictions and business cycle fluctuations in Bulgaria,” Bulgarian Economic Papers BEP 03-2016, Center for Economic Theories and Policies, Sofia University St. Kliment Ohridski, Faculty of Economics and Business Administration, Sofia, Bulgaria.
- Vasilev, Aleksandar. 2015a. ”Welfare effects of at income tax reform: the case of Bulgaria,” Eastern European Economics 53(2): 205–220.
- Vasilev, Aleksandar. 2015b. ”Welfare gains from the adoption of proportional taxation in a general-equilibrium model with a grey economy: the case of Bulgaria’s 2008 flat tax reform,” Economic Change and Restructuring 48(2): 169–185.
- Vasilev, Aleksandar. 2009. ”Business cycles in Bulgaria and the Baltic countries: an RBC approach,” International Journal of Computational Economics and Econometrics 1(2): 148–170.