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| 005 | 20240508135606.0 | ||
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| 022 | _a08887233 | ||
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_aMSU _bEnglish _cMSU _erda |
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| 050 | 0 | 0 | _aHB90 COM |
| 100 | 1 |
_aKhan, Muhammad _eauthor |
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| 245 | 1 | 0 |
_aInflation and sectoral output growth variability in Bulgaria/ _ccreated by Muhammad Khan |
| 264 | 1 |
_aBasingstoke: _bPalgrave Macmillan, _c2013. |
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| 336 |
_2rdacontent _atext _btxt |
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| 337 |
_2rdamedia _aunmediated _bn |
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| 338 |
_2rdacarrier _avolume _bnc |
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| 440 |
_aComparative economic studies _vVolume 55, number 4 |
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| 520 | 3 | _aThis paper analyzes the relationship between inflation and sectoral output growth variability in Bulgaria using a monthly data set from 2000:01 to 2012:08. The Bulgarian economy is working under a unique currency board setting that exclusively allows the government to influence the money supply through its fiscal position on the asset side of the central bank's balance sheet. Abrupt relative price changes across sectors bring fluctuations in sectoral output growth. Nevertheless, inflation effects on average output growth are positive and linear. Besides, persistent real exchange rate appreciation causes lower growth and higher variability under the pegged exchange rate regime. | |
| 650 |
_aInflation _vOutput growth _xCurrency board _zBulgaria |
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| 856 | _uDOI:10.1057/ces.2013.5 | ||
| 942 |
_2lcc _cJA |
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| 999 |
_c165382 _d165382 |
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