The main objective of the paper is to provide an estimation of the impact of the investments in education and science in Bulgaria, financed by the European structural instruments. It provides net impact assessment as of end of 2012 as well as projections of potential effect until 2020. The...

In this study we present the theoretical framework of the so called Mincerian equations used for modelling returns to education. Then, we construct a conceptual framework which allows us to answer the question “What happens to doctoral degree holders in the labour market?”. We analyse data...

On the basis of existing theory we suggest two main types of factors for SME competitiveness. The first type is comprised of the basic factors, including internal, external and entrepreneur-related factors, all well-defined and discussed in the IO and RBV approach and the configuration theory as...

The main goal of this research was to investigate the SMEs competitiveness in terms of leading and supporting factors, and to compare the influence of these factors on SMEs performance. The study focused on four leading and four supportive factors. For each of these factors the respective...

In this paper we introduce additional parameters of the economic environment related to some notion of “distance” to institutions in a simple formal model. This distance could be viewed as an uneven spatial distribution (or coverage) of institutions with respect to population distribution....

This paper presents the logic and structure of a small and parsimonious macroeconometric model designed for output gap and potential growth estimation in a data-poor environment. Such results can be useful in calculating the cyclically adjusted budget balances which are a key indicator for...