Most of the available literature on economic and monetary history deals with the advanced countries of Western Europe and the United States of America. The monetary and financial history of South-Eastern Europe, however, is still largely unexplored. So far, historical study of the monetary...

Relying on dynamic factor business cycle indices for five South-East European countries (Austria(-Hungary), Bulgaria, Greece, Romania, Serbia/Yugoslavia), we document steadily increasing synchronisation as part of a pan-European business cycle before 1913 and the emergence of a regional business...

The paper constructs the first series of nominal and real effective exchange rates of the Bulgarian Lev from its establishment in 1879 until 1939. The dynamics of both indicators during the Classical Gold Standard fits the general picture of exchange rate development of other European countries...

Изследването анализира динамиката на банковата ефективност в България през 1923 и 1928 г. Идентифицирани са няколко взаимовръзки по отношение на реакцията на...

This paper studies the dynamics of the bank efficiency in Bulgaria in the years 1923 and 1928. In the course of research several interdependencies were detected, related mainly to the reaction of different types of banks to the financial crisis and the financial stabilization. Official bank...

This paper constructs business cycle indices for the South-East European (SEE) countries from 1899 to 1989 in order to address two questions: to what extent has there been a common SEE business cycle, and to what extent has there been synchronisation of business cycles with England, France and...

Using the example of Bulgaria, we argue that familiar models of international political economy fail to capture the tension between national sovereignty and access to capital markets experienced by peripheral debtors in the late nineteenth and early twentieth centuries. Existing accounts...

Based on a freshly built data set and relying on a Bayesian Dynamic Factor Model, this paper constructs business cycle indices for five South-East European (SEE) countries (Austria(-Hungary), Bulgaria, Greece, Romania, Serbia/Yugoslavia) to address two questions: to what extent has there been a...

Between 1990 and 1996 the share of interregionally traded grain in the total amount of grain domestically available in the Russian Federation was reduced significantly. Much evidence indicates that the decline of the domestic grain trade has mainly been the result of strict control by regional...