Presence and degree of change in the behavior of Bulgarian economic agents with respect to their demand for money

The goal of the project was to complete academic research in the field of economics, which studies the behavior of Bulgarian economic agents with respect to their demand for money. It is a first attempt to use state-of-the-art economic models and econometric techniques in an attempt to reach a theoretically and scientifically justified conclusion about the presence (or absence) of real structural changes in economic behavior in Bulgaria based on actual data. The main result of the project was a research paper containing the methodology and the results of the study.
Most of the preparatory work for the study was completed, including literature review, theoretical formulation of the framework and of the hypothesis.

Period: October 2000 - June 2002

Coordinators: Georgy Ganev

Financing Organisations: Open Society Institute, Sofia