Income inequality and house prices - the case of Bulgaria

During the years of the global crisis in Bulgaria a housing bubble were developed and at the same time our country shows the highest income inequality among the EU countries. The purpouse of the research is to take part on the current debate about the link between income inequality and housing prices and to examine this relationship for Bulgaria. The Gini coefficient and Palma ratio were used as a measure of income inequality, and housing prices are presented in nominal and real terms for the period 2006-2019. The results of the regression analysis show a positive relationship between income inequality and housing prices in all cases, and for the period after the crisis the correlation coefficient is positive and extremely high and equal to 0.9

Catching-up countries - lessons for Bulgaria

The data show that nowadays Bulgaria is lagging far behind in its development than other countries in the European Union. That is why catching up with developed countries is a key task for bulgarian economy. The article explores the causes that accelerate economic growth. For this purpose, five countries with the highest average annual GDP per capita growth rates for the period 1870-2016 are identified. Data used comes from the Maddison Project Database. By selecting and analyzing theoretical and empirical literature examining the success of these five countries, it is concluded that catching up is possible, but a unique, economic model is needed. At the same time, those factors, without which rapid development is impossible are determined

Income inequality and health during the Covid-19 pandemic – Bulgaria compared to some European countries

The paper analyzes the relationship between income inequality and health with a focus on the years of the Covid-19 pandemic. Income inequality is measured by the Gini coefficient of income, and health is measured by Excess deaths in 2020 per 100,000 population, relative to the 2017-2019 average. Data of both variables are from the World Happiness Report 2021. The number of European countries covered are 36 including the United States and Israel. The calculated correlation coefficient (0.37) shows a significant positive correlation between the Gini index and excess deaths in 2020. The conclusion is made that too high income inequality is at least part of the explanation why Bulgaria is hit harder by the COVID-19 pandemic than all other countries in the world

The labor share of income and income inequality

The paper aims to explore the link between the labor share and income inequality. Ten of the most advanced market economies are being studied. OECD statistics are used as the information basis for the labor share. The income inequality is measured by the Gini index and the Frederic Solt database is used. It is found that in 80% of the countries surveyed the decrease in the labor share increases the income inequality. This relationship is most pronounced in the countries following the Anglo-Saxon liberal market model of development

Application of Game Method for Modelling and Temporal Intuitionistic Fuzzy Pairs to the Forest Fire Spread in the Presence of Strong Wind

In a series of papers, the initiation and development of forest fires are described in terms of the cellular automata-based Game Method for Modelling (GMM), modelling a particular area as an orthogonal grid of square cells whose values are changing with respect to predefined rules. In the present leg of this research, the simulation of the wildfire that occurred in the Kresna Gorge in Bulgaria in August 2017 is presented, rendering an account of the wind, characterized by its direction and intensity, and evaluating the impact of the fire iteratively in terms of temporal intuitionistic fuzzy sets that maintain the information about the degrees of burnt and unaffected areas. The results from the software product FireGrid, implementing the GMM-model developed by the authors, are also compared to the results from the software application FlamMap. Additionally, the paper presents for the first time the basic properties of the defined operations and operators over temporal intuitionistic fuzzy pairs

Contemporary Problems of the Economic Science and Economic Practice in Bulgaria (round table)

Information about a workshop (round table), held on 19 May 2001 at the University of Economy - Varna. All statements are included.

Risk for Major Bleeding in Patients Receiving Ticagrelor Compared With Aspirin After Transient Ischemic Attack or Acute Ischemic Stroke in the SOCRATES Study (Acute Stroke or Transient Ischemic Attack Treated With Aspirin or Ticagrelor and Patient Outcomes)

International audienc