Nikolay Nenovsky
Encyclopedia
Nikolay Nenovsky is a Bulgaria
n economist
, and Professor of economics and finance.
He graduated from the Moscow State University
, Russia
(M.A in 1989), received his Ph.D in economics from the Bulgarian Academy of Sciences
(1995). Actually he taught Monetary theory
and International Finance
at the University of National and World Economy
, Sofia
. He is also affiliated to Laboratoire d’économie d’Orléans (LEO), since 2002 and to International Center for Economic Research (ICER), Torino, since 2006. From 2010 he is STUDIUM (Institute for Advanced Studies) researcher at the University of Orleans. In 1996 he joined the Bulgarian National Bank
Research Department, where he engaged over the years in empirical
and theoretical research, focusing on the monetary theory ans policy, econometric methods and modeling. He was made head of the research department in 1997. During (2002–2008) he was Member of the Governing Council at the Bulgarian National Bank
. Nikolay Nenovsky was a Member of Economic Advisory Council of the President of Bulgaria, 2002-2008 (in charge of the Economic Report for the President).
Nikolay Nenovsky is founder and Vice-president of Bulgarian Macroeconomic Association (2003–2005), and founder of Bulgarian Hayek Society (2002) and BHS monthly seminar (since 2004)
He is Member of Editorial Board of: Revue d’économie politique (France), East -West Journal of Economics and Business (Greece),The Journal of Comparative Economic Studies (Japan), Panoeconomicus (Serbia), Economic Studies [Ikonomicheski Izsledvania], Bulgarian Academy of Sciences. Fields of research activity: monetary and international economics, currency board
, eurozone, monetary history, history of economic thought.
Peter Chobanov (Ph.D thesis - Systemic risk, University of National and World Economy, Sofia, 2005), Chairman of the Financial Supervision Commission
,Gerguana Mihaylova (financial system in transition, University of National and World Economy, 2007), Deputy President of National Statistical Institute, Darina Koleva (exchange rate regimes, co-tutelle, University of Orleans, France, 2006), Financial Supervision Commission - Head of the Office of the Chairman, Desislava Tocheva (currency boards, co-tutelle, University of Orleans, France, 2004), Professor of Finance and Accounting, IFAG, Sofia, Katerina Voicheska, Research Fellow III degree, Bulgarian Academy of Science,
•Monetary order. Critics of monetary theory, Siela Edition (Soft and Publishing), 2007, Sofia, 240 pages.
•Exchange rate Inflation: France and Bulgaria in the interwar period. The contribution of Albert Aftalion
(1874–1956), Edition of Bulgarian National Bank, 2005, 70 pages, (in English, French and Bulgarian)
•From Lev to Euro: Which is the Best Way? Scenarios for Bulgaria integration to EMU, (with K. Hristov, B. Petrov), Siela Edition (Soft and Publishing), 2001, Sofia, 170 pages.
•Free Money (the questions of economic theory), Edition of Bulgarian Academy of Sciences, Academic Publishing House “Marin Drinov”, 2001, Sofia, 220 pages.
•The Demand for Money in Transitional economies, 1998, 270 pages, Sofia, Edition of Bulgarian Academy of Sciences, Academic Publishing House “Marin Drinov”.
Deposit Insurance around the World. Issues of Design and Implementation, MIT Press, Cambridge, Edited by Aslı Demirgüç-Kunt, Edward J. Kane and Luc Laeven, 2008
Monetary Convergence on the Road to EMU: Conceptual Issues for Eastern Europe, in: Melting the Boundaries: Institutional Transformation in the Wider Europe, pp. 129–152, Yagi, K. and S. Mizobata, Eds, Kyoto University Press, 2008
Exchange rate control in Italy and Bulgaria in the interwar period. History and Perspectives, (with G. Pavanelli, K. Dimitrova), in: The Experience of Exchange Rate Regimes in South-Eastern Europe in a historical and comparative perspective, Oesterreichische Nationalbank
, 2007
Le Currency board comme institution: une comparaison des expériences bulgare, estonienne et lithuanienne, (with D. Koleva) (2007), in: Nouvelles Europes. Trajectoires et enjeux économiques, Koleva, P., N. Ridet-Kroichvilli, J. Vercueil, Eds., UTBM, France, pp. 109–138.
Money market liquidity under currency board-empirical investigations for Bulgaria, (with P. Chobanov) 2005, chapter 6, in Financial institutions and development, E. Klein Edition, New York
Currency Boards and Financial Stability: Experiences from Argentina and Bulgaria, (with Berlemann, M.), in: Sovereign risk and financial crisis, Frenkel, M., Karmann, A., Scholtens, B., Eds), Spinger - Verlag, 2004, pp. 237 – 257.
The efficiency of banking system in CEE: inequality and convergence to the EU, (with Tomova, M. and Naneva, T.), in: Financial markets in CEE, Stability and efficiency perspectives, (Balling, M., Lierman, F., and Mullineux, A., eds), Routledge
, London, 2004, pp. 225 – 251.
The Banking System in Bulgaria (with Caporale, Guglielmo Maria, Hristov, Kalin, Miller, Jeffrey, Petrov, Boris), in: Banking Reforms in South-East Europe, Sevic Z., (ed.), Edward Elgar
, 2002, London, pp. 219–240.
Nenovsky N., K. Tochkov and C. Turcu (2011). «From Prosperity to Depression: Bulgaria and Romania (1996/97 – 2010) » William Davidson Institute Working Paper No 1018
Nenovsky N.(2010). «Bulgarian Economists during The Great Depression» Laboratoire d'Economie d'Orléans , Document de Recherche , n° 2010-27
Nenovsky N., J.Milev. (2010).«Capital Pension Schemes in Bulgaria, Hungary and Slovakia and the Impact of the Ongoing Financial Crisis on them» Laboratoire d'Economie d'Orléans , Document de Recherche , No 2010-26
Nenovsky N., D.Ialnazov. (2010).«The Evolution of Post-Communist Countries: An Interpretation from the Perspective of Cooperation » Laboratoire d'Economie d'Orléans , Document de Recherche , No 2010-10
Nenovsky N, (2010).«Economic and Social Thoughts of Ivan Pososhkov (1652-1726)». International Center for Economic Research Working Paper, No 2
Monetary Regimes in Post-Communist Countries: Some Long-Term Reflections, International Relations [Mejdunarodni Otnoshenia], 2009, No2, pp. 79–97 (in Bulgarian); also as Agency for Economic Analysis and Forecasting WP 2009 No 2 (in English).
Nenovsky N, (2007). „ Place of Labor and Labor Theory in Tugan Baranovsky’s Theoretical System“.The Kyoto Economic Review Vol. 78 (2009), No.1 pp. 53–77 ]
On money as an institution (A review essay on Luca Fantacci’s book La Moneta: Storia di un'istituzione mancata), Sociological Problems [Sociologicheski Problemi], No 1-2, pp. 250–280 (in Bulgarian).
The Evolution of Bulgarian Banks Efficiency during the twenties a DEA approach, (with G. Mihaylova and Ivanov M.), Bank of Greece
Working Papers, No 82, 2008.
Efficiency of the Bulgarian banking System: Traditional Approach and DEA, (with P.Chobanov, Mihaylova G. and Koleva D.), Agency for Economic Analysis and Forecasting WP 2008 No 1.
Dynamics of the financial wealth of the institutional sectors in Bulgaria: Empirical studies of the post-communist period, (with G. Mihaylova), William Davidson Institute Working Paper, 2007, N 864, also in Bulgarian in Economic Thought, 2007, N 4, pp. 72–92
Exchange rate control in Italy and Bulgaria in the interwar period. History and Perspectives, (with G. Pavanelli, K. Dimitrova), International Center of Economic Research Working Paper, 2007, N 40
Exchange Rate and Inflation: France and Bulgaria in the interwar period, (with K. Dimitrova), International Center of Economic Research Working Paper, 2006, also in
Monetary Convergence on the Road to EMU: Conceptual Issues for Eastern Europe, International Center of Economic Research Working Paper, 2006, N 33
Lenin and the currency competition. Reflections on the NEP experience (1922–1924), International Center of Economic Research Working Paper, 2006, N 22
Convergence and Shocks in the road to EU: Empirical investigations for Bulgaria and Romania, (with JM Figuet), William Davidson Institute Working Paper, 2006, N 810.
Notes on convergence, New Times [Novo Vreme], N 8-9, pp. 67–77 (in Bulgarian)
Bulgaria
Bulgaria , officially the Republic of Bulgaria , is a parliamentary democracy within a unitary constitutional republic in Southeast Europe. The country borders Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, as well as the Black Sea to the east...
n economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
, and Professor of economics and finance.
He graduated from the Moscow State University
Moscow State University
Lomonosov Moscow State University , previously known as Lomonosov University or MSU , is the largest university in Russia. Founded in 1755, it also claims to be one of the oldest university in Russia and to have the tallest educational building in the world. Its current rector is Viktor Sadovnichiy...
, Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
(M.A in 1989), received his Ph.D in economics from the Bulgarian Academy of Sciences
Bulgarian Academy of Sciences
The Bulgarian Academy of Sciences is the National Academy of Bulgaria, established in 1869. The Academy is autonomous and has a Society of Academicians, Correspondent Members and Foreign Members...
(1995). Actually he taught Monetary theory
Monetary theory
Monetary economics is a branch of economics that historically prefigured and remains integrally linked to macroeconomics. Monetary economics provides a framework for analyzing money in its functions as a medium of exchange, store of value, and unit of account. It considers how money, for example...
and International Finance
International finance
International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, global financial system, and how these affect international trade. It also studies international projects, international investments and capital flows, and trade deficits. It includes...
at the University of National and World Economy
University of National and World Economy
The University of National and World Economy is a university located in Sofia, Bulgaria.- History :University of National and World Economy is one of the biggest and oldest higher educational institutions of economics in the Republic of Bulgaria and South Eastern Europe with a history of almost...
, Sofia
Sofia
Sofia is the capital and largest city of Bulgaria and the 12th largest city in the European Union with a population of 1.27 million people. It is located in western Bulgaria, at the foot of Mount Vitosha and approximately at the centre of the Balkan Peninsula.Prehistoric settlements were excavated...
. He is also affiliated to Laboratoire d’économie d’Orléans (LEO), since 2002 and to International Center for Economic Research (ICER), Torino, since 2006. From 2010 he is STUDIUM (Institute for Advanced Studies) researcher at the University of Orleans. In 1996 he joined the Bulgarian National Bank
Bulgarian National Bank
The Bulgarian National Bank is the central bank of the Republic of Bulgaria with its headquarters in Sofia. The BNB has been established on 25 January 1879. It is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector...
Research Department, where he engaged over the years in empirical
Empirical
The word empirical denotes information gained by means of observation or experimentation. Empirical data are data produced by an experiment or observation....
and theoretical research, focusing on the monetary theory ans policy, econometric methods and modeling. He was made head of the research department in 1997. During (2002–2008) he was Member of the Governing Council at the Bulgarian National Bank
Bulgarian National Bank
The Bulgarian National Bank is the central bank of the Republic of Bulgaria with its headquarters in Sofia. The BNB has been established on 25 January 1879. It is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector...
. Nikolay Nenovsky was a Member of Economic Advisory Council of the President of Bulgaria, 2002-2008 (in charge of the Economic Report for the President).
Nikolay Nenovsky is founder and Vice-president of Bulgarian Macroeconomic Association (2003–2005), and founder of Bulgarian Hayek Society (2002) and BHS monthly seminar (since 2004)
He is Member of Editorial Board of: Revue d’économie politique (France), East -West Journal of Economics and Business (Greece),The Journal of Comparative Economic Studies (Japan), Panoeconomicus (Serbia), Economic Studies [Ikonomicheski Izsledvania], Bulgarian Academy of Sciences. Fields of research activity: monetary and international economics, currency board
Currency board
A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target....
, eurozone, monetary history, history of economic thought.
PhD Students
Among his PhD students are:Peter Chobanov (Ph.D thesis - Systemic risk, University of National and World Economy, Sofia, 2005), Chairman of the Financial Supervision Commission
,Gerguana Mihaylova (financial system in transition, University of National and World Economy, 2007), Deputy President of National Statistical Institute, Darina Koleva (exchange rate regimes, co-tutelle, University of Orleans, France, 2006), Financial Supervision Commission - Head of the Office of the Chairman, Desislava Tocheva (currency boards, co-tutelle, University of Orleans, France, 2004), Professor of Finance and Accounting, IFAG, Sofia, Katerina Voicheska, Research Fellow III degree, Bulgarian Academy of Science,
Books
•Economic Discussions at the European Periphery. Bulgarian Economists During the Great Depression 2010•Monetary order. Critics of monetary theory, Siela Edition (Soft and Publishing), 2007, Sofia, 240 pages.
•Exchange rate Inflation: France and Bulgaria in the interwar period. The contribution of Albert Aftalion
Albert Aftalion
Albert Abram Aftalion was a French Jewish economist.He taught at the Paris University . He co-founded the academic journal Revue économique in 1950 and presided over its board of directors....
(1874–1956), Edition of Bulgarian National Bank, 2005, 70 pages, (in English, French and Bulgarian)
•From Lev to Euro: Which is the Best Way? Scenarios for Bulgaria integration to EMU, (with K. Hristov, B. Petrov), Siela Edition (Soft and Publishing), 2001, Sofia, 170 pages.
•Free Money (the questions of economic theory), Edition of Bulgarian Academy of Sciences, Academic Publishing House “Marin Drinov”, 2001, Sofia, 220 pages.
•The Demand for Money in Transitional economies, 1998, 270 pages, Sofia, Edition of Bulgarian Academy of Sciences, Academic Publishing House “Marin Drinov”.
Chapters in Books
Deposit Insurance around the World. Issues of Design and Implementation, MIT Press, Cambridge, Edited by Aslı Demirgüç-Kunt, Edward J. Kane and Luc Laeven, 2008
Monetary Convergence on the Road to EMU: Conceptual Issues for Eastern Europe, in: Melting the Boundaries: Institutional Transformation in the Wider Europe, pp. 129–152, Yagi, K. and S. Mizobata, Eds, Kyoto University Press, 2008
Exchange rate control in Italy and Bulgaria in the interwar period. History and Perspectives, (with G. Pavanelli, K. Dimitrova), in: The Experience of Exchange Rate Regimes in South-Eastern Europe in a historical and comparative perspective, Oesterreichische Nationalbank
Oesterreichische Nationalbank
The Oesterreichische Nationalbank is the central bank of the Republic of Austria and, as such, an integral part of both the European System of Central Banks and the Eurozone. In the public interest, the OeNB contributes to monetary and economic policy decision-making in Austria and in the Euro area...
, 2007
Le Currency board comme institution: une comparaison des expériences bulgare, estonienne et lithuanienne, (with D. Koleva) (2007), in: Nouvelles Europes. Trajectoires et enjeux économiques, Koleva, P., N. Ridet-Kroichvilli, J. Vercueil, Eds., UTBM, France, pp. 109–138.
Money market liquidity under currency board-empirical investigations for Bulgaria, (with P. Chobanov) 2005, chapter 6, in Financial institutions and development, E. Klein Edition, New York
Currency Boards and Financial Stability: Experiences from Argentina and Bulgaria, (with Berlemann, M.), in: Sovereign risk and financial crisis, Frenkel, M., Karmann, A., Scholtens, B., Eds), Spinger - Verlag, 2004, pp. 237 – 257.
The efficiency of banking system in CEE: inequality and convergence to the EU, (with Tomova, M. and Naneva, T.), in: Financial markets in CEE, Stability and efficiency perspectives, (Balling, M., Lierman, F., and Mullineux, A., eds), Routledge
Routledge
Routledge is a British publishing house which has operated under a succession of company names and latterly as an academic imprint. Its origins may be traced back to the 19th-century London bookseller George Routledge...
, London, 2004, pp. 225 – 251.
The Banking System in Bulgaria (with Caporale, Guglielmo Maria, Hristov, Kalin, Miller, Jeffrey, Petrov, Boris), in: Banking Reforms in South-East Europe, Sevic Z., (ed.), Edward Elgar
Edward Elgar
Sir Edward William Elgar, 1st Baronet OM, GCVO was an English composer, many of whose works have entered the British and international classical concert repertoire. Among his best-known compositions are orchestral works including the Enigma Variations, the Pomp and Circumstance Marches, concertos...
, 2002, London, pp. 219–240.
Papers and Others Research Works
Nenovsky N., P. Villieu.(2011). «EU enlargement and monetary regimes from the insurance model perspective» Post-Communist Economies, Vol. 23, Issue 4, pages 433-447Nenovsky N., K. Tochkov and C. Turcu (2011). «From Prosperity to Depression: Bulgaria and Romania (1996/97 – 2010) » William Davidson Institute Working Paper No 1018
Nenovsky N.(2010). «Bulgarian Economists during The Great Depression» Laboratoire d'Economie d'Orléans , Document de Recherche , n° 2010-27
Nenovsky N., J.Milev. (2010).«Capital Pension Schemes in Bulgaria, Hungary and Slovakia and the Impact of the Ongoing Financial Crisis on them» Laboratoire d'Economie d'Orléans , Document de Recherche , No 2010-26
Nenovsky N., D.Ialnazov. (2010).«The Evolution of Post-Communist Countries: An Interpretation from the Perspective of Cooperation » Laboratoire d'Economie d'Orléans , Document de Recherche , No 2010-10
Nenovsky N, (2010).«Economic and Social Thoughts of Ivan Pososhkov (1652-1726)». International Center for Economic Research Working Paper, No 2
Monetary Regimes in Post-Communist Countries: Some Long-Term Reflections, International Relations [Mejdunarodni Otnoshenia], 2009, No2, pp. 79–97 (in Bulgarian); also as Agency for Economic Analysis and Forecasting WP 2009 No 2 (in English).
Nenovsky N, (2007). „ Place of Labor and Labor Theory in Tugan Baranovsky’s Theoretical System“.The Kyoto Economic Review Vol. 78 (2009), No.1 pp. 53–77 ]
On money as an institution (A review essay on Luca Fantacci’s book La Moneta: Storia di un'istituzione mancata), Sociological Problems [Sociologicheski Problemi], No 1-2, pp. 250–280 (in Bulgarian).
The Evolution of Bulgarian Banks Efficiency during the twenties a DEA approach, (with G. Mihaylova and Ivanov M.), Bank of Greece
Bank of Greece
The Bank of Greece is the nationalcentral bank of Greece, located in Athens on Panepistimiou Street, with several branches across the country. Founded in 1927...
Working Papers, No 82, 2008.
Efficiency of the Bulgarian banking System: Traditional Approach and DEA, (with P.Chobanov, Mihaylova G. and Koleva D.), Agency for Economic Analysis and Forecasting WP 2008 No 1.
Dynamics of the financial wealth of the institutional sectors in Bulgaria: Empirical studies of the post-communist period, (with G. Mihaylova), William Davidson Institute Working Paper, 2007, N 864, also in Bulgarian in Economic Thought, 2007, N 4, pp. 72–92
Exchange rate control in Italy and Bulgaria in the interwar period. History and Perspectives, (with G. Pavanelli, K. Dimitrova), International Center of Economic Research Working Paper, 2007, N 40
Exchange Rate and Inflation: France and Bulgaria in the interwar period, (with K. Dimitrova), International Center of Economic Research Working Paper, 2006, also in
Monetary Convergence on the Road to EMU: Conceptual Issues for Eastern Europe, International Center of Economic Research Working Paper, 2006, N 33
Lenin and the currency competition. Reflections on the NEP experience (1922–1924), International Center of Economic Research Working Paper, 2006, N 22
Convergence and Shocks in the road to EU: Empirical investigations for Bulgaria and Romania, (with JM Figuet), William Davidson Institute Working Paper, 2006, N 810.
Notes on convergence, New Times [Novo Vreme], N 8-9, pp. 67–77 (in Bulgarian)
External reference
- NikolayNenovsky.com
- Seminars and research material on currency boards
- Le Studium
- STUDIUM THURSDAYS - Conferences calendar 2010-11
- wikiberal
- Academic Research
- IDEASIDEASThe acronym IDEAS may refer to:* IDEAS, a database maintained by the Research Papers in Economics project* I-DEAS * Institute for Democracy and Economic AffairsSee also:* IDEA...
http://ideas.repec.org/e/pne40.html - Laboratoire d’économie d’Orléans (LEO)
- Dnevnik 2011