Nikolay Nenovsky

Nikolay Nenovsky

Nikolay Nenovsky (born 26 July 1963) is a Bulgarian 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,[1] 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[2] (2003–2005), and founder of Bulgarian Hayek Society (2002) and BHS monthly seminar (since 2004)[3]

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.

Nikolay Nenovsky

Contents

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 ,[4]Gerguana Mihaylova (financial system in transition, University of National and World Economy, 2007), Deputy President of National Statistical Institute,[5] Darina Koleva (exchange rate regimes, co-tutelle, University of Orleans, France, 2006), Financial Supervision Commission - Head of the Office of the Chairman,[6] Desislava Tocheva (currency boards, co-tutelle, University of Orleans, France, 2004), Professor of Finance and Accounting, IFAG, Sofia,[7] Katerina Voicheska, Research Fellow III degree, Bulgarian Academy of Science,[8]

Major publications

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 (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[9]

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.

Papers and Others Research Works

Nikolay Nenovsky with representatives from the National Bank of Rwanda in 2005

Nenovsky N., P. Villieu.(2011). «EU enlargement and monetary regimes from the insurance model perspective» Post-Communist Economies, Vol. 23, Issue 4, pages 433-447

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)

References

External reference


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