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Analysis of Wealth in Bulgaria According to Empirical Research

Author

Listed:
  • Petar Peshev

    (University of National and World Economy, Sofia, Bulgaria)

  • Kristina Stefanova

    (Bulgarian Academy of Science, Sofia, Bulgaria)

  • Ivan Bozhikin

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

This paper analyses wealth in Bulgaria according to estimates of its value, structure and distribution in selected scientific publications and databases, including data on wealth in Bulgaria from the World inequality database (WID); Global Wealth Report and Global Wealth Databook, published by Credit Suisse Research Institute; Allianz Global Wealth Report. The value, structure and distribution of wealth are analysed in static and dynamic terms, taking into account methodological assumptions, limitations and challenges of individual studies and methodologies. A distinction is made between the income capitalisation approach and the econometric estimation approach to derive values for wealth, its structure and distribution.

Suggested Citation

  • Petar Peshev & Kristina Stefanova & Ivan Bozhikin, 2024. "Analysis of Wealth in Bulgaria According to Empirical Research," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 131–145-1, December.
    • Handle: RePEc:nwe:natrud:y:2024:i:4:p:131-145
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    More about this item

    Keywords

    inequality; wealth; distribution of wealth; concentration of wealth; top decile; top percentile;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth

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