Evaluation of the Net Wealth in Bulgaria Using Data from the Global Wealth Databook of Shorrocks et al. (2023)

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cris.sourceIdoai:journals.unwe.bg:article/161
dc.creatorPeshev, Petaren
dc.date2024-05-30
dc.date.accessioned2026-09-24T23:09:45Z
dc.date.available2026-09-24T23:09:45Z
dc.descriptionThis research paper estimates the net wealth of an adult in Bulgaria, using data of Shorrocks et al. (2023). Net wealth per adult has a strong functional relationship with GDP per adult, corresponding on average to four times GDP per adult. Econometric research suggests net wealth per adult equals between $56,989 and $66,373. Net wealth is most sensitive to changes in wealth, in the form of real assets and to a lesser extent, to financial wealth and debt, and to changes in GDP per adult and the rate of change of the elderly population.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/161
dc.identifier10.37075/RP.2024.2.04
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/885
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/161/153
dc.rightsCopyright (c) 2024 Petar Peshev (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 2 (2024); 53-64en
dc.subjectRegression analysisen
dc.subjectNet worth per adulten
dc.subjectWealth in bulgariaen
dc.subjectWealth modellingen
dc.subjectE01 - Measurement and Data on National Income and Product Accounts and Wealth • Environmental Accountsen
dc.subjectE21 - Consumption • Saving • Wealthen
dc.subjectG51 - Household Saving, Borrowing, Debt, and Wealthen
dc.titleEvaluation of the Net Wealth in Bulgaria Using Data from the Global Wealth Databook of Shorrocks et al. (2023)en
dc.typePeer-reviewed Articleen

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