Atanas Pekanov
@atanaspekanov.bsky.social
Former Deputy Prime Minister of Bulgaria (2021, 2022-2023)
Economist - Monetary and Europe
Economist - Monetary and Europe
Calls to break the euro are back in vogue so I decided to write again on why Bulgaria is joining now and how it helps us – with better ratings, saving costs and improving our EU representation. The euro is a vital geopolitical step, but not a panacea if u have bad policies. 1/n
November 6, 2025 at 4:23 PM
Calls to break the euro are back in vogue so I decided to write again on why Bulgaria is joining now and how it helps us – with better ratings, saving costs and improving our EU representation. The euro is a vital geopolitical step, but not a panacea if u have bad policies. 1/n
I'm recruiting - come work with me in the next months! If you're graduate student, preferably Econ Masters stdnt, have interest in monetary policy & inequality, join me @wifo.bsky.social as RA for my upcoming @oenb.at Anniversary Fund project on Monetary Policy & Redistribution. Info below!
Das #WIFO sucht eine:n Wissenschaftliche:n Projektmitarbeiter:in (m/w/d) für 20 Std./Woche für das OeNB-Projekt "Household Heterogeneity and Monetary Policy Amplification in Austria".
Wir freuen uns über Bewerbungen und Reposts!
▶️ Weitere Informationen: buff.ly/zkEMdJn
Wir freuen uns über Bewerbungen und Reposts!
▶️ Weitere Informationen: buff.ly/zkEMdJn
July 25, 2025 at 11:04 AM
I'm recruiting - come work with me in the next months! If you're graduate student, preferably Econ Masters stdnt, have interest in monetary policy & inequality, join me @wifo.bsky.social as RA for my upcoming @oenb.at Anniversary Fund project on Monetary Policy & Redistribution. Info below!
Reposted by Atanas Pekanov
More on Stantcheva, who btw is an immigrant from Bulgaria.
www.imf.org/en/Publicati....
www.imf.org/en/Publicati....
April 22, 2025 at 12:18 PM
More on Stantcheva, who btw is an immigrant from Bulgaria.
www.imf.org/en/Publicati....
www.imf.org/en/Publicati....
One of the most inspiring economists of our time, hard to imagine anybody deserving it more. Congratulations
@s-stantcheva.bsky.social for winning the John Bates Clark Medal! Amazing work on public economics, taxation, innovation, political economy and much more! Chapeau!
@s-stantcheva.bsky.social for winning the John Bates Clark Medal! Amazing work on public economics, taxation, innovation, political economy and much more! Chapeau!
April 22, 2025 at 1:01 PM
One of the most inspiring economists of our time, hard to imagine anybody deserving it more. Congratulations
@s-stantcheva.bsky.social for winning the John Bates Clark Medal! Amazing work on public economics, taxation, innovation, political economy and much more! Chapeau!
@s-stantcheva.bsky.social for winning the John Bates Clark Medal! Amazing work on public economics, taxation, innovation, political economy and much more! Chapeau!
Reposted by Atanas Pekanov
#WIFOMonatsberichte: 2024 war die Lücke in der Produktivitäts- & BIP-Entwicklung, die sich in den letzten 2 Jahrzehnten zwischen 🇪🇺 und 🇺🇸 aufgetan hat, ein Hauptthema der wirtschaftspolitischen Debatte in der EU. @atanaspekanov.bsky.social buff.ly/5smlJ4d
April 16, 2025 at 7:02 AM
#WIFOMonatsberichte: 2024 war die Lücke in der Produktivitäts- & BIP-Entwicklung, die sich in den letzten 2 Jahrzehnten zwischen 🇪🇺 und 🇺🇸 aufgetan hat, ein Hauptthema der wirtschaftspolitischen Debatte in der EU. @atanaspekanov.bsky.social buff.ly/5smlJ4d
Trump and Vance destroying all respect for the US in front of the whole world.
February 28, 2025 at 8:55 PM
Trump and Vance destroying all respect for the US in front of the whole world.
Reposted by Atanas Pekanov
As part of the nominating team, I cannot be happier for my intellectual role models and mentors for this long-overdue recognition. Here is to more!
www.premiosfronterasdelconocimiento.es/noticias/pre...
www.premiosfronterasdelconocimiento.es/noticias/pre...
Premio Fronteras del Conocimiento a Blanchard, Galí y Woodford por su profunda influencia en la macroeconomía moderna y en el diseño de reglas de política monetaria y fiscal - Premios Fronteras
El jurado les reconoce como “arquitectos centrales del paradigma neokeynesiano” por haber integrado “la competencia monopolística y las rigideces nominales y reales en modelos dinámicos de equilibrio ...
www.premiosfronterasdelconocimiento.es
February 25, 2025 at 1:49 PM
As part of the nominating team, I cannot be happier for my intellectual role models and mentors for this long-overdue recognition. Here is to more!
www.premiosfronterasdelconocimiento.es/noticias/pre...
www.premiosfronterasdelconocimiento.es/noticias/pre...
Draghi: "About the fear of creating public debt. Let me remind you another thing. If you look at the last 15, 20 years, the United States government has injected into the economy $14 plus trillion, we did seven times less. Now, it must have produced some difference".
February 18, 2025 at 10:54 PM
Draghi: "About the fear of creating public debt. Let me remind you another thing. If you look at the last 15, 20 years, the United States government has injected into the economy $14 plus trillion, we did seven times less. Now, it must have produced some difference".
Draghi: "You say no to public debt. You say no to the single market. You say no to create a capital market union. You can't say no to everything. Otherwise, you have also to admit that you are not able to deliver on the fundamental values for which this EU has being created".
February 18, 2025 at 10:53 PM
Draghi: "You say no to public debt. You say no to the single market. You say no to create a capital market union. You can't say no to everything. Otherwise, you have also to admit that you are not able to deliver on the fundamental values for which this EU has being created".
Reposted by Atanas Pekanov
@atanaspekanov.bsky.social:
"Draghi: "You say no to public debt. You say no to the single market. You say no to create a capital market union. You can't say no to everything. Otherwise, you have also to admit that you are not able to deliver on the fundamental values for which this EU been created""
"Draghi: "You say no to public debt. You say no to the single market. You say no to create a capital market union. You can't say no to everything. Otherwise, you have also to admit that you are not able to deliver on the fundamental values for which this EU been created""
February 18, 2025 at 7:43 PM
@atanaspekanov.bsky.social:
"Draghi: "You say no to public debt. You say no to the single market. You say no to create a capital market union. You can't say no to everything. Otherwise, you have also to admit that you are not able to deliver on the fundamental values for which this EU been created""
"Draghi: "You say no to public debt. You say no to the single market. You say no to create a capital market union. You can't say no to everything. Otherwise, you have also to admit that you are not able to deliver on the fundamental values for which this EU been created""
Very happy to be chosen again by @europarl.europa.eu ECON Committee to serve as an expert on the Monetary Policy Expert Panel for the next 4 years. The Panel provides insights to the ECON Committee on monetary policy to prepare the Monetary Dialogue with ECB President Lagarde. @wifo.bsky.social
February 4, 2025 at 1:34 PM
Very happy to be chosen again by @europarl.europa.eu ECON Committee to serve as an expert on the Monetary Policy Expert Panel for the next 4 years. The Panel provides insights to the ECON Committee on monetary policy to prepare the Monetary Dialogue with ECB President Lagarde. @wifo.bsky.social
Reposted by Atanas Pekanov
In einem aktuellen #WIFO Research Brief von @atanaspekanov.bsky.social und @gfelbermayr.bsky.social werden die wichtigsten Punkte des "Competitiveness Compass" der Europäischen Kommission zusammengefasst und analysiert. https://buff.ly/42CCOz0
January 31, 2025 at 1:03 PM
In einem aktuellen #WIFO Research Brief von @atanaspekanov.bsky.social und @gfelbermayr.bsky.social werden die wichtigsten Punkte des "Competitiveness Compass" der Europäischen Kommission zusammengefasst und analysiert. https://buff.ly/42CCOz0
Delighted to talk this Friday at the Austrian National Bank Research Seminar on my research on Monetary Policy & the Redistribution Channel in the Euro area. In this paper, I show how implicit redistribution after interest rate cuts amplifies the effects of monetary policy.
January 16, 2025 at 9:12 AM
Delighted to talk this Friday at the Austrian National Bank Research Seminar on my research on Monetary Policy & the Redistribution Channel in the Euro area. In this paper, I show how implicit redistribution after interest rate cuts amplifies the effects of monetary policy.
Reposted by Atanas Pekanov
The LA wildfires have given landlords an opportunity to raise rents. California has anti-price-gouging regulation that might prevent that.
If you want to step beyond Econ 101, here’s a recent Econometrica paper that shows how price caps can raise welfare.
onlinelibrary.wiley.com/doi/abs/10.3...
If you want to step beyond Econ 101, here’s a recent Econometrica paper that shows how price caps can raise welfare.
onlinelibrary.wiley.com/doi/abs/10.3...
Econometrica | Econometric Society Journal | Wiley Online Library
Policymakers frequently use price regulations as a response to inequality in the markets they control. In this paper, we examine the optimal structure of such policies from the perspective of mechani...
onlinelibrary.wiley.com
January 13, 2025 at 6:45 PM
The LA wildfires have given landlords an opportunity to raise rents. California has anti-price-gouging regulation that might prevent that.
If you want to step beyond Econ 101, here’s a recent Econometrica paper that shows how price caps can raise welfare.
onlinelibrary.wiley.com/doi/abs/10.3...
If you want to step beyond Econ 101, here’s a recent Econometrica paper that shows how price caps can raise welfare.
onlinelibrary.wiley.com/doi/abs/10.3...
This is factually correct, a positive development, and the Innovation Scoreboard database is a great source. But we should admit the grim reality of total EU R&D – according to 2023 data EU firms invested in R&D 235 bn €, while US firms invested.. 531 bn €! Miles apart.
ec.europa.eu/commission/p...
ec.europa.eu/commission/p...
EU companies top US and China counterparts in R&D investment growth, breaking decade-long trend
Europe's industry has increased its investment in research and development (R&D) by 9.8% in 2023, surpassing the growth of corporate R&D investment in the US (+5.9%) and China (+9.6%) for the first ti...
ec.europa.eu
December 19, 2024 at 10:36 AM
This is factually correct, a positive development, and the Innovation Scoreboard database is a great source. But we should admit the grim reality of total EU R&D – according to 2023 data EU firms invested in R&D 235 bn €, while US firms invested.. 531 bn €! Miles apart.
ec.europa.eu/commission/p...
ec.europa.eu/commission/p...
Finally - Bulgaria & Romania enter the Schengen area fully! A decision long due, as we fulfill the conditions since 2011. Thanks to many Bulgarian and Romanian governments for their work & efforts, to the Commission @ec.europa.eu and the Hungarian Presidency for the support!
December 12, 2024 at 9:43 AM
Finally - Bulgaria & Romania enter the Schengen area fully! A decision long due, as we fulfill the conditions since 2011. Thanks to many Bulgarian and Romanian governments for their work & efforts, to the Commission @ec.europa.eu and the Hungarian Presidency for the support!
This was a great conversation on euro adoption in Eastern Europe. I argued Bulgaria should adopt the euro soon - it gives us more sovereignty (by co-deciding on euro area monetary policy), eliminates transaction costs, increases our sovereign rating and reduces yields.
What are the prospects for €uro adoption in Central and Eastern Europe?
In case you have missed our @LSEEI @CETEx_LSE
panel you can now watch the recording here: youtu.be/hB7IThZLlxU?...
w/ Reiner Martin, @nagymohacsi.bsky.social, @atanaspekanov.bsky.social and @apsmolenska.bsky.social
In case you have missed our @LSEEI @CETEx_LSE
panel you can now watch the recording here: youtu.be/hB7IThZLlxU?...
w/ Reiner Martin, @nagymohacsi.bsky.social, @atanaspekanov.bsky.social and @apsmolenska.bsky.social
December 10, 2024 at 7:16 PM
This was a great conversation on euro adoption in Eastern Europe. I argued Bulgaria should adopt the euro soon - it gives us more sovereignty (by co-deciding on euro area monetary policy), eliminates transaction costs, increases our sovereign rating and reduces yields.
Reposted by Atanas Pekanov
Heading to Munich for the 14th ifo Conference on #Macro and #SurveyData! Thrilled to co-organize this fantastic event. Excited for two days filled with cutting-edge research—and maybe a Bavarian beer or two. 🍻 @apeichl.bsky.social
ifo.de/en/event/202...
ifo.de/en/event/202...
14th ifo Conference on Macroeconomics and Survey Data
The purpose of this conference is to discuss ongoing research on survey and micro data and its role and usage in macroeconomics.
ifo.de
December 4, 2024 at 12:11 PM
Heading to Munich for the 14th ifo Conference on #Macro and #SurveyData! Thrilled to co-organize this fantastic event. Excited for two days filled with cutting-edge research—and maybe a Bavarian beer or two. 🍻 @apeichl.bsky.social
ifo.de/en/event/202...
ifo.de/en/event/202...
A short visualization below of what needs to be extremely high on the priority list for the new EU Commission and all EU Member States:
Euro area productivity growth: on average 0.2% since the pandemic, 0.5% before pandemic
US: 1.8% before the pandemic, 1.8% since pandemic
Euro area productivity growth: on average 0.2% since the pandemic, 0.5% before pandemic
US: 1.8% before the pandemic, 1.8% since pandemic
December 3, 2024 at 9:16 PM
A short visualization below of what needs to be extremely high on the priority list for the new EU Commission and all EU Member States:
Euro area productivity growth: on average 0.2% since the pandemic, 0.5% before pandemic
US: 1.8% before the pandemic, 1.8% since pandemic
Euro area productivity growth: on average 0.2% since the pandemic, 0.5% before pandemic
US: 1.8% before the pandemic, 1.8% since pandemic
Some days ago I spoke to the European Parliament BUDG Committee on a technical, yet important topic - EU contingent liabilities - that is the long-run fiscal risks to the EU budget, which are hard to predict and account for. 💶
@danusenerudova.bsky.social
@danusenerudova.bsky.social
December 2, 2024 at 7:11 PM
Some days ago I spoke to the European Parliament BUDG Committee on a technical, yet important topic - EU contingent liabilities - that is the long-run fiscal risks to the EU budget, which are hard to predict and account for. 💶
@danusenerudova.bsky.social
@danusenerudova.bsky.social
Very good thread on tariffs, dollar dominance and the supposed BRICS currency (which is non-existent anyways).
Also this kind of threads was what made the other place actually great for a long time; good that a working alternative seems to be slowly emerging.
Also this kind of threads was what made the other place actually great for a long time; good that a working alternative seems to be slowly emerging.
It goes without saying that this is stupid, and I wonder what set it off. Was there a segment on Fox News? But I thought it might be worth a thread explaining what Trump (and, to be fair, some other international leaders) don't get about international money 1/
December 1, 2024 at 1:30 PM
Very good thread on tariffs, dollar dominance and the supposed BRICS currency (which is non-existent anyways).
Also this kind of threads was what made the other place actually great for a long time; good that a working alternative seems to be slowly emerging.
Also this kind of threads was what made the other place actually great for a long time; good that a working alternative seems to be slowly emerging.
A good way to start December with this thoughtful essay by @benmoll.bsky.social
Indeed, an issue for heterogeneous agents models - agents need to solve for whole asset distribution forward to get interest rates & decisions today.
Always difficult to defend this when explaining the logic of HANK.
Indeed, an issue for heterogeneous agents models - agents need to solve for whole asset distribution forward to get interest rates & decisions today.
Always difficult to defend this when explaining the logic of HANK.
December 1, 2024 at 1:01 PM
A good way to start December with this thoughtful essay by @benmoll.bsky.social
Indeed, an issue for heterogeneous agents models - agents need to solve for whole asset distribution forward to get interest rates & decisions today.
Always difficult to defend this when explaining the logic of HANK.
Indeed, an issue for heterogeneous agents models - agents need to solve for whole asset distribution forward to get interest rates & decisions today.
Always difficult to defend this when explaining the logic of HANK.
Starting to post also here, here we go - a new version of my paper on monetary policy and redistribution - now with section on the connection between inequality & monetary policy. More inequality is related to more potent monetary policy in the Euro area.
atanaspekanov.com/wp-content/u...
atanaspekanov.com/wp-content/u...
November 17, 2024 at 5:52 PM
Starting to post also here, here we go - a new version of my paper on monetary policy and redistribution - now with section on the connection between inequality & monetary policy. More inequality is related to more potent monetary policy in the Euro area.
atanaspekanov.com/wp-content/u...
atanaspekanov.com/wp-content/u...
Klarna, valued around $15 bn, chooses to make its IPO in the US. Europe loses yet another valuable company, because it doesn't have a real Capital Markets Union. As Enrico Letta
powerfully argued, the dream of some EU startups...is sadly to go to the US.
www.ft.com/content/f0dc...
powerfully argued, the dream of some EU startups...is sadly to go to the US.
www.ft.com/content/f0dc...
Fintech Klarna files for IPO in US
Swedish buy now, pay later pioneer submits documents for widely anticipated flotation
www.ft.com
November 14, 2024 at 11:38 AM
Klarna, valued around $15 bn, chooses to make its IPO in the US. Europe loses yet another valuable company, because it doesn't have a real Capital Markets Union. As Enrico Letta
powerfully argued, the dream of some EU startups...is sadly to go to the US.
www.ft.com/content/f0dc...
powerfully argued, the dream of some EU startups...is sadly to go to the US.
www.ft.com/content/f0dc...
This week in my class in Economic Policy at WU Wien
we simulated a mock ECB Press Conference. Some very promising future ECB Presidents and Vice Presidents, as well as journalists in the class! : )
And I had the honour to play Wolfgang Proissl! : )
we simulated a mock ECB Press Conference. Some very promising future ECB Presidents and Vice Presidents, as well as journalists in the class! : )
And I had the honour to play Wolfgang Proissl! : )
December 8, 2023 at 4:12 PM
This week in my class in Economic Policy at WU Wien
we simulated a mock ECB Press Conference. Some very promising future ECB Presidents and Vice Presidents, as well as journalists in the class! : )
And I had the honour to play Wolfgang Proissl! : )
we simulated a mock ECB Press Conference. Some very promising future ECB Presidents and Vice Presidents, as well as journalists in the class! : )
And I had the honour to play Wolfgang Proissl! : )