Journal publications

“When is there a Kuznets curve? Some evidence from the ex-socialist countries”, Economic Systems (2018), Volume 42, Issue 2, Pages 248-268

“Ease of Doing Business and FDI in the Ex-Socialist Countries”, co-authored with Biljana Jovanovic, International Economics and Economic Policy (2018), Volume 15, Issue 3, Pages 587-627

“Tariff-induced (de)industrialization: An empirical analysis”, co-authored with Marjan Petreski and Igor Velickovski, Comparative Economic Studies (2017), Volume 59, Issue 3, Pages 345–381

“Growth Forecast Errors and Government Investment and Consumption Multipliers”, International Review of Applied Economics (2017), Volume 31, Number 1, Pages 83-107

“Post-Crisis Credit Slowdown in South-East Europe – Return to Normality?”, co-authored with Ljupka Georgievska and Egzona Hani, Empirica (2017), Volume 44, Issue 4, Pages 733-780

“Monetary policy, exchange rates and labor unions in SEE and CIS during the financial crisis”, co-authored with Marjan Petreski, Economic Systems (2014), Volume 38, Issue 3, Pages 309-332

“Monetary Policy in Small Open Economy with Fixed Exchange Rate: The Case of Macedonia”, co-authored with Marjan Petreski, Economic Systems (2012), Volume 36, Issue 4, Pages 594-608

“Monetary Policy in China: the role of the qualitative instruments”, co-authored with Marjan Petreski, Transition Studies Review (2011), Volume 20, Issue 3, Pages 437-442

“Should the Macedonian denar be devalued? Some evidence from the trade equations”, South-East Europe Review for Labour and Social Affairs (2009), 03/2009

“Keynesian Macroeconomic Model of the Republic of Macedonia: Economic Theory and Behavioural Equations”, co-authored with Marjan Petreski, Bulletin of the Ministry of Finance of the Republic of Macedonia (2008), 9-10/2008, Pages 49-59


“Вистинската цена на евтината работна сила – Политики за привлекување на странски директни инвестиции во Македонија, 2007-2015“ (2017) (in English: “The Real Price of the Cheap Labour Force – Policies for Attracting Foreign Direct Investment in Macedonia, 2007-2015”), Institute of Social Sciences and Humanities, Skopje.

“Remittances and Development in the Western Balkans: the cases of Macedonia, Kosovo and Bosnia and Herzegovina”, Scholars’ Press (2013), co-authored with Marjan Petreski, Despina Petreska, Ljupco Efremov, Sokol Havolli, Arben Mustafa, Nermin Oruc, Senada Smajic and Lejla Kamenjas

Chapters in edited volumes

“The Macedonian economy and the European Union”, co-authored with Igor Velickovski and Marjan Petreski, in ed. Bruglio, Lino (2016), “Small States and the European Union – Economic Perspectives”, Routledge.

“Do Remittances Reduce Poverty and Inequality in the Western Balkans? Evidence from Macedonia?”, co-authored with Marjan Petreski, in eds. Dahinden, J., Efendic, A. and Zbinden, M (2016), “Diversity of Migration in South East Europe”, RRPP Joint Volume.

“Did the Crisis Change it All? Evidence from Monetary and Fiscal Policy”, co-authored with Ana Mitreska, Maja Kadievska-Vojnovic, Ljupka Georgievska and Marija Petkovska, in ed. Ardian Fullani (2010), “Economic Policies in SEE – Design, Performance and Challenges“, Bank of Albania.

Working papers

“Kalman Filter Estimation of the Unrecorded Economy in Macedonia”, National Bank of the Republic of Macedonia Research Paper (2015)

“Can Monetary Policy Affect Economic Activity under Surplus Liquidity? Some Evidence from Macedonia”, with Aneta Krstevska and Neda Popovska-Kamnar, National Bank of the Republic of Macedonia Research Paper (2015)

“Recent Developments in House Prices in Macedonia”, Paper presented during the National Bank of Poland Workshop: Recent trends in the real estate market and its analysis, 2013 (pages 157-172 in the publication)

“Aggregation Bias in Trade Elasticities: The Case of Macedonia”, FIW working paper 106, FIW (2013)

“How Policy Actions Affect Short-Term Post-Crisis Recovery?”, CEIS Tor Vergata Working Paper No. 253 (2012)

“Sustainability of the Macedonian current account”, co-authored with Danica Unevska, National Bank of the Republic of Macedonia Working Paper, June 2011

“Forecasting Macedonian GDP: Evaluation of different models for short-term forecasting”, co-authored with Magdalena Petrovska, National Bank of the Republic of Macedonia Working Paper, August 2010

“Real Estate Prices in the Republic of Macedonia”, co-authored with Biljana Davidovska-Stojanova, Maja Kadievska-Vojnovic, Magdalena Petrovska and Gani Ramadani, National Bank of the Republic of Macedonia Working Paper, August 2008

Unpublished papers

“How does inflation redistribute income?”

“Do Credit Markets Like Austerity?” (with Gerardo Manzo)

“Do remittances reduce poverty in Macedonia?” (with Marjan Petreski)

“The Top 10 Percent After the Global Financial Crisis”

“Calculating the Fundamental Equilibrium Exchange Rate of the Macedonian denar”, unpublished master’s thesis at the Staffordshire University, UK