Natalia Boliari

Assistant Professor

Economics & Finance

The broad focus of my research is the formation, evolution, and implementation of economic development policy. I am particularly interested in understanding the role of institutions for economic growth and development for which I follow the New Institutional Economics framework and its applications. My most recent research focuses on international trade and the formation and impacts of regional trading agreements.

I love and find much joy in teaching. I have taught variety of courses, including international economics, microeconomics, macroeconomics, the economics of public issues, and others. Following my formal training, I strive to integrate economics, political science, and other disciplines in both my research and teaching.

I am a long distance runner and like to participate in races, many of them raising awareness and funds for variety of causes. My most favorite distance is the half marathon and I love to travel to different states to run that distance. It is such an amazing way to discover the many beauties of this country. 


  • PHD, Carleton University
  • MA, Carleton University

Courses Taught

  • ECON 203      Principles and Policies I: Microeconomics
  • ECON 204      Principles and Policies II: Macroeconomics
  • ECON 334      International Economics
  • ECON 445      The Economics of Public Issues
  • Research
    • New Institutional Economics and its implications for economic development policy
    • U.S., Canada, and EU trade and economic relations
    • Regional Trading Agreements
  • Publications and Scholarly Activities

    “Indirect returns and use of NPV in economic viability modeling of critical communications networks.” IEEE Communications Magazine, Volume 54, Issue 3 (March 2016): 38-43.

    "Land Fragmentation in Bulgaria: Reconsidering its Measurement and Extent." Review of European Studies, Vol. 5, No. 1 (March 2013): 99-109.

    Review of The Long Divergence: How Islamic Law Held Back the Middle East, by Timur Kuran, Princeton University Press. The Journal of Socio-Economics, Vol. 41, No. 5 (Oct. 2012): 691-692.

    “The Evolution of Bulgarian Land Tenure Institutions: an Application of the Social Conflict Theory.” Proceedings of the International Society for New Institutional Economics, 13th Annual Conference, University of California at Berkley, Walter A. Haas School of Business, June 2009.

    “Conceptualizing Institutions and Organizations: A Critical Approach.” (With K. Topyan). Journal of Business & Economics Research (JBER). January 2007, Vol. 5, No. 1: 1–10.

    “Understanding Dependence Structures of Random Variables in Financial Modelling by Using Copulas.” (With K. Topyan). Global Business & Economics Anthology, December 2007.

    “Use of Copulas for Risk Measurement: Dependence, Correlation and Nonnormality.” (With K. Topyan). Global Business & Economics Anthology. December 2006: 106–112.

    “Accelerated Mortgage Process: An Analytical Evaluation.” (with K. Topyan). International Business & Economics Research Journal (IBER). August 2006, Vol. 5, No. 8: 15–26

  • Professional Experience and Memberships
    • Assitant Professor of Economics, 2009 - present
    • Faculty Adviser, Manhattan College Economics and Finance Society
    • Academic Adviser, New York Society of Security Analysts (NYSSA) Manhattan College Student Chapter
    • Faculty Adviser, Relay for Life of Manhattan College


    • Alumna, Ronald Coase Institute
    • International Society for New Institutional Economics
    • American Economic Association
    • New York Society of Security Analysts (NYSSA)


  • Honors, Awards, and Grants
    Honors & Awards
    • The Sprott Excellence in Teaching Assistance Award, Carleton University (2008)
    • Institutional Analysis Fellowship, The Ronald Coase Institute (2007)
    • Public Policy and Administration 50th Anniversary Graduate Scholarship, Carleton University (2006)