Pandemic Effects on Total Household Income in Bulgaria

Lyudmil Naydenov
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Lyudmil Naydenov: University of Economics – Varna, Bulgaria

Scientific Conference of the Department of General Economic Theory, 2022, issue 1, 313-320

Abstract: This paper examines the relationship between total household income, household financial stability and the COVID-19 in Bulgaria. Based on the definition of the total household income, the paper outlines its theoretical bases, scope, structure and specific characteristics. The paper also analyzes the dynamics of the total household income and justifies the need to rationalize its management in the short term (during COVID-era) to achieve the financial goals set in the household budget and improve household well-being. The object of study is total household income. The subject is defined as the highlighting of factors that affect the state and dynamics in the development of total household income in Bulgaria. The conclusion is that total household income in Bulgaria depends a little on the global pandemic situation provoked by COVID-19.

Keywords: COVID-19; Global pandemic situation; Total household income (search for similar items in EconPapers)
JEL-codes: H20 H27 H31 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:oitcon:y:2022:i:1:p:313-320

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