Macroeconomic Dependencies of the Labor Market: Bulgaria and the European Union

Vassil Tsanov
Authors registered in the RePEc Author Service: Vasil Tzanov

Economic Studies journal, 2008, issue 4, 3-32

Abstract: The study examines the macroeconomic dependencies, which form the adapting opportunities of the Bulgarian labor market to external and domestic impacts. For evaluating the real opportunities for improving its functioning, a comparison with the dependencies in the developed EU countries (EU-15) is made. The study discusses three main macroeconomic dependencies of the labor market: the impact of the economic growth on the parameters of the labor market; the interaction between the inflation, work salaries and unemployment and evaluation of the degree of coordination between the demand and supply of labor. The study presents evaluations and conclusions concerning the similarities and differences in the mechanisms of impact and the opportunities for improvement.

JEL-codes: C52 E24 J20 J30 J60 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2008:i:4:p:3-32

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