Development and Determination of the Minimum Wage and the Minimum Security Thresholds in Bulgaria

Vasil Tzanov and Georgi Shopov ()

Economic Studies journal, 2017, issue 2, 3-40

Abstract: The study investigates the possibilities for improvement of the mechanisms for assessment of the minimum wage and the minimum security thresholds. For this reason are analyzed their development and interaction with selected macroeconomic indicators as GDP, productivity, employment, etc. An appreciation of the possible mechanisms for minimum wage determination has been done and on this basis is offered a mechanism that count for the impact and effects of the fundamental factors. The problems of the actual mechanism for minimum security thresholds setting are identified and are proposed different variants for its improvement.

JEL-codes: E24 E64 H26 J31 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2017:i:2:p:3-40

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