Poverty Line and the Guaranteed Minimal Payments – Methodological Aspects of Defining and Binding

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

Economic Thought journal, 2006, issue 7, 121-133

Abstract: Methodology for defining poverty line and its binding to the guaranteed minimal payments is suggested. The methodology for calculation poverty line is based on the combination of two approaches – the relative and the absolute. The first one ensures connection of poverty line to the de facto income distribution into the society and the second – ensuring the minimal living standard. Methodological solutions are presented for defining guaranteed minimal payments (minimal salary/wage, social pension and social benefits), which reflex directly or indirectly the dynamics of poverty line.

JEL-codes: I31 I32 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (1)

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Journal Article: Poverty Line and Protected Minimum Payments - Methodological Aspects of Determination and Relation (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2006:i:7:p:121-133

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