An Approach for Estimating the Basic Types of Unemployment in Bulgaria

Todor Todorov

Economic Thought journal, 2012, issue 2, 88-109, 110-130

Abstract: This article is an attempt to put into practice a consistent approach for decomposing the aggregate unemployment in Bulgaria using the available statistical information. Investigating the interrelationship between unemploy-ment and vacancies with the help of the so-called “U-V approach” the levels of frictional, structural and cyclical unemployment in the aggregate number of unemployed in the country is estimated. The structural unemployment is additionally decomposed into geographical, occupational and mixed geographical/occupational components. The obtained results provide a sound basis for analysing some of the major trends in unemployment dynamics in Bulgaria for the period 2006-2010. Together with the estimation of unemploy-ment at national level, its basic components are studied from a regional perspective with respect to the administrative division of the country into planning regions.

JEL-codes: J64 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2012:i:2:p:88-109,110-130

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