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Poverty Line and Protected Minimum Payments - Methodological Aspects of Determination and Relation

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  • Vassil Tsanov
  • Lyubomir Tomev

Abstract

Methodological tools to determine the poverty line and its relation to the protected minimum payments have been proposed. This methodology is based on the combination of two approaches - relative and absolute. The former ensures the connection of the poverty line to the actual public income distribution and the latter - a minimum living standard. A number of methodological solutions have been provided with a view to the determination of the protected minimum payments (minimum salary, social pension and social benefits), reflecting directly or indirectly the poverty line dynamics.

Suggested Citation

  • Vassil Tsanov & Lyubomir Tomev, 2006. "Poverty Line and Protected Minimum Payments - Methodological Aspects of Determination and Relation," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-18.
    • Handle: RePEc:bas:econth:y:2006:i:3:p:3-18
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    Cited by:

    1. Vassil Tzanov, 2010. "Bulgaria: A Shift in Minimum Wage Policy," Chapters, in: Daniel Vaughan-Whitehead (ed.), The Minimum Wage Revisited in the Enlarged EU, chapter 2, Edward Elgar Publishing.

    More about this item

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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