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Trends and Impacts of Minimum Wage in Bulgaria after 1999

Author

Listed:
  • Maria Mancheva
  • Stanimir Stamatev

Abstract

The publication concerns issues, related to the minimum wage in Bulgaria. A theoretical overview about the essence of the minimum wage was made, and it analyzed its level and dynamics in Bulgaria since 1999. The correlation to economic growth is analyzed, such as average income per month, levels of employment and unemployment. After analysis key conclusions are outlined and recommendations on identifying and indexing the minimum wage rate in the country are made.

Suggested Citation

  • Maria Mancheva & Stanimir Stamatev, 2017. "Trends and Impacts of Minimum Wage in Bulgaria after 1999," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 28-45, February.
    • Handle: RePEc:nwe:iisabg:y:2017:i:1:p:28-45
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    File URL: http://www.unwe.bg/uploads/Alternatives/Maria_Stanimir_Alternativi%20br_1_2017_BG-3.pdf
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    More about this item

    Keywords

    minimum wage; level and dynamic; effect;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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