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Pandemic Effects on Total Household Income in Bulgaria

Author

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  • Lyudmil Naydenov

    (University of Economics – Varna, Bulgaria)

Abstract

This paper examines the relationship between total household income, household financial stability and the COVID-19 in Bulgaria. Based on the definition of the total household income, the paper outlines its theoretical bases, scope, structure and specific characteristics. The paper also analyzes the dynamics of the total household income and justifies the need to rationalize its management in the short term (during COVID-era) to achieve the financial goals set in the household budget and improve household well-being. The object of study is total household income. The subject is defined as the highlighting of factors that affect the state and dynamics in the development of total household income in Bulgaria. The conclusion is that total household income in Bulgaria depends a little on the global pandemic situation provoked by COVID-19.

Suggested Citation

  • Lyudmil Naydenov, 2022. "Pandemic Effects on Total Household Income in Bulgaria," Scientific Conference of the Department of General Economic Theory, University of Economics - Varna, issue 1, pages 313-320.
    • Handle: RePEc:vrn:oitcon:y:2022:i:1:p:313-320
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    File URL: https://conference.ue-varna.bg/oit2022/assets/Sbornik_dokladi_OIT_2022.pdf
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    More about this item

    Keywords

    COVID-19; Global pandemic situation; Total household income;
    All these keywords.

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H27 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other Sources of Revenue
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household

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