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Assessments of the Flexibility of the Labour Market in Bulgaria

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Author Info
Vassil Tzanov
Abstract

Flexibility is defined as capability of the labour market to react to external impacts and change itself. In the first aspect its reaction to the impact of the main macroeconomic factors (GDP, inflation and productivity of labour) is examined. To assess the capability of change key indicators in this area are used: mobility of labour force (the in- and outflows in the labour market), duration of the work time and the character of the labour agreements. The received results give ground to the conclusion that the labour market in Bulgaria is distinguished for it’s moderate flexibility. It reacts in different degree to external impacts, has a high intersectoral mobility and limited application of flexible forms of employment.

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Publisher Info
Article provided by Bulgarian Academy of Sciences - Institute of Economics in its journal Economic Thought.

Volume (Year): (2007)
Issue (Month): 3 ()
Pages: 3-23
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Handle: RePEc:bas:econth:y:2007:i:3:p:3-23

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Find related papers by JEL classification:
J00 - Labor and Demographic Economics - - General - - - General
J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion

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This page was last updated on 2009-12-31.

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