Estimates of Labour Market Flexibility in Bulgaria
AbstractThe flexibility is defined as labour market ability to respond to external influence and changes. Concerning the first aspect, the labour market reaction is studied in the case of influence of more important macro-economic factors (GDP, inflation and labour productivity). In order to estimate the labour market ability for changing, key indicators in the field are used: labour force mobility (labour market flows - internal and external), working time duration and labour contracts character. Based on the results of the study, a conclusion can be made that the Bulgarian labour market should be recognised as moderately flexible. It reacts differently to external influence, shows high cross-sectional mobility and limited application of employment flexibility.
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Bibliographic InfoArticle provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought - Special Issue in English.
Volume (Year): (2007)
Issue (Month): 7 ()
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
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Vassil Tzanov, 1999. "Modelling the Labour Market in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 123-172.
- Sandrine Cazes & Alena Nesporova, 2004. "Labour markets in transition: balancing flexibility and security in Central and Eastern Europe," Revue de l'OFCE, Presses de Sciences-Po, vol. 91(5), pages 23-54.
- I Beleva & Richard Jackman & M Nenova-Amar, 1995. "The Labour Market in Bulgaria," CEP Discussion Papers dp0268, Centre for Economic Performance, LSE.
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