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Labour income and work motivation

Author

Listed:
  • Pobeda Loukanova
  • Vasil Tzanov

Abstract

The impact of labour remuneration, inequality and poverty on the work motivation of the Bulgarian population is examined. The focus is placed on determining such levels of labour income that would stimulate the employed and their professional realization. The results show the following: that wages are à weak incentive among employees; that dissatisfaction with the level of remuneration is high; that the age and the education structure of the population have a significant impact on work motivation; and that inequality and poverty have little impact on economic activity.

Suggested Citation

  • Pobeda Loukanova & Vasil Tzanov, 2020. "Labour income and work motivation," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 3-27,28-50.
    • Handle: RePEc:bas:econth:y:2020:i:1:p:3-27,28-50
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    References listed on IDEAS

    as
    1. Pobeda Loukanova, 2018. "The Implementation of European Youth Guarantee in Bulgaria – Results and Perspectives," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 45-55.
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      More about this item

      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
      • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
      • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
      • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
      • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
      • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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