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Labor Market in Bulgaria: Institutions and Flexibility

  • Vassil Tsanov

The paper discusses the impact of the institutions of the labor market in Bulgaria on its flexibility. The institutions are widely defined, labor market policies included. Empirical evaluations of the flexibility of the labor market are made based on the adopted definition of flexibility. Suggested are quantitative evaluations and comparative analysis of the labor market institutions (the legal protection of the employed and the collective labor contracting), which are compatible with the OECD methodology. An evaluation and conclusions are drawn for the connection between the institutions of the labor market and its flexibility.

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Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Studies.

Volume (Year): (2009)
Issue (Month): 3 ()
Pages: 80-127

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Handle: RePEc:bas:econst:y:2009:i:3:p:80-127
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  1. Layard, Richard & Nickell, Stephen & Jackman, Richard, 1991. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780198284345.
  2. 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.
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