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Labor Market in Bulgaria: Institutions and Flexibility

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  • Vassil Tsanov

Abstract

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.

Suggested Citation

  • Vassil Tsanov, 2009. "Labor Market in Bulgaria: Institutions and Flexibility," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 80-127.
  • Handle: RePEc:bas:econst:y:2009:i:3:p:80-127
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    References listed on IDEAS

    as
    1. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
    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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    More about this item

    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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