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Poverty Line and Protected Minimum Payments - Methodological Aspects of Determination and Relation


  • Vassil Tsanov
  • Lyubomir Tomev


Methodological tools to determine the poverty line and its relation to the protected minimum payments have been proposed. This methodology is based on the combination of two approaches - relative and absolute. The former ensures the connection of the poverty line to the actual public income distribution and the latter - a minimum living standard. A number of methodological solutions have been provided with a view to the determination of the protected minimum payments (minimum salary, social pension and social benefits), reflecting directly or indirectly the poverty line dynamics.

Suggested Citation

  • Vassil Tsanov & Lyubomir Tomev, 2006. "Poverty Line and Protected Minimum Payments - Methodological Aspects of Determination and Relation," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-18.
  • Handle: RePEc:bas:econth:y:2006:i:3:p:3-18

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    References listed on IDEAS

    1. Oecd, 2006. "OECD Guidelines on Pension Fund Asset Management," Financial Market Trends, OECD Publishing, vol. 2006(2), pages 171-187.
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    Cited by:

    1. Vassil Tzanov, 2010. "Bulgaria: A Shift in Minimum Wage Policy," Chapters,in: The Minimum Wage Revisited in the Enlarged EU, chapter 2 Edward Elgar Publishing.

    More about this item

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty


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