IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Analysis of the Labour Market in Bulgaria through a Error Correction Model

  • Anita Staneva

The study examines the problems of developing and evaluating a econometric tools for analysis of the labour market in Bulgaria. Applied is an error correction model and a cointegrational analysis to evaluate the main interactions between labour market parameters for the period 1991-2006. In the model are included and examined the most important indexes that characterize the functioning of the labour market (unemployment, employment, wages, productivity of labour and inflation). Through the evaluated restricted version of a vector autoregression model and decomposition of errors is determined the impact of main shocks by the aggregate supply and demand, inflation, wages and technological changes in the prognosis of the evaluated variables. The evaluated model is stable and adequate. The results show that decrease in the level of unemployment is possible only in the presence of positive shocks by the aggregate supply.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=511c017a-b33b-4fb1-a4e0-68b6b90cdd02&articleid=6ea2f0c7-77ec-4ead-ba1e-7f7276b4b355#a6ea2f0c7-77ec-4ead-ba1e-7f7276b4b355
Download Restriction: Fee access

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

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

Volume (Year): (2008)
Issue (Month): 3 ()
Pages: 90-106

as
in new window

Handle: RePEc:bas:econth:y:2008:i:3:p:90-106
Contact details of provider: Postal: 3, Aksakov Str., 1040, Sofia
Phone: (+359 2) 810 40 18
Fax: (+359 2) 988 21 08
Web page: http://www.iki.bas.bgEmail:


More information through EDIRC

References listed on IDEAS
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.:

as in new window
  1. Ivanov Ventzislav & Kilian Lutz, 2005. "A Practitioner's Guide to Lag Order Selection For VAR Impulse Response Analysis," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 9(1), pages 1-36, March.
  2. David F. Hendry & Katarina Juselius, 2001. "Explaining Cointegration Analysis: Part II," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 75-120.
  3. Br├╝ggemann, Ralf, 2001. "Sources of German unemployment: A structural vector error correction analysis," SFB 373 Discussion Papers 2001,19, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
  4. Bierens, Herman J., 1997. "Nonparametric cointegration analysis," Journal of Econometrics, Elsevier, vol. 77(2), pages 379-404, April.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:bas:econth:y:2008:i:3:p:90-106. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Diana Dimitrova)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.