Showing 1 - 10 of 110
This paper presents the dominating farming structure in Bulgaria on the eve of EU accession, and evaluates recent policies for farm and agricultural income support, and assesses likely consequences of Common Agricultural Policy (CAP) implementation on farming structures and sustainability. We...
Persistent link: https://www.econbiz.de/10014058172
We introduce "fair" wages in a general-equilibrium model where worker's effort is unobservable and investigate whether such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as documented in Lozev, Vladova, and Paskaleva (2011) and...
Persistent link: https://www.econbiz.de/10012242326
In this paper we investigate the quantitative importance of e fficiency wages in explaining fluctuations in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with unobservable workers e ort by employers and wage...
Persistent link: https://www.econbiz.de/10011761449
In this paper we introduce reciprocity in labor relations and government sector to in- vestigate how well the real wage rigidity that results out of that arrangement explains business cycle fluctuations in Bulgaria. The reciprocity mechanism described in this paper follows Danthine and Kurmann...
Persistent link: https://www.econbiz.de/10011785061
We introduce "fair" wages in a general-equilibrium model where worker's effort is unobservable and investigate whether such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as documented in Lozev, Vladova, and Paskaleva (2011) and...
Persistent link: https://www.econbiz.de/10011974105
Persistent link: https://www.econbiz.de/10011574005
In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with both a two-sided costly search and fiscal policy. This introduces a...
Persistent link: https://www.econbiz.de/10011498689
Persistent link: https://www.econbiz.de/10011451805
. The government however lost the elections. This paper uses unique survey data to examine whether the high unemployment … associated with market reform contributed to the election outcome. High unemployment did have an effect but it was small and does … not explain the election loss. In fact, many in the population, including the unemployed, believed that high unemployment …
Persistent link: https://www.econbiz.de/10014084535
The purpose of this study is to make a brief overview and analysis of the unemployment rate among young people in the …
Persistent link: https://www.econbiz.de/10013406086