The Correlation: minimum wage-unemployment in the conditions of transition to digital economy
S Nozharov, P Koralova-Nozharova - arXiv preprint arXiv:2211.13278, 2022 - arxiv.org
arXiv preprint arXiv:2211.13278, 2022•arxiv.org
The research is done in the context of the upcoming introduction of new European
legislation for the first time for regulation of minimum wage at European level. Its purpose is
to identify the direction and strength of the correlation amongst changes of minimum wage
and unemployment rate in the context of conflicting findings of the scientific literature. There
will be used statistical instruments for the purposes of the analysis as it incorporates data for
Bulgaria for the period 1991-2021. The significance of the research is related to the …
legislation for the first time for regulation of minimum wage at European level. Its purpose is
to identify the direction and strength of the correlation amongst changes of minimum wage
and unemployment rate in the context of conflicting findings of the scientific literature. There
will be used statistical instruments for the purposes of the analysis as it incorporates data for
Bulgaria for the period 1991-2021. The significance of the research is related to the …
The research is done in the context of the upcoming introduction of new European legislation for the first time for regulation of minimum wage at European level. Its purpose is to identify the direction and strength of the correlation amongst changes of minimum wage and unemployment rate in the context of conflicting findings of the scientific literature. There will be used statistical instruments for the purposes of the analysis as it incorporates data for Bulgaria for the period 1991-2021. The significance of the research is related to the transition to digital economy and the necessity for complex transformation of the minimum wage functions in the context of the new socio-economic reality.
arxiv.org
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