Social Security Floors and Informal Employment: the Case of Bulgaria
Social Security Floors and Informal Employment: the Case of Bulgaria

Summary/Abstract: The article presents the results of an econometric study on the impact of social security floors on the informal employment in Bulgaria for the period 2003-2012. The social security floors (SSF) are an economic policy tool that has common features with the minimum wage, but it is different from the later. We analyse seven different indicators of informal employment and assess the impact on them of both SSF and a number of other macroeconomic and mesoeconomic variables. We conclude that the rise of SSF, ceteris paribus, leads to an increase in informal employment.

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