Economic Archive

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  Adjusting Unemployment Benefits to the Economic Cycle

  As a socio-economic phenomenon, unemployment is intrinsic to any market economy. Unemployment benefits provide incomes to individuals who have lost their jobs and the possibility of bearing the severity of risk collectively. The generosity of unemployment benefits may affect the incentives for searching and accepting a job, as well as the duration ... As a socio-economic phenomenon, unemployment is intrinsic to any market economy. Unemployment benefits provide incomes to individuals who have lost their jobs and the possibility of bearing the severity of risk collectively. The generosity of unemployment benefits may affect the incentives for searching and accepting a job, as well as the duration of unemployment. They could therefore act as an inbuilt economic stabiliser which is adjusted to a particular economic cycle. The article aims to identify potential pros and cons and examine the extent to which unemployment benefits in Europe and Bulgaria successfully act as inbuilt automatic stabilisers.

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  The Potential Effects of Political Manoeuvres on European Trade

  This research paper consists of three parts. Part one presents some essential, semantic and synonymous characteristics of the concept of “effect” and arrives at the conclusion that almost any effect stems from a certain theory related to some scientific field. Part two identifies applicable indicators for measuring the impact of political ... This research paper consists of three parts. Part one presents some essential, semantic and synonymous characteristics of the concept of “effect” and arrives at the conclusion that almost any effect stems from a certain theory related to some scientific field. Part two identifies applicable indicators for measuring the impact of political manoeuvres in European trade and presents a three-vector matrix which consists of political decisions, the size of countries, and indicators/effects. Part three specifies further the effects based on mutual sanctions, namely: the income effect, the boomerang effect, etc. and proposes three possible scenarios for recovering the architecture of European trade which has been developed over the last twenty-five years.

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  A Comparative Analysis of Return on Equity in Bulgarian Public Companies

  In practice, there are different criteria for the classification of Bulgarian public companies. Public companies are most commonly ranked according to their market capitalisation and realised turnover (the value amount of transactions with shares in a company). In this article, another criterion for the classification of Bulgarian public companies ... In practice, there are different criteria for the classification of Bulgarian public companies. Public companies are most commonly ranked according to their market capitalisation and realised turnover (the value amount of transactions with shares in a company). In this article, another criterion for the classification of Bulgarian public companies has been proposed. This criterion is the return reached by the shares of public companies. In the article, a comparative analysis of return on equity in Bulgarian public companies in the insurance and banking sectors has been made.