Euro, crisis and unemployment: Youth patterns, youth policies?
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
comunitat-uji-handle4:
INVESTIGACIONMetadades
Títol
Euro, crisis and unemployment: Youth patterns, youth policies?Data de publicació
2016Editor
ElsevierISSN
0264-9993Tipus de document
info:eu-repo/semantics/articleVersió de l'editorial
http://www.sciencedirect.com/science/article/pii/S0264999316301407Versió
info:eu-repo/semantics/publishedVersionParaules clau / Matèries
Resum
This paper examines the occurrence of structural breaks in European unemployment associated with major institutional events. We uncover different responses of adult and youth unemployment rates. While adult unemployment ... [+]
This paper examines the occurrence of structural breaks in European unemployment associated with major institutional events. We uncover different responses of adult and youth unemployment rates. While adult unemployment is more prone to experience structural breaks, youth unemployment is more sensitive to business cycle oscillations, especially in the recent crisis. This calls for fine tuning policy measures specifically targeted to youth unemployed in bad times. One important implication of our findings is that generic labour market reforms are not effective enough to solve the youth unemployment problem. Educational policies raising average qualifications and helping school-to-work transitions are suitable complementary cures. [-]
Publicat a
Economic Modelling 58 (2016) 442–453Drets d'accés
info:eu-repo/semantics/openAccess
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