This Time It ‘ s Different ? Youth Labour Markets During ‘ The Great Recession ’ IZA DP No .
نویسنده
چکیده
This Time It’s Different? Youth Labour Markets During ‘The Great Recession’ This paper looks at the effects of the ‘Great Recession’ on young people’s labour market experiences in the European Union. The paper documents some of the key characteristics of young people’s labour market experiences during the current recession and then seeks to provide some explanations of these applying both cross-section and time series rolling regression models in order, in particular, to better understand the role of labour market institutions as a determining factor of differing experiences across countries. The analysis finds that labour market flexibility contributed significantly to the negative consequences felt by young people during the recession. JEL Classification: I28, J13, J23, J24
منابع مشابه
Young People and the Great Recession
Young People and the Great Recession This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment using microdata. We argue that there is convincing evidence that the effects of unemployment when young impose costs o...
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