Download Free Determinants And Economic Consequences Of Youth Unemployment At The Beginning Of The 21st Century Book in PDF and EPUB Free Download. You can read online Determinants And Economic Consequences Of Youth Unemployment At The Beginning Of The 21st Century and write the review.

In a number of European economies youth unemployment has increased again to unexpected and unwanted levels. It has become one of the pressing labor market problems that many countries are currently facing. This special issue involves a collection of current research and new findings. The contributions improve our understanding of the determinants and economic consequences of youth unemployment and implications for policies to combat it
This timely book introduces a fresh perspective on youth unemployment by analysing it as a global phenomenon. Ross Fergusson and Nicola Yeates argue that only by incorporating analysis of the dynamics of the global economy and global governance can we make convincing, comprehensive sense of these developments. The authors present substantial new evidence spanning a century pointing to the strong relationships between youth unemployment, globalisation, economic crises and consequent harms to young people’s social and economic welfare worldwide. The book notably encompasses data and analysis spanning the Global South as well as the Global North.
The recent recession has led to an ongoing crisis in the youth labour market in Europe. This timely book deals with a number of areas related to the context, choices and experiences of young people, the consequences of which resonate throughout their lives. The focus of the contributions to this volume is on issues which, whilst undoubtedly important, have thus far received less attention than they arguably deserve. The first part of the book is concerned with issues related to education and training, covering matters such as the role of monopsony in training, the consequences of over-education, and the quality of educational institutions from primary to tertiary. The second part is primarily concerned with the long-term consequences of short-term choices and experiences including contributions on health-related choices, health consequences later in life, factors affecting the home-leaving decision, as well as an analysis of the increasing intergenerational transmission of inequality; a trend which accelerated during the recession. The last part of the book deals with issues related to youth unemployment and NEET – the direct consequence of the recession. This book contains a number of innovative analyses reporting significant findings that contrast with standard models. Some of the more interesting results directly contradict conventional wisdom on a number of topics from the importance of monopsony in training markets to the importance of transitory income changes on consumption of addictive goods. This book is suitable for those who study labor economics, political economy as well as employment and unemployment.
This timely book introduces a fresh perspective on youth unemployment by analysing it as a global phenomenon. Continuously-escalating rates of youth unemployment have become endemic, normalised features of contemporary society. Ross Fergusson and Nicola Yeates argue that only by incorporating analysis of the dynamics of the global economy and global governance can we make convincing, comprehensive sense of these developments. The authors present new substantial evidence spanning a century pointing to the strong relationships between youth unemployment, globalisation, economic crises and consequent harms to young people's social and economic welfare worldwide. The book notably encompasses data and analysis spanning the Global South as well as the Global North. The authors' innovative exploration is holistic in approach and committed to analyses that span histories, territories, academic disciplines and policy contexts. Providing new statistical examination of the incidence, distribution, impacts and putative causes, this book presents a highly original interpretation of youth unemployment and its global governance. It calls for urgently-needed robust responses on a global scale. Global Youth Unemployment is essential reading for students and academics within the fields of social, labour, public and economic policy as well as policy makers within the youth employment and unemployment sectors.
This chapter discusses the impact of various factors on the youth unemployment rate (YUR) with respect to the total unemployment rate. In particular, we use different fixed effect panel models to estimate the role played by macroeconomic and structural conditions (e.g. GDP growth rate, inflation, real interest rate, demographic variables, education), financial crises, institutions and policies (e.g. labour market reforms, ALMPs, overall economic freedom). The econometric analysis is based on a panel of OECD countries for the period 1981-2009. Our empirical analysis confirms the expected role of macroeconomic and structural conditions; it shows the additional effect of financial crises; and it underlines the key importance of various institutions and policies. Most importantly, our results prove the differing magnitudes of the impacts of the above-mentioned factors on youth unemployment with respect to the total unemployment rate. These results have major policy implications also in consideration of the still rising level of youth unemployment, especially in Europe.
This volume brings together a massive body of much-needed research information on a problem of crucial importance to labor economists, policy makers, and society in general: unemployment among the young. The thirteen studies detail the ambiguity and inadequacy of our present standard statistics as applied to youth employment, point out the error in many commonly accepted views, and show that many critically important aspects of this problem are not adequately understood. These studies also supply a significant amount of raw data, furnish a platform for further research and theoretical work in labor economics, and direct attention to promising avenues for future programs.
Report is revised analytic study of youth labour market and updates "youth unemployment: a report for High Level Conference on Youth Unemployment .. of 1977".
This book examines youth unemployment and intervention strategies in the United States and Europe.
Youth unemployment rates are significantly and consistently higher than total unemployment rates, hitting especially high values in a crisis context. The aim of this work is to assess the determinants of youth unemployment in developed countries, relying on a youth to total unemployment ratio. Using data from 18 OECD countries from 1990 to 2019, the results of the estimations indicate that labor market flexibilization and economic growth have a widening effect of on the gap between youth and total unemployment rates, while post-secondary educational attainment contributes to reduce the gap.