Why is unemployment higher for younger individuals? We address this question in a frictional model of the labor market … observed age differences in unemployment which, as in the data, are due to differences in job separation rates …

considerably lower wages. At the same time, the data provide no evidence that early unemployment sets off a vicious cycle of … recurrent unemployment. The reduced employment effects die off very quickly. What appears to persist are effects of lost work …

This nontechnical paper was prepared as a background study for the NBER Conference on Youth Joblessness and Employment … conclusions: Unemployment is not a serious problem for the vast majority of teenage boys. Less than 5 percent of teenage boys are … do seek work, unemployment spells tend to be quite short; over half end within one month when these boys find work or …

Youth unemployment in Latin America is exceptionally high, as much as 50% among the poor. Vocational training may be … of a randomized training program for disadvantaged youth introduced in Colombia in 2005 on the employment and earnings of …

the minimum wage on teenage unemployment, or its relative impact on black and white teenagers. The purpose of this paper … unemployment rates of teenagers, we explore several related issues: the relative importance of changing the level and coverage of …

Decentralization has been put forward as a powerful tool to reduce poverty and improve governance in Africa. The aim of …

In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a … celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey … contrasts the predominant "transformational" approach (West saves Africa) to occasional swings to a "marginal" approach (West …

unemployment to employment in routine occupations, (ii) that from labor force non-participation to routine employment, and (iii …

of the rise in unemployment explained by occupational mismatch is increasing in the education level … unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new …