Caroleo, Floro Ernesto; Pastore, Francesco - Centro di Economia del Lavoro e di Politica Economica … - 2004
The European Employment Strategy stresses the role of human capital accumulation, to increase via reforms of the … education system and active labour market policy on a large scale, as the main instruments against unemployment. We argue that … these instruments might be more effective than increasing labour market flexibility in reducing long-term youth unemployment …