European countries are positivily associated with fluctuations in relative youth unemployment rates. We also find that some … labour market institutions contribute to increase yout unemployment, and that the adjustment to macroeconomic shocks has … unemployment rate of young workers, we lay out a simple theoretical model that builds on the imperfect substitutability of workers …

institutions and macroeconomic shocks at explaining observed relative youth unemployment rates. We find that the fluctuations of … European countries are positively associated with fluctuations in relative youth unemployment rates. We also find that some … labour market institutions contribute to increase youth unemployment, and that the adjustement to macroeconomic shocks has …