The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …

consistent with firms utilising part-time work to adjust their labour force to changing economic conditions. Institutions and …

. Institutions and other structural factors are also found to be significant and important determinants of the rate of part … markets. Less robust evidence suggests the presence of unemployment traps for some potential part-time workers. Cross …

PTR across countries are significantly affected by policy and institutions. In particular policy measures geared toward … of social protection) to take up a part-time job. Moreover, other labour market institutions, including benefit systems …

create disincentives to work, such as high tax wedges and high unemployment benefits, or enforced reductions in working hours …