There are two broad trends in industrialised countries motivating this paper: On the one hand, the life phase between youth and adulthood has prolonged and diversified; on the other hand, entering the labour market has become more complex and insecure. In this paper we combine two aspects of these...

The unemployment rates, especially youth unemployment rates, increased in various countries of Europe over the last years. This paper examines youth unemployment developments in Germany and Poland with Okun's law to test the hypothesis that young employees are more exposed to the business cycle....