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This paper investigates the impact of the GFC on youth unemployment and long term unemployment. In particular, we study … whether the GFC had a bigger impact on youths than adults, and whether youth unemployment rates increased due to an increase … in youth wages relative to adult wages. To anticipate our results, we find that the youth unemployment rates increased …
Persistent link: https://www.econbiz.de/10010398763
The global financial and economic crisis – including two euro area recessions in 2008-2009 and 2011-2013 – has had a heavy impact on euro area labour markets. A notable feature throughout the crisis has been the considerable degree of cross-country heterogeneity of labour market adjustments...
Persistent link: https://www.econbiz.de/10013030869
This paper investigates the impact of the GFC on youth unemployment and long term unemployment. In particular, we study … whether the GFC had a bigger impact on youths than adults, and whether youth unemployment rates increased due to an increase … in youth wages relative to adult wages. To anticipate our results, we find that the youth unemployment rates increased …
Persistent link: https://www.econbiz.de/10013047871
employment crisis as a result of the demographic phenomenon known as the ‘youth bulge,' which aggravates the already low demand … for youth, at the center of recovery efforts …
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