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Determining factors of youth unemployment in Greece with emphasis on tertiary education graduates

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Author Info

  • Theodore Mitrakos

    ()
    (Bank of Greece)

  • Panos Tsakloglou

    ()
    (Athens University of Economics and Business)

  • Ioannis Cholezas

    (KEPE)

Abstract

Unemployment rates for young individuals are particularly high in Greece and an important fraction of the young unemployed are tertiary education graduates. The results of this study imply that the problem is the transition from education to the labour market, irrespective of the individual’s age and educational qualifications. By and large, unemployment rates for tertiary education graduates tend to diminish a few years after graduation, while they fall slower and remain higher for persons with lower educational qualifications. Ceteris paribus, women in general and female tertiary education graduates in particular face significantly higher probability of unemployment compared to men with similar characteristics.

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Bibliographic Info

Article provided by Bank of Greece, Economic Research Department in its journal Economic Bulletin.

Volume (Year): (2010)
Issue (Month): 33 (May)
Pages: 21-62

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Handle: RePEc:bog:econbl:y:2010:i:33:p:21-62

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Web page: http://www.bankofgreece.gr
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Keywords: youth unemployment; tertiary education;

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References

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  1. Sofia Lazaretou, 2004. "Monetary System and Macroeconomic Policy in Greece, 1833-2003," Economic Bulletin, Bank of Greece, Economic Research Department, issue 22, pages 33-65, January.
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  11. Heather D. Gibson, 2005. "Greek Banking Profitability: recent developments," Economic Bulletin, Bank of Greece, Economic Research Department, issue 24, pages 7-25, January.
  12. Theodore M. Mitrakos & Nicholas G. Zonzilos, 2006. "The impact of exogenous shocks on the dynamics and persistence of inflation: a macroeconomic model-based approach for Greece," Economic Bulletin, Bank of Greece, Economic Research Department, issue 26, pages 37-57, January.
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  15. Christos Papazoglou, 2009. "Is Greece's export performance really low?," Economic Bulletin, Bank of Greece, Economic Research Department, issue 32, pages 27-37, May.
  16. Theodore M. Mitrakos & Georgios Th Simigiannis & Panagiota G. Tzamourani, 2005. "Indebtedness of Greek households: evidence from a survey," Economic Bulletin, Bank of Greece, Economic Research Department, issue 25, pages 13-35, AUgust.
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Cited by:
  1. Pouliakas, Konstantinos, 2014. "A Balancing Act at Times of Austerity: Matching the Supply and Demand for Skills in the Greek Labour Market," IZA Discussion Papers 7915, Institute for the Study of Labor (IZA).

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