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A Note on Youth Unemployment in the EU

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Author Info
Floro Ernesto Caroleo (University of Naples Parthenope, Italy)
Francesco Pastore (Seconda Università di Napoli and IZA Bonn, Italy)

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Abstract

This short note aims to provide a theoretical framework to think of the youth unemployment problem and a classification of EU countries according to the way they address it. The key factor to explain youth unemployment is what we call the youth experience gap. To help young people to fill their experience gap and smooth school-to-work transitions every country provides a mix of policy instruments, including different degrees and types of labour market flexibility, of educational and training systems, of passive income support schemes and fiscal incentives. Five different country groups are detected whose outcomes in terms of youth unemployment are dramatically different: a) the North-European; b) the Continental European; c) the Anglo-Saxon; d) the South-European; e) new member states. The Lisbon strategy provides well-targeted guidelines, but is costly and hard to implement1. JEL CLASSIFICATION: H31, H52, I2, J13, J24, J68

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File URL: http://www.upet.ro/annals/pdf/Annals-2007.pdf
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Publisher Info
Article provided by University of Petrosani, Romania in its journal Annals of University of Petroşani.

Volume (Year): 7 (2007)
Issue (Month): ()
Pages: 37-52
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Handle: RePEc:pet:annals:v:7:y:2006:p:37-52

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Web page: http://www.upet.ro/

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Related research
Keywords: youth unemployment problem; youth experience gap; youth employment policy; Lisbon strategy;

Statistics
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This page was last updated on 2009-12-13.


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