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Youth participation in the Greek labour market: developments and obstacles

Author

Listed:
  • Daphne Nicolitsas

    () (Bank of Greece)

Abstract

The last few decades have seen a significant increase in education enrolment rates in Greece. Despite this development, however, finding a job still appears to be a lengthy process. Estimates from a transition model using individual data from the 2000 Ad hoc Labour Force Survey suggest that the transition from school to work is correlated with labour market conditions, with the degree of urbanization of the region of residence, with the level of education completed and the field of study followed. The results question whether the education pattern of full-time studies followed in Greece, as opposed to a combination of studies with opportunities for work experience followed in most EU-15 countries, is appropriate. The study also reviews the institutional features that determine youth pay in Greece which appears to be less flexible than in other countries although an assessment of the impact of institutions on youth employment asks for general equilibrium analysis which is not undertaken in this study.

Suggested Citation

  • Daphne Nicolitsas, 2007. "Youth participation in the Greek labour market: developments and obstacles," Economic Bulletin, Bank of Greece, issue 29, pages 37-88, October.
  • Handle: RePEc:bog:econbl:y:2007:i:29:p:37-88
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    File URL: http://www.bankofgreece.gr/en/publications/pdf/econbull200710.pdf
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    References listed on IDEAS

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    Cited by:

    1. Costas N. Kanellopoulos, 2012. "Employment and worker flows during the financial crisis," Economic Bulletin, Bank of Greece, issue 36, pages 31-41, April.
    2. Costas N. Kanellopoulos, 2014. "The private sector Greek labour market during the crisis," Economic Bulletin, Bank of Greece, issue 39, pages 21-36, July.
    3. Petros M. Migiakis, 2012. "Reviewing the proposals for common bond issuances by the euro-area sovereign under a long-term perspective," Economic Bulletin, Bank of Greece, issue 37, pages 43-54, December.
    4. Costas N. Kanellopoulos, 2012. "The Size and structure of uninsured employment," Economic Bulletin, Bank of Greece, issue 37, pages 23-41, December.
    5. Zacharias Bragoudakis & Dimitrios Sideris, 2012. "Do retail gasoline prices adjust symmetrically to crude oil price changes? the case of the Greek oil market," Economic Bulletin, Bank of Greece, issue 37, pages 7-21, December.
    6. Sophia Lazaretou, 2014. "The smart economy: cultural and creative industries in Greece: can they be a way out of the crisis?," Economic Bulletin, Bank of Greece, issue 39, pages 73-103, July.
    7. Dimitra Dimitropoulou & Anastasia Koutsomanoli-Filippaki & Evangelos Charalambakis & Georgios Aggelis, 2014. "The financing of Greek enterprises before and during the crisis," Economic Bulletin, Bank of Greece, issue 39, pages 7-20, July.
    8. Aikaterini Chaireti, 2014. "The housing situation of residents of Greece in the time of crisis 2008-2012," Economic Bulletin, Bank of Greece, issue 39, pages 105-141, July.
    9. Faidon Kalfaoglou, 2014. "European banking union: “Europeanising” banks’ financial safety net," Economic Bulletin, Bank of Greece, issue 39, pages 37-72, July.

    More about this item

    Keywords

    youth labour market participation; school to work transition;

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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