Why Have Labour Market Outcomes of Youth in Advanced Economies Deteriorated?
Abstract: Youth labour outcomes in comparison to those of prime-age adults have worsened across the OECD since the mid-1970s. English-speaking countries experienced mostly declines in relative pay; continental European countries experienced mostly declines in relative employment. This paper aims to explain these developments by estimating a system of simultaneous equations on a panel of 10 advanced economies. The results suggest that the deterioration in the youth labour market has been due to inward shifts in relative demand, offset only partially by reductions in relative supply. The heterogeneity in the deterioration across countries was caused partly by differential rates of relative pay adjustment, depending on each country’s mix of labour market institutions and the priority attached by social partners to youth employment.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 13 (2013)
Issue (Month): 1 (May)
|Contact details of provider:|| Web page: https://www.degruyter.com|
|Order Information:||Web: https://www.degruyter.com/view/j/bejeap|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jonathan Meer & Jeremy West, 2015.
"Effects of the Minimum Wage on Employment Dynamics,"
Upjohn Working Papers and Journal Articles
15-233, W.E. Upjohn Institute for Employment Research.
- Jonathan Meer & Jeremy West, 2016. "Effects of the Minimum Wage on Employment Dynamics," Journal of Human Resources, University of Wisconsin Press, vol. 51(2), pages 500-522.
- Jonathan Meer & Jeremy West, 2013. "Effects of the Minimum Wage on Employment Dynamics," NBER Working Papers 19262, National Bureau of Economic Research, Inc.
- David Card & Jochen Kluve & Andrea Weber, 2009.
"Active Labor Market Policy Evaluations: A Meta-analysis,"
CESifo Working Paper Series
2570, CESifo Group Munich.
- David Card & Jochen Kluve & Andrea Weber, 2010. "Active Labour Market Policy Evaluations: A Meta-Analysis," Economic Journal, Royal Economic Society, vol. 120(548), pages 452-477, November.
- Card, David Edward & Kluve, Jochen & Weber, Andrea Maria, 2009. "Active Labor Market Policy Evaluations – A Meta-analysis," Ruhr Economic Papers 86, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- David Card & Jochen Kluve & Andrea Weber, 2010. "Active Labor Market Policy Evaluations: A Meta-Analysis," NBER Working Papers 16173, National Bureau of Economic Research, Inc.
- Card, David & Kluve, Jochen & Weber, Andrea, 2009. "Active Labor Market Policy Evaluations: A Meta-Analysis," IZA Discussion Papers 4002, Institute for the Study of Labor (IZA).
- David E. Card & Jochen Kluve & Andrea Weber, 2009. "Active Labor Market Policy Evaluations: A Meta-analysis," NRN working papers 2009-02, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- David Neumark & William L. Wascher, 2008. "Minimum Wages," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262141027.
When requesting a correction, please mention this item's handle: RePEc:bpj:bejeap:v:13:y:2013:i:1:p:203-238:n:2. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.