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

Author

Listed:
  • 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.

Suggested Citation

  • Theodore Mitrakos & Panos Tsakloglou & Ioannis Cholezas, 2010. "Determining factors of youth unemployment in Greece with emphasis on tertiary education graduates," Economic Bulletin, Bank of Greece, issue 33, pages 21-62, May.
    • Handle: RePEc:bog:econbl:y:2010:i:33:p:21-62
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    File URL: https://www.bankofgreece.gr/BogEkdoseis/econbull201005.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Tassos Giannitsis & Stavros Zografakis, 2015. "Greece: Solidarity And Adjustment In Times Of Crisis," IMK Studies 38-2015, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    2. Benos, Nikos & Karagiannis, Stelios, 2016. "Do education quality and spillovers matter? Evidence on human capital and productivity in Greece," Economic Modelling, Elsevier, vol. 54(C), pages 563-573.
    3. Çetin ÇELİK, 2020. "The Performance of Education System in Different Welfare Regimes in School to Work Transitions: Denmark, France, Spain, Greece, and TurkeyAbstract: School systems and their links with the labor market," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(45).
    4. Tassos Giannitsis & Stavros Zografakis, 2018. "Crisis management in Greece," IMK Studies 58-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    5. 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 of Labor Economics (IZA).

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    More about this item

    Keywords

    youth unemployment; tertiary education;

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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