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A Note on Youth Unemployment in the EU

Author

Listed:
  • Floro Ernesto Caroleo

    (University of Naples Parthenope, Italy)

  • Francesco Pastore

    (Seconda Università di Napoli and IZA Bonn, Italy)

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

Suggested Citation

  • Floro Ernesto Caroleo & Francesco Pastore, 2007. "A Note on Youth Unemployment in the EU," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 7, pages 37-52.
    • Handle: RePEc:pet:annals:v:7:y:2006:p:37-52
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    File URL: http://www.upet.ro/annals/pdf/Annals-2007.pdf
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    Citations

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    Cited by:

    1. Akram Sh. Alawad & Fuad Kreishan & Mohammad Selim, 2020. "Determinants of Youth Unemployment: Evidence from Jordan," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 152-165.

    More about this item

    Keywords

    youth unemployment problem; youth experience gap; youth employment policy; Lisbon strategy;
    All these keywords.

    JEL classification:

    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I2 - Health, Education, and Welfare - - Education
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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