IDEAS home Printed from https://ideas.repec.org/p/cte/werepe/6155.html
   My bibliography  Save this paper

The causes of youth labour market problems in Spain: out , institutions, or technology shifts?

Author

Listed:
  • Felgueroso, Florentino
  • Jimeno, Juan F.

Abstract

An important future of Spanish unemployment, besides being high, is that it has been and still is very unevenly distributed: female and youth unemployment rates have been about 10 and 20 percentage points higher, respectively than aggregate unemployment. The fact that those unemployment differentials have remained more or less constant over the 1980s and 1990s constitutes a puzzle given that there has been a very rapid educational upgrading since the mid- 1980s which has mostly affected precisely females and young workers. In this paper we address that puzzle by using an explanation based on "crowding out" of lower educated workers by higher educated ones who, when searching of frictions exist, accept temporary simple jobs and continue searching for more complex jobs which pay a higher wage.

Suggested Citation

  • Felgueroso, Florentino & Jimeno, Juan F., 1999. "The causes of youth labour market problems in Spain: out , institutions, or technology shifts?," UC3M Working papers. Economics 6155, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:6155
    as

    Download full text from publisher

    File URL: https://e-archivo.uc3m.es/rest/api/core/bitstreams/bf9f0745-8aa0-4661-907f-5ac16ccde3d6/content
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Daron Acemoglu, 1999. "Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence," American Economic Review, American Economic Association, vol. 89(5), pages 1259-1278, December.
    2. Acemoglu, D, 1996. "Good Jobs Versus Bad Jobs : Theory and Some Evidence," Working papers 96-33, Massachusetts Institute of Technology (MIT), Department of Economics.
    3. Daron Acemoglu, 1996. "A Microfoundation for Social Increasing Returns in Human Capital Accumulation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(3), pages 779-804.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ángel L. Martín‐Román & Jaime Cuéllar‐Martín & Alfonso Moral, 2023. "Natural and cyclical unemployment: A stochastic frontier decomposition and economic policy implications," Bulletin of Economic Research, Wiley Blackwell, vol. 75(1), pages 5-39, January.
    2. Cuéllar Martín, Jaime & Martín-Román, Ángel L. & Moral, Alfonso, 2017. "A composed error model decomposition and spatial analysis of local unemployment," MPRA Paper 79783, University Library of Munich, Germany.
    3. Dolado, Juan J. & Felgueroso, Florentino & Jimeno, Juan F., 2000. "Youth labour markets in Spain: Education, training, and crowding-out," European Economic Review, Elsevier, vol. 44(4-6), pages 943-956, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Naoki Shintoyo, 2008. "Creation of jobs and firm-sponsored training in a matching model of unemployment," Journal of Economics, Springer, vol. 93(2), pages 145-176, March.
    2. Daron Acemoglu, 1999. "Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence," American Economic Review, American Economic Association, vol. 89(5), pages 1259-1278, December.
    3. Machin, Stephen & Manning, Alan, 1997. "Can supply create its own demand? Implications for rising skill differentials," European Economic Review, Elsevier, vol. 41(3-5), pages 507-516, April.
    4. Daron Acemoglu, 2003. "Cross-Country Inequality Trends," Economic Journal, Royal Economic Society, vol. 113(485), pages 121-149, February.
    5. Daniel Cardona & Fernando Sánchez-Losada, 2006. "Unions, qualification choice, and output," Oxford Economic Papers, Oxford University Press, vol. 58(1), pages 50-76, January.
    6. de Meza, David & Lockwood, Ben, 2004. "Too Much Investment: A Problem of Coordination Failure," Economic Research Papers 269597, University of Warwick - Department of Economics.
    7. Nitsa Kasir & Idit Sohlberg, 2018. "The Impact of Supervision and Incentive Process in Explaining Wage Profile and Variance," Papers 1806.01332, arXiv.org.
    8. Charlot, Olivier & Decreuse, Bruno, 2010. "Over-education for the rich, under-education for the poor: A search-theoretic microfoundation," Labour Economics, Elsevier, vol. 17(6), pages 886-896, December.
    9. Daron Acemoglu & Joshua Angrist, 1999. "How Large are the Social Returns to Education? Evidence from Compulsory Schooling Laws," NBER Working Papers 7444, National Bureau of Economic Research, Inc.
    10. Espen R. Moen & Åsa Rosén, 2013. "On-The-Job Search And Moral Hazard," Journal of the European Economic Association, European Economic Association, vol. 11(6), pages 1404-1431, December.
    11. Maxim Bouev, 2005. "State Regulations, Job Search and Wage Bargaining: A Study in the Economics of the Informal Sector," William Davidson Institute Working Papers Series wp764, William Davidson Institute at the University of Michigan.
    12. Daron Acemoglu & Robert Shimer, 1999. "Efficient Unemployment Insurance," Journal of Political Economy, University of Chicago Press, vol. 107(5), pages 893-928, October.
    13. Jürgen Antony & Torben Klarl & Erik E. Lehmann, 2017. "Productive and harmful entrepreneurship in a knowledge economy," Small Business Economics, Springer, vol. 49(1), pages 189-202, June.
    14. Friso Schlitte, 2012. "Local human capital, segregation by skill, and skill‐specific employment growth," Papers in Regional Science, Wiley Blackwell, vol. 91(1), pages 85-106, March.
    15. Samuel Bentolila & Claudio Michelacci & Javier Suarez, 2010. "Social Contacts and Occupational Choice," Economica, London School of Economics and Political Science, vol. 77(305), pages 20-45, January.
    16. repec:col:000416:010087 is not listed on IDEAS
    17. Åsa Rosén & Etienne Wasmer, 2005. "Higher Education Levels, Firms’ Outside Options and the Wage Structure," LABOUR, CEIS, vol. 19(4), pages 621-654, December.
    18. Ana María Díaz, 2011. "The Employment Advantages of Skilled Urban Areas," Vniversitas Económica, Universidad Javeriana - Bogotá, vol. 0(0), pages 1-38, July.
    19. Ana María Díaz, 2013. "The Employment Advantages of Skilled Urban Municipalities in Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 31(70), pages 316-366, July.
    20. Richard Rogerson & Robert Shimer & Randall Wright, 2004. "Search-Theoretic Models of the Labor Market-A Survey," NBER Working Papers 10655, National Bureau of Economic Research, Inc.
    21. Charlot, Olivier & Decreuse, Bruno, 2005. "Self-selection in education with matching frictions," Labour Economics, Elsevier, vol. 12(2), pages 251-267, April.

    More about this item

    Keywords

    Search models;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cte:werepe:6155. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Poveda (email available below). General contact details of provider: http://www.eco.uc3m.es/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.