IDEAS home Printed from https://ideas.repec.org/p/iza/izapps/pp127.html
   My bibliography  Save this paper

Getting It Right: Youth Employment Policy within the EU

Author

Listed:
  • Pastore, Francesco

    (Università della Campania Luigi Vanvitelli)

Abstract

This essay discusses the determinants of youth unemployment within the EU and then the alternative policy options currently at stake. We argue that youth unemployment regards especially some peripheral EU countries and is due to a mix of factors that should be addressed more vigorously, starting from expansionary fiscal and monetary policy. The guiding line should be to reform the Maastricht Treaty so as to allow each EU country to reach the Europe 2020 targets. Moreover, especially in the peripheral countries drastic reforms of the school-to-work transition regimes are needed, including not only the European Youth Guarantee, which is underfinanced, but also the introduction of better links between the education system and the labor market. The past emphasis on labor market reforms, instead, should be reconsidered.

Suggested Citation

  • Pastore, Francesco, 2017. "Getting It Right: Youth Employment Policy within the EU," IZA Policy Papers 127, Institute of Labor Economics (IZA).
  • Handle: RePEc:iza:izapps:pp127
    as

    Download full text from publisher

    File URL: https://docs.iza.org/pp127.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Francesco Pastore, 2015. "The European Youth Guarantee: labor market context, conditions and opportunities in Italy," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-22, December.
    2. Samuel Bentolila & Juan Dolado & Juan Jimeno, 2012. "Reforming an insider-outsider labor market: the Spanish experience," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 1(1), pages 1-29, December.
    3. Paul De Grauwe, 2014. "What Have We Learnt about Monetary Integration since the Maastricht Treaty?," World Scientific Book Chapters, in: Exchange Rates and Global Financial Policies, chapter 11, pages 273-296, World Scientific Publishing Co. Pte. Ltd..
    4. repec:bla:jcmkts:v:44:y:2006:i::p:711-730 is not listed on IDEAS
    5. Francesco Pastore, 2009. "School-to-Work Transitions in Mongolia," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 6(2), pages 245-264, December.
    6. Gianfranco Viesti, 2011. "Le politiche di sviluppo del Mezzogiorno negli ultimi venti anni: scelte e risultati," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2011(4), pages 95-137.
    7. Werner Eichhorst & Núria Rodríguez-Planas & Ricarda Schmidl & Klaus F. Zimmermann, 2015. "A Road Map to Vocational Education and Training in Industrialized Countries," ILR Review, Cornell University, ILR School, vol. 68(2), pages 314-337, March.
    8. Carmen Aina & Eliana Baici & Giorgia Casalone & Francesco Pastore, 2013. "Il fuoricorsismo tra falsi miti e realtà," Economia & lavoro, Carocci editore, issue 1, pages 147-154.
    9. Floro Ernesto Caroleo & Francesco Pastore, 2012. "Overeducation at a glance. Determinants and wage effects of the educational mismatch, looking at the AlmaLaurea data," Discussion Papers 18_2012, CRISEI, University of Naples "Parthenope", Italy.
    10. Mauro, Luciano & Pigliaru, Francesco, 2013. "Decentralization, Social Capital and Regional Convergence," Economy and Society 151534, Fondazione Eni Enrico Mattei (FEEM).
    11. Clorinda Maisto & Francesco Pastore, 2017. "Alternanza scuola-lavoro: un bilancio preliminare a un anno dall'attuazione," Economia & lavoro, Carocci editore, issue 1, pages 133-146.
    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. Caroleo, Floro Ernesto & Pastore, Francesco, 2017. "Investing in Human Capital to Boost Growth!," IZA Policy Papers 135, Institute of Labor Economics (IZA).
    2. Giorgio d'Agostino & Michele Raitano & Margherita Scarlato, 2022. "Job mobility and heterogeneous returns to apprenticeship training in Italy," British Journal of Industrial Relations, London School of Economics, vol. 60(2), pages 391-423, June.
    3. Milasi Santo, 2020. "What Drives Youth’s Intention to Migrate Abroad? Evidence from International Survey Data," IZA Journal of Development and Migration, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 11(1), pages 1-30, January.
    4. Peter Huber & Gerhard Streicher & Georg Böhs, 2018. "Evaluierung des Paktes für Arbeit und Qualifizierung für Oberösterreich," WIFO Studies, WIFO, number 66774.
    5. Floro Ernesto Caroleo & Francesco Pastore, 2019. "The Italian lowgrowth conundrum: An assessment and some policy lessons," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 20(01), pages 33-39, April.

    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. Pastore, Francesco, 2017. "Why So Slow? The School-to-Work Transition in Italy," IZA Discussion Papers 10767, Institute of Labor Economics (IZA).
    2. Massimiliano Bratti & Corinna Ghirelli & Enkelejda Havari & Giulia Santangelo, 2022. "Vocational training for unemployed youth in Latvia," Journal of Population Economics, Springer;European Society for Population Economics, vol. 35(2), pages 677-717, April.
    3. F. Pastore, 2015. "The Mezzogiorno and Crisis after Market and State Failures. A Review of Economic Literature," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3-4, pages 525-582.
    4. Aina, Carmen & Brunetti, Irene & Mussida, Chiara & Scicchitano, Sergio, 2021. "Even more discouraged? The NEET generation at the age of COVID-19," GLO Discussion Paper Series 863, Global Labor Organization (GLO).
    5. Caroleo, Floro Ernesto & Pastore, Francesco, 2017. "Investing in Human Capital to Boost Growth!," IZA Policy Papers 135, Institute of Labor Economics (IZA).
    6. Pastore, Francesco, 2020. "The quasi-market of employment services in Italy," Journal of Policy Modeling, Elsevier, vol. 42(6), pages 1248-1269.
    7. Ruggero Cefalo & Rosario Scandurra & Yuri Kazepov, 2020. "Youth Labor Market Integration in European Regions," Sustainability, MDPI, vol. 12(9), pages 1-18, May.
    8. Doruk, Ömer Tuğsal & Pastore, Francesco, 2020. "School to Work Transition and Macroeconomic Conditions in the Turkish Economy," GLO Discussion Paper Series 730, Global Labor Organization (GLO).
    9. Chiara Burlina & Alessandro Crociata & Iacopo Odoardi, 2021. "Can culture save young Italians? The role of cultural capital on Italian NEETs behaviour," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(3), pages 943-969, October.
    10. Pastore, Francesco & Quintano, Claudio & Rocca, Antonella, 2021. "Some young people have all the luck! The duration dependence of the school-to-work transition in Europe," Labour Economics, Elsevier, vol. 70(C).
    11. Nina Vishnevskaya, 2019. "State Labour Market Policy: Reforming Institutions in OECD Countries," Public administration issues, Higher School of Economics, issue 1, pages 35-60.
    12. Eichhorst, Werner & Rinne, Ulf, 2015. "An Assessment of the Youth Employment Inventory and Implications for Germany's Development Policy," IZA Research Reports 67, Institute of Labor Economics (IZA).
    13. Genda, Yuji & Heckel, Markus & Kambayashi, Ryo, 2019. "Employees who do not know their labour contract term and the implications for working conditions: Evidence from Japanese and Spanish microdata," Japan and the World Economy, Elsevier, vol. 49(C), pages 95-104.
    14. Leonardo Catena & Nicola Giannelli & Vittorio Sergi, 2018. "School-work alternation in the Marche region: inequalities in the distribution of training and employment opportunities," Working Papers 1807, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2018.
    15. Charles B. Blankart & Sven Bretschneider, 2012. "Nutzen und Kosten eines Austritts Griechenlands aus dem Euro," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(09), pages 12-16, May.
    16. Rebecca J Oliver & Andrew L Morelock, 2021. "Insider and outsider support for unions across advanced industrial democracies: Paradoxes of solidarity," European Journal of Industrial Relations, , vol. 27(2), pages 167-183, June.
    17. Jimeno Juan F. & Martínez-Matute Marta & Mora-Sanguinetti Juan S., 2020. "Employment protection legislation, labor courts, and effective firing costs," IZA Journal of Labor Economics, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 9(1), pages 1-26, January.
    18. Domadenik, Polona & Far?nik, Daša & Pastore, Francesco, 2013. "Horizontal Mismatch in the Labour Market of Graduates: The Role of Signalling," IZA Discussion Papers 7527, Institute of Labor Economics (IZA).
    19. Crescioli, Tommaso & Martelli, Angelo, 2022. "Beyond the Great Reversal: Superstars, Unions, and the Euro," Single Market Economics Papers WP2022/8, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    20. Вишневская Н. Т., 2019. "Государственная Политика На Рынке Труда: Реформирование Институтов В Странах Оэср," Вопросы государственного и муниципального управления // Public administration issues, НИУ ВШЭ, issue 1, pages 35-60.

    More about this item

    Keywords

    youth unemployment; Maastricht Treaty; Europe2020; schoolto- work transition; dual education system; European Youth Guarantee; work related learning; EU;
    All these keywords.

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I2 - Health, Education, and Welfare - - Education
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • 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

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:iza:izapps:pp127. 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: Holger Hinte (email available below). General contact details of provider: https://edirc.repec.org/data/izaaade.html .

    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.