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Flexicurity analysis of youngsters in Europe: the role of "capabilities" and human capital

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  • Emanuela Ghignoni
  • Gabriella PappadÃ

Abstract

The paper presents some significant results of the YOUTH project (Young in Occupations and Unemployment: THinking of their better integration in the labour market), promoted by the European Commission DG Employment. The paper assumes that flexicurity is very important for young workers, because they are (as new entrants in the labour market and as workers with peculiar qualitative structural characteristics) particularly exposed to risks of unemployment, atypical employment and precariousness trap. In this framework, we perform a principal component and a cluster analyses to classify the EU Member States in accordance with the degree of achievement of flexicurity for young people. The analysis use a set of indicators wider than that identified in the four flexicurity pillars proposed by the EC and includes flexibility and security components more targeted to young people needs. In particular, we use further human capital indicators and some measures of combination security and young people autonomy that we propose as indicators of individuals' real opportunities, strictly tied to the concept of capabilities.

Suggested Citation

  • Emanuela Ghignoni & Gabriella PappadÃ, 2009. "Flexicurity analysis of youngsters in Europe: the role of "capabilities" and human capital," Working Papers in Public Economics 125, University of Rome La Sapienza, Department of Economics and Law.
    • Handle: RePEc:sap:wpaper:wp125
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    References listed on IDEAS

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    10. repec:ilo:empelm:2007-03 is not listed on IDEAS
    11. Tangian, Andranik S., 2004. "Defining the flexicurity index in application to European countries," WSI Working Papers 122, The Institute of Economic and Social Research (WSI), Hans Böckler Foundation.
    12. Emanuela Ghignoni, 2006. "Human capital, unemployment, and probability of transition to permanent employment in the Italian regional labour markets," Working Papers in Public Economics 93, University of Rome La Sapienza, Department of Economics and Law.
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    Cited by:

    1. Emanuela Ghignoni, 2011. "Young workers' overeducation and cohort effects in P.I.G.S. countries versus the Netherlands: a pseudo-panel analysis," Working Papers in Public Economics 147, University of Rome La Sapienza, Department of Economics and Law.

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    More about this item

    Keywords

    youth employment; labour economic policies; flexicurity; capabilities; human capital.;
    All these keywords.

    JEL classification:

    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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