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How are youth faring in the labor market ? Evidence from around the world

Author

Listed:
  • Fares, Jean
  • Montenegro, Claudio E.
  • Orazem, Peter F.

Abstract

This paper uses a new standardized micro database for a large set of developing countries to (1) describe the patterns of labor market outcomes for youth, and (2) explain the contributions of supply and demand factors to youth outcomes. The paper shows that youth face various difficulties in transitioning to work. This is reflected in their relatively higher unemployment rate, higher incidence of low paying or unpaid work, and a large share of youth who are neither working nor in school. This is especially true for young girls who are found outside the labor market, some engaged in home production. Finally, the paper also finds that cross-country estimates show that changes in the youth relative cohort size is unlikely to have a large effect on how youth are faring in the labor market.

Suggested Citation

  • Fares, Jean & Montenegro, Claudio E. & Orazem, Peter F., 2006. "How are youth faring in the labor market ? Evidence from around the world," Policy Research Working Paper Series 4071, The World Bank.
    • Handle: RePEc:wbk:wbrwps:4071
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    References listed on IDEAS

    as
    1. Sanders Korenman & David Neumark, 2000. "Cohort Crowding and Youth Labor Markets (A Cross-National Analysis)," NBER Chapters, in: Youth Employment and Joblessness in Advanced Countries, pages 57-106, National Bureau of Economic Research, Inc.
    2. Niall O'Higgins, 2005. "Trends in the Youth Labour Market in Developing and Transition Countries," Labor and Demography 0507002, University Library of Munich, Germany.
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    Cited by:

    1. Ham Andrés & Maldonado Darío & Guzmán-Gutiérrez Carlos Santiago, 2021. "Recent trends in the youth labor market in Colombia: Diagnosis and policy challenges," IZA Journal of Labor Policy, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 11(1), pages 1-62, January.
    2. Brudevold-Newman, Andrew & Honorati, Maddalena & Jakiela, Pamela & Ozier, Owen, 2017. "A Firm of One's Own: Experimental Evidence on Credit Constraints and Occupational Choice," IZA Discussion Papers 10583, Institute of Labor Economics (IZA).
    3. Roy, Sanchari & Morton, Matthew & Bhattacharya, Shrayana, 2018. "Hidden human capital: Self-efficacy, aspirations and achievements of adolescent and young women in India," World Development, Elsevier, vol. 111(C), pages 161-180.
    4. Pieters, Janneke, 2013. "Youth Employment in Developing Countries," IZA Research Reports 58, Institute of Labor Economics (IZA).
    5. Andrés Ham & Darío Maldonado & Carlos Santiago Guzmán-Gutiérrez, 2019. "Tendencias recientes en la situación laboral de los jóvenes en Colombia: diagnóstico, desafíos y retos de política pública," Documentos de trabajo 17569, Escuela de Gobierno - Universidad de los Andes.
    6. Gustavo Adolfo García & Diego René Gonzales Miranda & Oscar Gallo & Juan Pablo Roman Calderon, 2020. "Millennials and the gender wage gap: Do millennial women face a glass ceiling?," Documentos de Trabajo de Valor Público 18409, Universidad EAFIT.
    7. Justesen, Michael, 2008. "Is the window of opportunity closing for Brazilian youth? Labor market trends and business cycle effects," Social Protection Discussion Papers and Notes 47188, The World Bank.

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    More about this item

    Keywords

    Labor Markets; Youth and Governance; Adolescent Health; Population Policies; Children and Youth;
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