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What drives youth unemployment in Europe?

Iva Tomić   ORCID icon orcid.org/0000-0002-4706-7881 ; Ekonomski institut, Zagreb

Fulltext: english, pdf (485 KB) pages 5-40 downloads: 324* cite
APA 6th Edition
Tomić, I. (2016). What drives youth unemployment in Europe?. Radni materijali EIZ-a, (1), 5-40. Retrieved from https://hrcak.srce.hr/152600
MLA 8th Edition
Tomić, Iva. "What drives youth unemployment in Europe?." Radni materijali EIZ-a, vol. , no. 1, 2016, pp. 5-40. https://hrcak.srce.hr/152600. Accessed 4 Dec. 2020.
Chicago 17th Edition
Tomić, Iva. "What drives youth unemployment in Europe?." Radni materijali EIZ-a , no. 1 (2016): 5-40. https://hrcak.srce.hr/152600
Harvard
Tomić, I. (2016). 'What drives youth unemployment in Europe?', Radni materijali EIZ-a, (1), pp. 5-40. Available at: https://hrcak.srce.hr/152600 (Accessed 04 December 2020)
Vancouver
Tomić I. What drives youth unemployment in Europe?. Radni materijali EIZ-a [Internet]. 2016 [cited 2020 December 04];(1):5-40. Available from: https://hrcak.srce.hr/152600
IEEE
I. Tomić, "What drives youth unemployment in Europe?", Radni materijali EIZ-a, vol., no. 1, pp. 5-40, 2016. [Online]. Available: https://hrcak.srce.hr/152600. [Accessed: 04 December 2020]

Abstracts
This article explores the main determinants of youth unemployment rates in Europe in the period 2002‐2014, by estimating panel data models on a unique dataset for 28 EU member countries. Taking into account heterogeneity among EU countries, models are also estimated on two different subsamples: high and low youth unemployment rate. The results suggest that for better understanding of the determinants of youth unemployment in Europe it is not only relevant to focus on traditional macroeconomic variables, but it is also important to consider different structural and institutional factors. Hence, main empirical results suggest that youth unemployment in the EU is more pronounced in countries with poor GDP growth, low share of construction and high public debt. Low share of temporary employment and high perceived corruption also matter. Less mobility due to homeownership, high remittances from abroad, low work intensity of other household members or less possibilities for young people to live outside parental homes are also meaningful, at least for EU countries with comparatively high youth unemployment rates. These results could be of high importance, especially when determining and evaluating different measures taken in order to mitigate (high) youth unemployment rates in Europe.

Keywords
labour market; youth unemployment; panel data models; recession; Europe

Hrčak ID: 152600

URI
https://hrcak.srce.hr/152600

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