Le cause del (l’in-)successo lavorativo dei giovani

The determinants of youth success in the labour market

Floro Caroleo () and Francesco Pastore

MPRA Paper from University Library of Munich, Germany

Abstract: This paper suggests that the insufficient work experience of young people as compared to adults is the major cause of the hardship the former experience in the labour market both in terms of employment and wages. Economists are bewildered as to the determinants of and as to the ways to cure the youth experience gap. Most of them believe that the market should solve youth hardship by offering them: a) a lower than average entry wage able to mirror their lower productivity level; b) increasing labour market flexibility so as to allow them to move more easily from one job the next until they have found the best one for them; c) and, in particular, temporary work, considered as the only way to allow them to acquire the work experience they actually need. Other observers, instead, criticize entry flexibility and temporary work. The former works only if accompanied by additional instruments, otherwise it favours only those people who already have a greater level of motivation and skill. Temporary work allows accumulating only generic, not job specific work experience. The solution is a policy mix whereas labour market flexibility is accompanied by a more efficient and even education and training system and on the duality principle. This is shown in the second part of the paper by building a classification of EU regimes by type of school-to-work transition institutions.

Keywords: Youth Unemployment; Youth Experience Gap; Temporary Work; Flexicurity; Lisbon Strategy (search for similar items in EconPapers)
JEL-codes: H52 I2 J13 (search for similar items in EconPapers)
Date: 2009-03
New Economics Papers: this item is included in nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Journal Article: Le cause del(l') (in)successo lavorativo dei giovani (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:14218

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