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Youth Unemployment and Vocational Training

Klaus Zimmermann (), Costanza Biavaschi (), Werner Eichhorst (), Corrado Giulietti (), Michael J. Kendzia, Alexander Muravyev, Janneke Pieters, Rodríguez-Planas, Núria and Ricarda Schmidl
Authors registered in the RePEc Author Service: Александр Муравьев ()

Foundations and Trends(R) in Microeconomics, 2013, vol. 9, issue 1–2, 1-157

Abstract: This paper focuses on the determinants of the labor market situation of young people in developed countries and the developing world, with a particular emphasis on the role of vocational training and education policies. We highlight the role of demographic factors, economic growth and labor market institutions in explaining young people's transition into work. Subsequently, we assess differences between the setup and functioning of the vocational education and training policies across major world regions as an important driver of differential labor market situation of youth. Based on our analysis, we argue in favor of vocational education and training systems combining work experience and general education and provide some policy recommendations regarding the implementation of education and training systems adapted to a country's economic and institutional context.

Keywords: Vocational education and training; Dual vocational training; Youth employment; Youth unemployment (search for similar items in EconPapers)
JEL-codes: I25 J24 O17 (search for similar items in EconPapers)
Date: 2013
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