The determinants of youth unemployment. A panel data analysis

Francesco Pastore and Luca Giuliani
Additional contact information
Luca Giuliani: -

Discussion Papers from CRISEI, University of Naples "Parthenope", Italy

Abstract: The school-to-work transition represents a long dark tunnel for too many young people all over the world. Nonetheless, cross-country differences are striking: in Germany, young people fare no worse than their adult counterparts, while in the South- and Eastern-European Union countries young people fare from 3 to 4 times worse than their adult counterparts. This essay points to the youth experience gap as a key concept: countries dramatically differ in their strategies to cover the youth experience gap, which remains high even in a time of ever increasing education attainment. Five different country groups are detected whose outcomes in terms of youth unemployment are dramatically different: a) the North-European; b) the Continental European; c) the Anglo-Saxon; d) the South-European; e) the New Member States. For the first time, this essay provides evidence based on panel data analysis. Our final specification is a dynamic model with control for endogenous variables to explain the role that different educational systems vis-à-vis labor market institutions have in affecting the youth absolute and relative disadvantage. We find that the European Continental and the Anglo-Saxon system perform much better also after controlling for per capita GDP level and growth, as well as for labor market and educational institutions.

Keywords: Youth Unemployment, Youth Experience Gap, School-to-Work Transition Regimes, Dynamic Panel Data Analysis; System GMM. (search for similar items in EconPapers)
JEL-codes: H31 H52 I2 J13 J24 J68 (search for similar items in EconPapers)
Date: 2015-03-02
New Economics Papers: this item is included in nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.crisei.uniparthenope.it/wp/materiale/2_pastore-giuliani.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.crisei.uniparthenope.it:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:crj:dpaper:2_2015

Access Statistics for this paper

More papers in Discussion Papers from CRISEI, University of Naples "Parthenope", Italy Contact information at EDIRC.
Bibliographic data for series maintained by Margherita Gallo ( this e-mail address is bad, please contact ).