This Time It's Different? Youth Labour Markets During 'The Great Recession'

Shane Niall O'Higgins

No 6434, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper looks at the effects of the 'Great Recession' on young people's labour market experiences in the European Union. The paper documents some of the key characteristics of young people's labour market experiences during the current recession and then seeks to provide some explanations of these applying both cross-section and time series rolling regression models in order, in particular, to better understand the role of labour market institutions as a determining factor of differing experiences across countries. The analysis finds that labour market flexibility contributed significantly to the negative consequences felt by young people during the recession.

Keywords: human capital; recession; youth labour markets; EPL (search for similar items in EconPapers)
JEL-codes: I28 J13 J23 J24 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2012-03
New Economics Papers: this item is included in nep-eec and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (50)

Published - published in: Comparative Economic Studies, 2012, 54 (2), 395-412

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