Resilience to the Financial Crisis in EU Countries: A Comparative Analysis of NEET Youths in a Longitudinal Perspective

Marianna Filandri (marianna.filandri@unito.it), Lia Pacelli (lia.pacelli@unito.it) and Francesco Trentini

Department of Economics and Statistics Cognetti de Martiis. Working Papers from University of Turin

Abstract: In recent years the number of young individuals not in employment, education nor training has been rising alarmingly. This condition may have long-lasting social and economic consequences and the ability to profile the most resilient types gives important information on more effective interventions for the most fragile ones. We analyse the trajectories of young Europeans in and out of the NEET condition in the decade following the financial crisis. We link the trajectories to pre-crisis structural features of selected institutions at the country level as well as to pre-crisis economic growth,institutions and policies often mentioned as able to facilitate the employment of young people. We take advantage of the longitudinal nature of the EU-SILC rotating panel to identify specific patterns in and out of the NEET condition, and we estimate a multilevel model to assess the impact of macrovariables on individual trajectories. Main results point to the positive effect of family support policies, training and of economic growth in deceasing the probability of being NEET for a very long period of time. Less so regarding the probability of churning in and out of NEET.

Pages: pages 30
Date: 2021-11
New Economics Papers: this item is included in nep-eur
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Persistent link: https://EconPapers.repec.org/RePEc:uto:dipeco:202122

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