Article 2017

Can welfare and labour market regimes explain cross-country differences in the unemployment of young people?

TD
Tamesberger, Dennis
International Labour Review
Journal · Vol. 156 · Issue 3-4 · pp. 443-464
Abstract

No single institution can reduce (long-term) youth unemployment. Welfare and labour market institutions function as “bundles”, through multiple inter-institutional synergies. Based on a focused literature review for theory and on cluster analysis for empirics, the author identifies five such regimes across the EU-27 and estimates their effects on the youth unemployment ratio and on long-term youth unemployment. The most helpful institutional arrangement for young people in the labour market would be a combination of strong dual apprenticeship embedded in a corporatist labour market regime with high levels of social security, active labour market policy, and spending on education and childcare. © © The author 2017 Journal compilation © International Labour Organization 2017

Keywords

Author Keywords

Apprenticeship Corporate social responsibility youth unemployment EU countries labour market analysis welfare economics

Index Keywords

comparative study literature review European union labor market unemployment young population Europe Corporate social responsibility welfare economics
Author Affiliations
Not provided
Funding & Acknowledgements
No funding information
References 10 References
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