Arbeitspapier

Persistence in youth unemployment

This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries by using two alternative measures: the AR coefficient and the fractional differencing parameter, based on short- and long-memory processes respectively. The evidence suggests that persistence is particularly high in Japan and some EU countries such as Spain, Portugal, Ireland and Finland, where appropriate policy actions are of the essence. Specifically, active labour market policies are necessary to prevent short-term unemployment from becoming structural (long-term).

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 3961

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Unemployment: Models, Duration, Incidence, and Job Search
Thema
youth unemployment
persistence
fractional integration
Jugendarbeitslosigkeit
Hysteresis
Schätzung
Industriestaaten
Japan
Spanien
Portugal
Irland
Finnland

Ereignis
Geistige Schöpfung
(wer)
Caporale, Guglielmo Maria
Gil-Alana, Luis A.
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2012

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Caporale, Guglielmo Maria
  • Gil-Alana, Luis A.
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2012

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