Please use this identifier to cite or link to this item: http://arl.liuc.it/dspace/handle/2468/5834
Title: Youth employment in Europe: do institutions and social capital explain better than mainstream economics?
Authors: Contini, Bruno
Issue Date: 2012
Publisher: European Association for Comparative Economic Studies (EACES)
Università Carlo Cattaneo - LIUC
Bibliographic citation: Contini Bruno (2012), Youth employment in Europe: do institutions and social capital explain better than mainstream economics?. In: The European Journal of Comparative Economics, vol. 9, n. 2, 2012, p. 247-277. E-ISSN 1824-2979.
Abstract: Why did employment growth - high in the last decade - take place at the expense of young workers mainly, but not only. in the countries of Southern Europe? Youth unemployment is now exceeding 30%, after decades hovering around 20% and over, despite a variety of factors, common to most EU countries, that would be expected to reduce its evolution: population ageing and the demographic decline, low labor cost of young workers, flexibility of working arrangements, higher educational attainment, low unionization of young workers, early retirement practices of workers 50+. But neither seems to provide a convincing explanation for countries of Southern Europe. Historically based institutions and political tradition, cultural values, social capital - factors that go beyond the standard explanation of economic theory - provide a more satisfying interpretation.
URI: http://arl.liuc.it/dspace/handle/2468/5834
Journal/Book: The European journal of comparative economics
Appears in Collections:EJCE

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