Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/101924 
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers No. 8400
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper investigates the impact of the GFC on youth unemployment and long term unemployment. In particular, we study whether the GFC had a bigger impact on youths than adults, and whether youth unemployment rates increased due to an increase in youth wages relative to adult wages. To anticipate our results, we find that the youth unemployment rates increased significantly more than that of adults even though youth wages had been falling relative to adult wages.
Subjects: 
youth labour markets
youth unemployment
global financial crisis
JEL: 
J64
J21
Document Type: 
Working Paper

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