|
EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/65391
|
| | |
| Title: | | Persistence in youth unemployment  |
| Authors: | | Caporale, Guglielmo Maria Gil-Alana, Luis A. |
| Issue Date: | | 2012 |
| Series/Report no.: | | CESifo Working Paper: Labour Markets 3961 |
| Abstract: | | 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). |
| Subjects: | | youth unemployment persistence fractional integration |
| JEL: | | C22 J64 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/65391
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|