Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157663
Authors: 
Pastore, Francesco
Year of Publication: 
2017
Series/Report no.: 
GLO Discussion Paper 67
Abstract: 
This essay discusses the determinants of youth unemployment within the EU and then the alternative policy options currently at stake. We argue that youth unemployment regards especially some peripheral EU countries and is due to a mix of factors that should be addressed more vigorously, starting from expansionary fiscal and monetary policy. The guiding line should be to reform the Maastricht Treaty so as to allow eacg EU country to reach the Europe 2020 targets. Moreover, especially in the peripheral countries drastic reforms of the school-to-work transition regimes are needed, including not only the European Youth Guarantee, which is underfinanced, but also the introduction of better links between the education system and the labor market. The past emphasis on labor market reforms, instead, should be reconsidered.
Subjects: 
Youth Unemployment
Maastricht Treaty
Europe2020
School-to-Work Transition
Dual Education System
European Youth Guarantee
Work related learning
EU
JEL: 
H52
I2
I24
J13
J24
Document Type: 
Working Paper

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