Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/203974 
Year of Publication: 
2014
Series/Report no.: 
wiiw Working Paper No. 109
Publisher: 
The Vienna Institute for International Economic Studies (wiiw), Vienna
Abstract: 
Abstract This paper analyses the impacts of the crisis on various groups in the labour market, providing a comparison across groups of EU countries and individual Central and East European new EU Member States. Particularly it reports how the crisis affected the transitions of people between different states in the labour market employment, unemployment, education and inactivity. Based on EU SILC data, a descriptive overview concerning the changes in transition rates is provided by estimating Markov transition probabilities. This is complemented by a set of probit regression results pointing towards significant changes in the various transitions triggered by the crisis. This is particularly the case for the younger age cohorts and low-educated workers.
Subjects: 
labour market transitions
crisis effects
young cohorts
JEL: 
E24
J23
J63
Document Type: 
Working Paper

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