Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/67166 
Year of Publication: 
2012
Series/Report no.: 
IZA Discussion Papers No. 6890
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper focuses on the determinants of the labor market situation of young people in developed countries and the developing world, with a special emphasis on the role of vocational training and education policies. We highlight the role of demographic factors, economic growth and labor market institutions in explaining young people's transition into work. We then assess differences in the setup and functioning of the vocational education and training policies in major world regions, as an important driver of differential labor market situation of youth. Based on our analysis we argue in favor of vocational education and training systems combining work experience and general education and give some policy recommendations regarding the implementation of education and training systems adapted to a country's economic and institutional context.
Subjects: 
vocational education and training
dual vocational training
youth employment
youth unemployment
JEL: 
J24
I25
O17
Document Type: 
Working Paper

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