Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92309
Authors: 
Cahuc, Pierre
Carcillo, Stéphane
Rinne, Ulf
Zimmermann, Klaus F.
Year of Publication: 
2013
Citation: 
[Journal:] IZA Journal of European Labor Studies [ISSN:] 2193-9012 [Publisher:] Springer [Place:] Heidelberg [Volume:] 2 [Year:] 2013 [Pages:] 1-23
Abstract: 
France and Germany are two polar cases in the European debate about rising youth unemployment. Similar to what can be observed in Southern European countries, a 'lost generation' may arise in France. In stark contrast, youth unemployment has been on continuous decline in Germany for many years, hardly affected by the Great Recession. This paper analyzes the diametrically opposed developments in the two countries to derive policy lessons. As the fundamental differences in youth unemployment primarily result from structural differences in labor policy and in the (vocational) education system, short-term oriented policies do not address the core of the problems. Ultimately, the youth unemployment disease in France and in other European countries has to be cured with structural reforms.
Subjects: 
Labor policy
Labor market institutions
Great recession
Youth unemployment
Minimum wages
Demographic trends
Vocational education and training
Employment protection
JEL: 
J24
J38
J68
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/2.0/
Document Type: 
Article

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