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This article explores the main determinants of youth unemployment in Europe in the period 2002 to 2014 by estimating panel data models for the 28 Member States of the European Union (EU). Heterogeneity is acknowledged by estimating models for subsamples of countries with “high” and “low” youth unemployment rates. The main results suggest that youth unemployment is more pronounced in countries with poor GDP growth, a low share of construction activity and high public debt. Reduced mobility (owing to homeownership), corruption, reception of a high level of remittances and a lack of possibilities for young people to live outside parental homes are also important factors.

We employ an extension to the OB method based on RIF regressions and reweighting.  The public sector premium is present in both years and is three times higher in Serbia.  There is a similar increase in the public-private sector wage gap in both countries during the crisis.  The substantial public sector wage compression is further exacerbated by the crisis.  Pre-crisis structural reforms played a decisive role in the countries" responses to the crisis.

This article studies the importance of structural unemployment in the Croatian labour market via occupational mismatch between vacancies and unemployment in the period 2004-2011. The matching function which incorporates the effect of occupational mismatch on the flow of filled vacancies is used for the aggregate market as well as for different submarkets based on the grouping of similar occupations. It appears that occupational mismatch does not have an impact on the aggregate flow of filled vacancies. The portion of total unemployment that can be attributed to occupational mismatch is estimated to be only up to 6%, while the portion of unemployment attributed to mismatch in different submarkets varies greatly.