2015
DOI: 10.1016/j.ecosys.2014.06.002
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The joint impact of labour policies and the “Great Recession” on unemployment in Europe

Abstract: The paper consists of an empirical analysis of the separate as well as joint impacts on total and youth unemployment of indicators of labour market policies on the one hand, and the financial crisis associated with the "Great Recession" on the other. In particular, we investigate labour market data in the past two decades for the Enlarged Europe and adopt a variable accounting for the idiosyncratic severity shock of the crisis. This time-varying and country-specific crisis variable enables us to test empirical… Show more

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Cited by 17 publications
(5 citation statements)
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“…68 As for the non linear relationship between active and passive labor policies in crisis time, see Dal Bianco, Bruno and Signorelli (2015). The general impact of institutions and policies on youth (and total) unemployment is reviewed in Marelli, Choudhry and Signorelli (2013).…”
Section: Policies Needed To Fight Youth Unemploymentmentioning
confidence: 99%
“…68 As for the non linear relationship between active and passive labor policies in crisis time, see Dal Bianco, Bruno and Signorelli (2015). The general impact of institutions and policies on youth (and total) unemployment is reviewed in Marelli, Choudhry and Signorelli (2013).…”
Section: Policies Needed To Fight Youth Unemploymentmentioning
confidence: 99%
“…The first result is that institutions and policies similar to those adopted in Continental Europe, especially in Germany, are especially apt to minimize the impact on labour markets (thanks to working hour adjustments, crisis management agreed with trade unions, targeted policies for young people, dual educational system, etc.). The second relevant result concerns the Southern regions: the high persistence of NEET and YUR -both male and female -and the low responsiveness to GDP mean that, even when the economy does recover, many years will elapse before the situation of young people improves, unless they rapidly adopt effective structural policiesfor example, changing the characteristics of the educational systems and improving the joint effect of active and passive labour policies (see Dal Bianco et al 2015).…”
Section: Discussionmentioning
confidence: 99%
“…The work has focussed on the experience of teenagers who at the end of compulsory education neither continue studying nor enter the labour market (Cavalca, 2016). To address the matter, Dal Bianco et al . (2015) recommend changing the characteristics of the educational systems and improving the joint effect of active and passive labour policies.…”
Section: Un Sustainable Development Goalsmentioning
confidence: 99%