What drives youth unemployment in Europe? Economic vs. non-economic determinants

Does Corruption Matter for Unemployment in SADC Countries?

“…With regard to the methodology to address the issue of sources of unemployment in countries of an economic region, fixed effects and long-run models are often used (Tomić, 2016;Bouzid, 2016). The first bias of its analyses is that they do not take into account the endogeneity of the determinants of unemployment.…”

“…At the end of our literature review, we noted that the traditional determinants of the unemployment rate are the inefficiency of public policy (Battaglini and Coate, 2011;Rendahl, 2016), the human capital (Nickell, 1979;Mincer, 1991;Condratov, 2014), income inequalities (Helpman et al, 2010) and the weight of the informal sector (Dell'Anno and Solomon, 2008; Enste, 2003). To these traditional determinants, are added, some specific determinants of youth unemployment rate such as the economic cycle and economic growth (Hurd and Rohwedder, 2010;Katz, 2014), migration (Tomić, 2016), and labour market dysfunctionalities (Condratov, 2014). Finally, the literature reveals the effect of corruption on the dynamics of the unemployment rate (Bouzid, 2016).…”

Towards Sustainable Development in the European Labour Market by Suppressing Corruption

“…Unfortunately, corruption is correlated with employment in the sense that high levels of corruption imply high levels of unemployment (Beltrán, 2015). Youth unemployment is considered to be specific to countries with high public debt, as a consequence of corruption (Tomić, 2018).…”

Social Investment and Youth Labor Market Participation

“…More precisely, when an economy is expanding, its youth unemployment rate decreases more than the average, while it increases more than average when an economy is contracting (Pastore ). The main reason have been identified in the lower qualifications of the young, their experience “gap” along with weaker work contracts (Tomić ). Another important factor is the role of educational policy and differences in school‐to‐work transition regimes (Corsini and Brunetti ).…”

“…Importantly, there is still considerable cross‐country variation when it comes to youth labor market participation. For instance, Central European countries (especially Germany and Austria) have a lower youth unemployment and inactivity rates, along with higher employment rates, than the rest of the EU—especially Southern and Eastern Europe (Pastore ; Tomić ). The recent financial crisis has further deepened regional disparities having a profound impact on the employability of the young (Bruno, Marelli, and Signorelli , ).…”