Persistence in youth unemployment

"This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries by using two alternative measures: the AR coefficient and the fractional differencing parameter, based on short- and longmemory processes respectively. The evidence suggests th...

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Bibliographic Details
Main Authors: Caporale, Guglielmo Maria, Gil-Alana, Luis A.
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Berlin 2012
DIW
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19132023124919502059-Persistence-in-youth-unemploym.htm
Description
Summary:"This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries by using two alternative measures: the AR coefficient and the fractional differencing parameter, based on short- and longmemory processes respectively. The evidence suggests that persistence is particularly high in Japan and some EU countries such as Spain, Portugal, Ireland and Finland, where appropriate policy actions are of the essence. Specifically, active labour market policies are necessary to prevent short-term unemployment from becoming structural (long-term)."
Physical Description:10 p.
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