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Youth unemployment and vocational training

Zimmermann, K. F., Biavaschi, C., Eichhorst, W., Giulietti, C., Kendzia, M. J., Muravyev, A., Pieters, J., Rodríguez-Planas, N. and Schmidl, R. (2013) Youth unemployment and vocational training. Foundations and Trends® in Microeconomics, 9 (1–2). pp. 1-157. ISSN 1547-9846

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To link to this item DOI: 10.1561/0700000058

Abstract/Summary

This paper focuses on the determinants of the labor market situation of young people in developed countries and the developing world, with a particular emphasis on the role of vocational training and education policies. We highlight the role of demographic factors, economic growth and labor market institutions in explaining young people's transition into work. Subsequently, we assess differences between the setup and functioning of the vocational education and training policies across major world regions as an important driver of differential labor market situation of youth. Based on our analysis, we argue in favor of vocational education and training systems combining work experience and general education and provide some policy recommendations regarding the implementation of education and training systems adapted to a country's economic and institutional context.

Item Type:Article
Refereed:Yes
Divisions:No Reading authors. Back catalogue items
Faculty of Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
ID Code:38421
Publisher:now publishers

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