Youth Unemployment and Vocational Training | Zendy

Costanza Biavaschi | Zendy; Werner Eichhörst | Zendy; Corrado Giulietti | Zendy; Michael J. Kendzia | Zendy; Alexander Muravyev | Zendy; Janneke Pieters | Zendy; Núria RodríguezPlanas | Zendy; Ricarda Schmidl | Zendy; Klaus Zimmermann | Zendy

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Youth Unemployment and Vocational Training

Author(s) -

Costanza Biavaschi,

Werner Eichhörst,

Corrado Giulietti,

Michael J. Kendzia,

Alexander Muravyev,

Janneke Pieters,

Núria RodríguezPlanas,

Ricarda Schmidl,

Klaus Zimmermann

Publication year - 2013

Publication title -

foundations and trends® in microeconomics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.24

H-Index - 18

eISSN - 1547-9854

pISSN - 1547-9846

DOI - 10.1561/0700000058

Subject(s) - vocational education , youth unemployment , unemployment , context (archaeology) , work (physics) , training (meteorology) , differential (mechanical device) , economic growth , political science , labour economics , economics , geography , meteorology , mechanical engineering , archaeology , aerospace engineering , engineering

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. © 2013 K. F. Zimmermann, C. Biavaschi, W. Eichhorst, C. Giulietti, M. J. Kendzia, A. Muravyev, J. Pieters, N. Rodríguez-Planas, and R. Schmidl.Peer Reviewe

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