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http://ssrn.com/abstract=223887
 
 

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Explaining Youth Labour Market Problems in Spain: Crowding-Out, Institutions, or Technology Shifts?


Juan Francisco Jimeno-Serrano


Foundation for Applied Economic Research (FEDEA); Universidad de Alcala; Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA)

Juan Jose Dolado


Universidad Carlos III de Madrid - Department of Economics; Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA); CESifo (Center for Economic Studies and Ifo Institute)

Florentino Felgueroso


Universidad de Oviedo - Facultad de Economicas; Centre for Economic Policy Research (CEPR)

March 2000

CEPR Discussion Paper No. 2398

Abstract:     
This paper examines the empirical evidence regarding the poor performance of the youth labour market in Spain over the last two decades, which entails very high unemployment for both higher and lower educated workers, symptoms of over-education, and low intensity of on-the-job training. It also presents a simple matching model with two types of workers ('educated' and 'non-educated') and two types of jobs ('skilled' and 'unskilled'), under which educated workers may crowd-out non-educated workers from their traditional entry jobs, showing that a combination of an increase in the relative supply of higher educated workers and rigid labour market institutions harms the training and labour market prospects of lower educated workers, while it raises the proportion of higher educated workers performing low-skill jobs.

JEL Classification: J63, J64

working papers series


Not Available For Download

Date posted: August 11, 2000  

Suggested Citation

Jimeno-Serrano, Juan Francisco and Dolado, Juan Jose and Felgueroso, Florentino, Explaining Youth Labour Market Problems in Spain: Crowding-Out, Institutions, or Technology Shifts? (March 2000). CEPR Discussion Paper No. 2398. Available at SSRN: http://ssrn.com/abstract=223887

Contact Information

Juan Francisco Jimeno-Serrano (Contact Author)
Foundation for Applied Economic Research (FEDEA) ( email )
Jorge Juan 46
Madrid, 28001
Spain
+34 91 435 0401 (Phone)
+39 91 577 9575 (Fax)
Universidad de Alcala
Plaza de San Diego s/n
Alcala de Henares
E-28801 Madrid
Spain
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
Juan Jose Dolado
Universidad Carlos III de Madrid - Department of Economics ( email )
Calle Madrid 126
Getafe, 28903
Spain
+34 91 624 9300 (Phone)
+34 91 624 9313 (Fax)
HOME PAGE: http://www.eco.uc3m.es/english/staff/
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
CESifo (Center for Economic Studies and Ifo Institute)
Poschinger Str. 5
Munich, DE-81679
Germany
Florentino José Felgueroso Fernández
Universidad de Oviedo - Facultad de Economicas ( email )
Campus del Cristo, s/n
Oviedo, Asturias 33071
Spain
+34 98 510 3765 (Phone)
+34 98 523 4871 (Fax)
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
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