Young People and the Great Recession

37 Pages Posted: 9 May 2011

See all articles by David N.F. Bell

David N.F. Bell

University of Stirling - Department of Economics; IZA Institute of Labor Economics

David G. Blanchflower

Dartmouth College - Department of Economics; National Bureau of Economic Research (NBER); University of Stirling - Department of Economics

Abstract

This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment using microdata. We argue that there is convincing evidence that the effects of unemployment when young impose costs on individuals and society well into the future. Though the effects of current policies on youth unemployment are uncertain, there is still a strong case for policy intervention to address the difficulties that the young are having in accessing employment.

Keywords: youth unemployment

JEL Classification: J01, J11, J21, J23, J38, J64

Suggested Citation

Bell, David N.F. and Blanchflower, David G., Young People and the Great Recession. IZA Discussion Paper No. 5674. Available at SSRN: https://ssrn.com/abstract=1835313

David N.F. Bell (Contact Author)

University of Stirling - Department of Economics ( email )

Stirling, Scotland FK9 4LA
United Kingdom
+44 1786 467 486 (Phone)
+44 1786 467 469 (Fax)

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

David G. Blanchflower

Dartmouth College - Department of Economics ( email )

Hanover, NH 03755
United States
603-646-2536 (Phone)
603-646-2122 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

University of Stirling - Department of Economics ( email )

Stirling, FK9 4LA
United Kingdom

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
130
Abstract Views
850
rank
230,265
PlumX Metrics