Abstract

https://ssrn.com/abstract=223887
 


 



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


Juan F Jimeno


Banco de España - Research Department; Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics

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


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Date posted: August 11, 2000  

Suggested Citation

Jimeno, Juan F 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: https://ssrn.com/abstract=223887

Contact Information

Juan F Jimeno (Contact Author)
Banco de España - Research Department ( email )
Alcala 50
28014 Madrid
Spain
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
IZA Institute of Labor Economics
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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