How to Combine the Entry of Young People in the Labour Market with the Retention of Older Workers?

33 Pages Posted: 28 Dec 2013

See all articles by Werner Eichhorst

Werner Eichhorst

Institute for the Study of Labor (IZA)

Tito Boeri

Bocconi University - Department of Economics; Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics

An De Coen

KU Leuven

Vincenzo Galasso

University of Lugano; Centre for Economic Policy Research (CEPR)

Michael Jan Kendzia

IZA Institute of Labor Economics

Nadia Steiber

Vienna University of Economics

Abstract

This paper provides an overview of the employment situation of young and old workers in the EU Member States, setting out the most recent development during the crisis and dealing with policies implemented to promote the employment of both groups. The evidence collected shows that there is no competition between young and older workers on the labour market. Structural or general policies to enhance the functioning of EU labour markets are crucial to improving the situation of both groups. However, the responsibility for employment policies still predominantly lies within Member States of the European Union, although initiatives taken at the EU level can provide added value, particularly through stimulating the exchange of experiences and facilitating regional and cross-border mobility throughout the EU.

Keywords: youth unemployment, older workers, Europe, demographic change

JEL Classification: J11, J14, J18, J13, J63, J64

Suggested Citation

Eichhorst, Werner and Boeri, Tito and De Coen, An and Galasso, Vincenzo and Kendzia, Michael Jan and Steiber, Nadia, How to Combine the Entry of Young People in the Labour Market with the Retention of Older Workers?. IZA Discussion Paper No. 7829. Available at SSRN: https://ssrn.com/abstract=2372538

Werner Eichhorst (Contact Author)

Institute for the Study of Labor (IZA) ( email )

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

Tito Boeri

Bocconi University - Department of Economics ( email )

Via Gobbi 5
Milan, 20136
Italy

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

IZA Institute of Labor Economics ( email )

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

An De Coen

KU Leuven ( email )

Oude Markt 13
Leuven, Vlaams-Brabant 3000
Belgium

Vincenzo Galasso

University of Lugano ( email )

Via Giuseppe Buffi 13
Lugano, 6900
Switzerland

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Michael Jan Kendzia

IZA Institute of Labor Economics ( email )

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

Nadia Steiber

Vienna University of Economics ( email )

Welthandelsplatz 1
Vienna, Wien 1020
Austria

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