The European Youth Guarantee: Labor Market Context, Conditions and Opportunities in Italy

36 Pages Posted: 30 Mar 2015

See all articles by Francesco Pastore

Francesco Pastore

Seconda Università di Napoli - Dipartimento di Discipline Giuridiche ed Economiche Italiane Europee e Comparate; IZA Institute of Labor Economics

Abstract

This essay aims to discuss the conditions for a successful implementation of the European Youth Guarantee in Italy. In principle, the program should be able to affect the frictional and mismatch components of unemployment, if not the Keynesian and neoclassical ones, as also the experience of Scandinavian countries suggests. However, this requires an in-depth transformation of the entire school-to-work transition system, involving not only public employment services, but also educational and training systems. To tackle the Keynesian and neoclassical components of unemployment, instead, it is vital to rethink the European austerity and reduce the labor wedge.

Keywords: European Youth Guarantee, European Social Model, school-to-work transition, youth unemployment, youth experience gap, Keynesian unemployment, neoclassical unemployment, mismatch and frictional unemployment, Italy

JEL Classification: E12, E62, H52, J13, J24

Suggested Citation

Pastore, Francesco, The European Youth Guarantee: Labor Market Context, Conditions and Opportunities in Italy. IZA Discussion Paper No. 8921, Available at SSRN: https://ssrn.com/abstract=2586424

Francesco Pastore (Contact Author)

Seconda Università di Napoli - Dipartimento di Discipline Giuridiche ed Economiche Italiane Europee e Comparate ( email )

Via Antonio Vivaldi, 43
Caserta CE, Caserta 81100
Italy

HOME PAGE: http://www.giurisprudenza.unina2.it/news.php?nid=185

IZA Institute of Labor Economics

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

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
23
Abstract Views
302
PlumX Metrics