How are Youth Faring in the Labor Market? Evidence from Around the World

31 Pages Posted: 20 Apr 2016

See all articles by Jean Fares

Jean Fares

World Bank

Claudio E. Montenegro

World Bank Group; Universidad de Chile, Economics Department

Peter F. Orazem

Iowa State University and IZA; IZA Institute of Labor Economics

Date Written: November 1, 2006

Abstract

This paper uses a new standardized micro database for a large set of developing countries to (1) describe the patterns of labor market outcomes for youth, and (2) explain the contributions of supply and demand factors to youth outcomes. The paper shows that youth face various difficulties in transitioning to work. This is reflected in their relatively higher unemployment rate, higher incidence of low paying or unpaid work, and a large share of youth who are neither working nor in school. This is especially true for young girls who are found outside the labor market, some engaged in home production. Finally, the paper also finds that cross-country estimates show that changes in the youth relative cohort size is unlikely to have a large effect on how youth are faring in the labor market.

Keywords: Labor Markets, Youth and Governance, Adolescent Health, Population Policies, Children and Youth

Suggested Citation

Fares, Jean and Montenegro, Claudio E. and Orazem, Peter Francis, How are Youth Faring in the Labor Market? Evidence from Around the World (November 1, 2006). World Bank Policy Research Working Paper No. 4071, Available at SSRN: https://ssrn.com/abstract=946668

Jean Fares

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Claudio E. Montenegro (Contact Author)

World Bank Group ( email )

1818 H. Street, N.W.
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Washington, DC 20433
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Universidad de Chile, Economics Department

Diagonal Paraguay 257
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Santiago
Chile

Peter Francis Orazem

Iowa State University and IZA ( email )

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Ames, IA 50011
United States
515-294-8656/515-294-7740 (Phone)
515-294-0221 (Fax)

IZA Institute of Labor Economics

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Bonn, D-53072
Germany

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