Effects of regulation on youth unemployment: Evidence from European countries
Economic trends in recent years have led to rising unemployment across Europe. This trend is particularly evident among youth. At the same time, the negative demographic trends in many countries show that the number of young people is decreasing. Problems among young people are the reflection of the...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Economics institute, Belgrade
2015-01-01
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| Series: | Industrija |
| Subjects: | |
| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2015/0350-03731502129Z.pdf |
| _version_ | 1817979167372738560 |
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| author | Zubović Jovan Zdravković Aleksandar Pavlović Dejana |
| author_facet | Zubović Jovan Zdravković Aleksandar Pavlović Dejana |
| author_sort | Zubović Jovan |
| collection | DOAJ |
| description | Economic trends in recent years have led to rising unemployment across Europe. This trend is particularly evident among youth. At the same time, the negative demographic trends in many countries show that the number of young people is decreasing. Problems among young people are the reflection of the future state of the nation. Therefore there is a need to analyse whether the government can reduce youth unemployment rate using available regulatory tools. In this paper, the authors have analysed the impact of three groups of factors on the youth unemployment rate by using multiple regression analysis and controlling the long-term determinants of unemployment. The results show that the level of unemployment is largely impacted by a tax rate on low wages, primarily in the mid-term. Factors related to the general rate of unemployment, as well as the other demographic factors have showed no statistically significant impact on mid-term and long-term youth unemployment rate. |
| first_indexed | 2024-04-13T22:39:19Z |
| format | Article |
| id | doaj.art-c4b7bffab240459e939c4821ff0301c3 |
| institution | Directory Open Access Journal |
| issn | 0350-0373 2334-8526 |
| language | English |
| last_indexed | 2024-04-13T22:39:19Z |
| publishDate | 2015-01-01 |
| publisher | Economics institute, Belgrade |
| record_format | Article |
| series | Industrija |
| spelling | doaj.art-c4b7bffab240459e939c4821ff0301c32022-12-22T02:26:40ZengEconomics institute, BelgradeIndustrija0350-03732334-85262015-01-0143212914310.5937/industrija43-84830350-03731502129ZEffects of regulation on youth unemployment: Evidence from European countriesZubović Jovan0Zdravković Aleksandar1Pavlović Dejana2Institute of Economic Sciences, Belgrade, SerbiaInstitute of Economic Sciences, Belgrade, SerbiaInstitute of Economic Sciences, Belgrade, SerbiaEconomic trends in recent years have led to rising unemployment across Europe. This trend is particularly evident among youth. At the same time, the negative demographic trends in many countries show that the number of young people is decreasing. Problems among young people are the reflection of the future state of the nation. Therefore there is a need to analyse whether the government can reduce youth unemployment rate using available regulatory tools. In this paper, the authors have analysed the impact of three groups of factors on the youth unemployment rate by using multiple regression analysis and controlling the long-term determinants of unemployment. The results show that the level of unemployment is largely impacted by a tax rate on low wages, primarily in the mid-term. Factors related to the general rate of unemployment, as well as the other demographic factors have showed no statistically significant impact on mid-term and long-term youth unemployment rate.http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2015/0350-03731502129Z.pdfYouth unemploymentDemographic FactorsLabour Market Regulations |
| spellingShingle | Zubović Jovan Zdravković Aleksandar Pavlović Dejana Effects of regulation on youth unemployment: Evidence from European countries Industrija Youth unemployment Demographic Factors Labour Market Regulations |
| title | Effects of regulation on youth unemployment: Evidence from European countries |
| title_full | Effects of regulation on youth unemployment: Evidence from European countries |
| title_fullStr | Effects of regulation on youth unemployment: Evidence from European countries |
| title_full_unstemmed | Effects of regulation on youth unemployment: Evidence from European countries |
| title_short | Effects of regulation on youth unemployment: Evidence from European countries |
| title_sort | effects of regulation on youth unemployment evidence from european countries |
| topic | Youth unemployment Demographic Factors Labour Market Regulations |
| url | http://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2015/0350-03731502129Z.pdf |
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