Youth earnings and labour market volatility in Europe

Fuente: Organización Internacional del Trabajo (OIT)
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Auteurs principaux: Sara Ayllón, Xavier Ramos
Format: Artículo científico
Publié: International Labour Organization 2019
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author Sara Ayllón
Xavier Ramos
author_facet Sara Ayllón
Xavier Ramos
Sara Ayllón
Xavier Ramos
contents Youth earnings and labour market volatility in Europe Sara Ayllón Xavier Ramos The authors provide new evidence on youth earnings and labour market volatility, including flows into and out of employment, across Europe during the Great Recession. EU-SILC data for the period 2004–2013 reveal large disparities in volatility levels and trends across European countries. As expected, the Great Recession increased youth labour market volatility, offsetting the trends observed over previous years of economic prosperity. A variance decomposition exercise points to greater exposure to worker turnover in southern Europe. Fixed effects regression on labour market institutions relates higher unemployment benefits and more stringent employment protection legislation to lower earnings and labour market volatility. 10.1111/ilr.12131 DOI https://doi.org/10.1111/ilr.12131 publication.journalArticle
format Artículo científico
id ilo_995218986902676
institution Organización Internacional del Trabajo (OIT)
publishDate 2019
publisher International Labour Organization
spellingShingle Youth earnings and labour market volatility in Europe
Sara Ayllón
Xavier Ramos
Youth earnings and labour market volatility in Europe Sara Ayllón Xavier Ramos The authors provide new evidence on youth earnings and labour market volatility, including flows into and out of employment, across Europe during the Great Recession. EU-SILC data for the period 2004–2013 reveal large disparities in volatility levels and trends across European countries. As expected, the Great Recession increased youth labour market volatility, offsetting the trends observed over previous years of economic prosperity. A variance decomposition exercise points to greater exposure to worker turnover in southern Europe. Fixed effects regression on labour market institutions relates higher unemployment benefits and more stringent employment protection legislation to lower earnings and labour market volatility. 10.1111/ilr.12131 DOI https://doi.org/10.1111/ilr.12131 publication.journalArticle
title Youth earnings and labour market volatility in Europe
url https://researchrepository.ilo.org/esploro/outputs/journalArticle/Youth-earnings-and-labour-market-volatility/995218986902676