wow-inequalities/02-data/intermediate/wos_sample/b2578fa2df27000bf27e81061611b4b8-speckesser-stefan-s/info.yaml

abstract: 'Purpose The purpose of this paper is to provide quantitative estimates

  on the impact of active labour market policy (ALMP) on youth

  unemployment in Europe based on a macroeconomic panel data set of youth

  unemployment, ALMP and education policy variables and further

  country-specific characteristics on labour market institutions and the

  broader demographic and macroeconomic environment for all EU-Member

  States. Design/methodology/approach The authors follow the design of an

  aggregate impact analysis, which aims to explain the impact of policy on

  macroeconomic variables like youth employment and unemployment (see

  Bellmann and Jackman, 1996). This follows the assumption that

  programmes, which are effective in terms of improving individual

  employment opportunities, are going to make a difference on the

  equilibrium of youth unemployment. Findings The findings show that both

  wage subsidies and job creation are reducing aggregate youth

  unemployment, which is in contrast to some of the surveys of

  microeconomic studies indicating that job creation schemes are not

  effective. This finding points towards the importance to assist young

  people making valuable work experience, which is a benefit from job

  creation, even if this experience is made outside regular employment

  and/or the commercial sector. Research limitations/implications - In

  terms of the variables to model public policy intervention in the youth

  labour market, only few indicators exist, which are consistently

  available for all EU-Member States, despite much more interest and

  research aiming to provide an exhaustive picture of the youth labour

  market in Europe. The only consistently available measures are spending

  on ALMP as a percentage of gross domestic product (in the different

  programmes) and participation stocks and entries by type of

  intervention. Practical implications - The different effects found for

  the 15-19 year olds, who seem to benefit from wage subsidies, compared

  to the effect of job creations benefitting the 20-24 year olds, might

  relate to the different barriers for both groups to find employment. Job

  creation programmes seem to offer this group an alternative mechanism to

  gain valuable work experience outside the commercial sector, which could

  help form a narrative of positive labour market experience. In this way,

  job creation should be looked more positively at when further developing

  ALMP provision, especially for young people relatively more distant to

  engagement in regular employment. Social implications Improving the

  situation of many millions of young Europeans failing to find gainful

  employment, and more generally suffering from deprivation and social

  exclusion, has been identified as a clear priority for policy both at

  the national level of EU-Member States and for EU-wide initiatives. With

  this study, the authors attempt to contribute to the debate about the

  effectiveness of policies which combat youth unemployment by estimating

  the quantitative relationship of ALMP and other institutional features

  and youth unemployment. Originality/value To research the relationship

  between youth unemployment and ALMP, the authors created a macroeconomic

  database with repeated observations for all EU-Member States for a time

  series (1998-2012). The authors include variables on country

  demographics and the state of the economy as well as variables

  describing the labour market regimes from Eurostat, i.e.

  the flexibility of the labour market (part-time work and fixed-term

  employment as a percentage of total employment) and the wage setting

  system (level and coordination of bargaining and government intervention

  in wage bargaining).'
affiliation: 'Speckesser, SS (Corresponding Author), Natl Inst Econ \& Social Res,
  London, England.

  Speckesser, Stefan Sonke, Natl Inst Econ \& Social Res, London, England.

  Carreras, Francisco Jose Gonzalez, Her Majestys Govt United Kingdom Great Britain
  \&, London, England.

  Kirchner Sala, Laura, Ivalua Barcelona, Barcelona, Spain.'
author: Speckesser, Stefan Sonke and Carreras, Francisco Jose Gonzalez and Kirchner
  Sala, Laura
author-email: s.speckesser@niesr.ac.uk
author_list:
- family: Speckesser
  given: Stefan Sonke
- family: Carreras
  given: Francisco Jose Gonzalez
- family: Kirchner Sala
  given: Laura
da: '2023-09-28'
doi: 10.1108/IJM-03-2018-0100
eissn: 1758-6577
files: []
issn: 0143-7720
journal: INTERNATIONAL JOURNAL OF MANPOWER
keywords: Public policy; Labour market; Europe; Youth
language: English
month: NOV 4
number: 8, SI
number-of-cited-references: '49'
orcid-numbers: Speckesser, Stefan/0000-0002-2442-7194
pages: 1510-1534
papis_id: f6af36c74343c15e3e58a133072d44cc
ref: Speckesser2019activelabour
times-cited: '9'
title: Active labour market policies for young people and youth unemployment An analysis
  based on aggregate data
type: article
unique-id: WOS:000490250500008
usage-count-last-180-days: '2'
usage-count-since-2013: '31'
volume: '40'
web-of-science-categories: Industrial Relations \& Labor; Management
year: '2019'