Titelaufnahme

Titel
Youth labour markets in developing and developed countries : the role of the sectoral composition of production / P.N. (Raja) Junankar (UNSW Canberra, University of Technology Sydney, Western Sydney University and IZA) ; IZA Institute of Labor Economics
VerfasserJunankar, Pramod N.
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, March 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (37 Seiten) : Diagramme
SerieDiscussion paper ; no. 12256
URLVolltext
URNurn:nbn:de:hbz:5:2-185784 
Zugänglichkeit
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Youth labour markets in developing and developed countries [0.79 mb]
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Zusammenfassung (Englisch)

In this paper we explore the role of the sectoral composition of gross domestic product (GDP) in explaining the behaviour of youth labour markets. We provide a comparison of the behaviour of youth unemployment rates, employment-population rates, and labour force participation rates between developing countries and developed (rich) countries. In developing countries, open unemployment is less of a problem: the major problem faced by young people is employment in the informal sector that is poorly paid, intermittent, and insecure. A major part of employment in developing countries consists of "vulnerable employment". After a brief review of the literature, the paper uses panel data to estimate equations for unemployment rates, employment-population rates, and labour force participation rates for youths. We find that the sectoral composition of production and aggregate demand are important in explaining the behaviour of youth labour markets.

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