Resource title

Explaining Youth Labor Market Problems in Spain: Crowding-Out, Institutions, or Technology Shifts?

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Resource description

This paper examines the empirical evidence regarding the poor performance of the youth labor market in Spain over the last two decades, which entails very high unemployment for both higher and lower educated workers, symptoms of over-education, and low intensity of on-the-job training. It also presents a simple matching model with two types of workers (?educated? and "non-educated") and two types of jobs (?skilled" and ?unskilled"), under which educated workers may crowd-out non-educated workers from their traditional entry jobs, showing that a combination of an increase in the relative supply of higher educated worker and rigid labor market institutions harms the training and labor market prospects of lower educated workers, while it raises the proportion of higher educated workers performing low-skill jobs.

Resource author

Juan F. Jimeno, Florentino Felgueroso, Juan José Dolado

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20982

Resource license

Adapt according to the presented license agreement and reference the original author.