Mitigating Long-term Unemployment in Europe
While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term un...
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oai:doaj.org-article:830f06f4081b46c7afa6098e172d00f42021-12-05T14:11:08ZMitigating Long-term Unemployment in Europe2193-900410.2478/izajolp-2021-0003https://doaj.org/article/830f06f4081b46c7afa6098e172d00f42021-05-01T00:00:00Zhttps://doi.org/10.2478/izajolp-2021-0003https://doaj.org/toc/2193-9004While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long-term unemployment in European countries using a panel of 25 European countries over the period 2000–2018. We find that skill mismatches, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment. Among the different types of active labor market policies, training and startup incentives are found to be effective in reducing long-term unemployment.Miyamoto HiroakiSuphaphiphat NujinSciendoarticlelong-term unemploymentlabor market matching efficiencyactive labor market policyj64j68Labor policy. Labor and the stateHD7795-8027ENIZA Journal of Labor Policy, Vol 11, Iss 1, Pp 277-297 (2021) |
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long-term unemployment labor market matching efficiency active labor market policy j64 j68 Labor policy. Labor and the state HD7795-8027 |
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long-term unemployment labor market matching efficiency active labor market policy j64 j68 Labor policy. Labor and the state HD7795-8027 Miyamoto Hiroaki Suphaphiphat Nujin Mitigating Long-term Unemployment in Europe |
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While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long-term unemployment in European countries using a panel of 25 European countries over the period 2000–2018. We find that skill mismatches, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment. Among the different types of active labor market policies, training and startup incentives are found to be effective in reducing long-term unemployment. |
format |
article |
author |
Miyamoto Hiroaki Suphaphiphat Nujin |
author_facet |
Miyamoto Hiroaki Suphaphiphat Nujin |
author_sort |
Miyamoto Hiroaki |
title |
Mitigating Long-term Unemployment in Europe |
title_short |
Mitigating Long-term Unemployment in Europe |
title_full |
Mitigating Long-term Unemployment in Europe |
title_fullStr |
Mitigating Long-term Unemployment in Europe |
title_full_unstemmed |
Mitigating Long-term Unemployment in Europe |
title_sort |
mitigating long-term unemployment in europe |
publisher |
Sciendo |
publishDate |
2021 |
url |
https://doaj.org/article/830f06f4081b46c7afa6098e172d00f4 |
work_keys_str_mv |
AT miyamotohiroaki mitigatinglongtermunemploymentineurope AT suphaphiphatnujin mitigatinglongtermunemploymentineurope |
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