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Alves Martins dos Santos Serrasqueiro, João Pedro

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  • Youth Unemployment Determinants and Interactions with Inequality
    Publication . Serrasqueiro, João Pedro Alves Martins dos Santos; Neves, Pedro Cunha; Neves, Elena Sochirca
    Youth unemployment rates are significantly and consistently higher than total unemployment rates, hitting particularly high values in a crisis context. The aim of this work is to assess the determinants of youth unemployment in developed countries, relying on a youth to total unemployment ratio, and investigate its impact on income inequality. Using data from 18 OECD countries from 1990 to 2019, the results of the estimations indicate a widening effect of labor market flexibilization and economic growth on the gap between youth and total unemployment rates, with a narrowing effect from postsecondary educational attainment. Moreover, this work shows no evidence of a significant impact of youth unemployment on income inequality.