Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/10153
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Young people and the great recession
Author(s): Bell, David
Blanchflower, David
Contact Email: david.blanchflower@stir.ac.uk
Keywords: youth unemployment
active labour market policy
Great Recession
well-being
health status
job satisfaction
scarring
Issue Date: Jun-2011
Date Deposited: 21-Nov-2012
Citation: Bell D & Blanchflower D (2011) Young people and the great recession. Oxford Review of Economic Policy, 27 (2), pp. 241-267. https://doi.org/10.1093/oxrep/grr011
Abstract: This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment using micro-data. We find that there is convincing evidence that the effects of unemployment when young impose costs on individuals and society well into the future. Although the effects of current policies on youth unemployment are uncertain, there is still a strong case for policy intervention to address the difficulties that the young are having in accessing employment.
DOI Link: 10.1093/oxrep/grr011
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