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Youth unemployment in Spain: A cost-effective policy measure to mitigate the youth unemployment problem in Spain based on an analysis of its underlying factors

Gemen, Simon (2014) Youth unemployment in Spain: A cost-effective policy measure to mitigate the youth unemployment problem in Spain based on an analysis of its underlying factors.

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Abstract:This paper investigates major factors of youth unemployment in Spain from 1999-2012 and suggests a policy reform in order to mitigate the structural youth unemployment problem in Spain. The main research question this paper will be answering is: “Which policy measure can most cost-effectively mitigate the youth unemployment rate in Spain?” In the frame of this research project, a causal model consisting of twelve variables has been established and will be used in order to disclose which factors have been determining youth unemployment the most in Spain from 1999-2012. The relationships between each of the twelve (independent) variables and youth unemployment (dependent variable) will be analysed using SPSS. Based on the findings of this analysis, a policy recommendation to decrease the youth unemployment rate in Spain will be provided. This paper finds that active labour market policies (ALMP) are the key to solving the youth unemployment problem. In this context, ALMP programmes exclusively targeted at young people need to be introduced at a broad scale and a policy shift from supply side stimulation to demand side stimulation is necessary.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:83 economics
Programme:European Studies BSc (56627)
Link to this item:http://purl.utwente.nl/essays/65236
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