It’s the Youth, Stupid! Explaining Labour Market Policy Reactions to the Crisis

Hörisch, Felix ; Weishaupt, J. Timo

Document Type: Article
Year of publication: 2012
The title of a journal, publication series: Zeitschrift für vergleichende Politikwissenschaft : ZfVP
Volume: 6
Issue number: 2
Page range: 233-253
Place of publication: Wiesbaden
Publishing house: Springer VS
ISSN: 1865-2646 , 1865-2654
Publication language: English
Institution: Außerfakultäre Einrichtungen > Mannheim Centre for European Social Research - Research Department B
Subject: 320 Political science
Abstract: The global financial crisis that commenced in 2008 has triggered massive increases in unemployment in almost all industrialized nations. Among them, about half reacted by introducing or expanding jobs in the so-called second labour market in 2009. What explains that numerous OECD countries have opted for this type of intervention, while others have not? Through the application of a discriminant analysis, we first identify predictors for the use of direct job-creation measures: the financial room for manoeuvre coupled with a rapid rise in youth unemployment. Subsequently we carefully trace the political events in three most different systems, including Germany, Sweden and the United Kingdom.

Dieser Eintrag ist Teil der Universitätsbibliographie.

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