This paper analyzes the role of labor market institutions for youth unemployment, as
contrasted to total unemployment. The empirical results are basically consistent with an
insider view of labor market institutions. Labor market institutions tend to protect (older)
employees but might harm (young) entrants. Remarkable is especially the significant and
very high effect of employment protection for regular jobs on youth unemployment. In
addition, the combined effects of powerful unions and a coordinated wage bargaining system
are beneficial for older people and detrimental to youth. Finally, the paper establishes
significant labor supply effects and effects of the education system on youth and total unemployment.
Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.