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An introduction to the european unemployment problem: Past trajectory, present dilemmas and future policies

Ferreira Campos, Nauro F; Eichenauer, Vera Z; Sturm, Jan-Egbert; (2024) An introduction to the european unemployment problem: Past trajectory, present dilemmas and future policies. European Economic Review , 172 , Article 104928. 10.1016/j.euroecorev.2024.104928.

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Abstract

Since 1980, the unemployment rate in Europe has consistently exceeded that in the United States. A large body of economic literature has attempted to explain the causes of this phenomenon. The aim of this paper is to provide an introductory overview of the subject, including a review of existing explanations, the establishment of a set of stylised facts and the introduction of a selection of recent contributions to the ongoing debate.

Type: Article
Title: An introduction to the european unemployment problem: Past trajectory, present dilemmas and future policies
DOI: 10.1016/j.euroecorev.2024.104928
Publisher version: https://doi.org/10.1016/j.euroecorev.2024.104928
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions.
Keywords: Unemployment, Labour market institutions, Shocks, Worker, heterogeneity, Gender, Youth unemployment
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of Arts and Humanities
URI: https://discovery.ucl.ac.uk/id/eprint/10201120
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