Sachs, Andreas; Smolny, Werner - In: Jahrbücher für Nationalökonomie und Statistik 235 (2015) 4-5, pp. 403-417
Summary 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 …