Citation
Discussion Paper Details
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Full Details
Title: The Wounds That Do Not Heal. The Life-time Scar of Youth Unemployment
Author(s): Gianni De Fraja, Sara Lemos and James Rockey
Publication Date: February 2017
Keyword(s): Lifetime earnings, Scarring effect and youth unemployment
Programme Area(s): Labour Economics and Public Economics
Abstract: This paper finds that unemployment shocks affect young workers for the rest of their lives. This scar of youth unemployment is concentrated in the first few years after entry in the labour market: one month of unemployment at age 18-20 cause a permanent income loss of 2%. However, unemployment after that age has no long term effect.
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Bibliographic Reference
De Fraja, G, Lemos, S and Rockey, J. 2017. 'The Wounds That Do Not Heal. The Life-time Scar of Youth Unemployment'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=11852