Jump to ContentJump to Main Navigation
Show Summary Details

Review of Economic Perspectives

Národohospodárský obzor; The Journal of Masaryk University

4 Issues per year

SCImago Journal Rank (SJR) 2015: 0.143
Source Normalized Impact per Paper (SNIP) 2015: 0.273
Impact per Publication (IPP) 2015: 0.121

Open Access
See all formats and pricing
Volume 15, Issue 2 (Jun 2015)


Youth Labour Flows and Unemployment in Great Recession: Comparing Spain and the Czech Republic

Vladislav Flek
  • Email:
/ Martina Mysíková
  • Corresponding author
  • Metropolitan University Prague, Center for European Economic and Social Studies (CEESS), Prokopova 16, 130 00 Prague 3, Czech Republic. Work on this paper has benefited from funding from the European Union´s 7th Framework Programme (Grant Agreement no. 613256, project name: “Strategic Transitions for Youth Labour in Europe”). EU-SILC data were made available to the authors on the basis of contract no. EU-SILC/2012/66 between the European Commission, Eurostat, and Metropolitan University Prague. Our thanks are due to Martin Hála, Seamus McGuinness, Pavel Mertlík, Jirí Vecerník, Pavlína Žáková and two anonymous referees for their helpful comments. However, the authors alone remain responsible for the results
  • Email:
Published Online: 2015-07-16 | DOI: https://doi.org/10.1515/revecp-2015-0016


Using Spain and the Czech Republic as examples of two EU countries with different labour market performance, we apply a gross flow analysis based on EU-SILC longitudinal data. We find that while in Spain the increases in youth unemployment are driven mostly by young people who lose their jobs, in the Czech Republic, this is mainly due to new labour market entrants who failed to find a job. The analysis of flow transition rates suggests that youth labour markets with enormously high unemployment rates have not failed in all relevant respects. Their development seems to be hindered predominantly by high risk of job losses and diminishing employment prospects of the unemployed, rather than by impeded transitions from inactivity to employment. In countries with lower youth unemployment rates, unemployment policy agenda appears to be challenged by quite the opposite tendency

Keywords: Flow transition rates; Gross labour market flows; Unemployment


  • BELL, D. N. F., BLANCHFLOWER, D. G. (2011). Young People and the Great Recession. Oxford Review of Economic Policy, Vol. 27, No. 2, pp. 241-267. [Crossref] [Web of Science]

  • BELLMANN, L., ESTRIN, S., LEHMANN, H., WADSWORTH, J. (1995). The East German Labour Market in Transition: Gross Flow Estimates from Panel Data. Journal of Comparative Economics, Vol. 20, No. 2, pp. 139-170. [Crossref]

  • BLANCHARD, O. J., DIAMOND, P. (1990). The Cyclical Behavior of Gross Flows of US Workers. Brookings Papers on Economic Activity, Vol. 21, No. 2, pp. 85-156. [Crossref]

  • BURDA, M., WYPLOSZ, CH. (1994). Gross Worker and Job Flows in Europe. European Economic Review, Vol. 38, No. 6, pp. 1287-1315. [Crossref]

  • DIXON, R., FREEBAIRN, J., LIM, G. C. (2011). Net Flows in the U.S. Labor Market, 1990-2010. Monthly Labor Review (February), pp. 25-32.

  • ECB (2012). Euro Area Labour Markets and the Crisis. Structural Issues Report. Frankfurt: European Central Bank.

  • ELSBY, M. W. L, SMITH, J. C., WADSWORTH, J. (2011). The Role of Worker Flows in the Dynamics and Distribution of UK Unemployment. IZA DP No. 5784. Bonn: Institute for the Study of Labour. [Web of Science]

  • GOMES, P. (2009). Labour Market Flows: Facts from the United Kingdom. WP No. 367. London: Bank of England.

  • ILO (2013). Global Employment Trends for Youth 2013. A Generation at Risk. Geneva: International Labour Office.

  • MCGUINNESS, S., WOODEN, M. (2009). Overskiling, job insecurity and career mobility. Industrial Relations: A Journal of Economy & Society, Vol. 48, No. 2, pp. 265-86. [Web of Science] [Crossref]

  • SILVERSTONE, B., BELL, W. (2010). Labour Market Flows in New Zealand: Some Questions and Some Answers. Auckland: 51st Conference of the New ZealandAssociation of Economists, 30 June-2 July.

  • QUINTINI, G., MANFREDI, T. (2009). Going Separate Ways? School-to-Work Transitions in the United States and Europe. WP DELSA/ELSA/WD/SEM18. Paris: OECD, Directorate for Employment, Labour and Social Affairs.

About the article

Published Online: 2015-07-16

Published in Print: 2015-06-01

Citation Information: Review of Economic Perspectives, ISSN (Online) 1804-1663, DOI: https://doi.org/10.1515/revecp-2015-0016. Export Citation

© by Martina Mysíková. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License. (CC BY-NC-ND 3.0)

Comments (0)

Please log in or register to comment.
Log in