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Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes

Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes

The ILO paper Complimentarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes uses theoretical and empirical analysis to assess the effects of labour market outcomes on young people with a focus on two specific labour market institutions and their interactions: employment protection legislation and active labour market policy. More specifically, the paper examines recent policy reforms in Italy focusing on the impact of the 2012 Fornero reforms of employment protection legislation as well as the initial impact of the EU-wide Youth Guarantee scheme introduced in Italy in March 2014. The paper also examines how these two policy reforms interacted.