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Marques, P. & Hörisch, F. (2020). Understanding massive youth unemployment during the EU sovereign debt crisis: a configurational study. Comparative European Politics. 18 (2), 233-255

P. M. Marques and F. Hörisch,  "Understanding massive youth unemployment during the EU sovereign debt crisis: a configurational study", in Comparative European Politics, vol. 18, no. 2, pp. 233-255, 2020

@article{marques2020_1714725744759,
	author = "Marques, P. and Hörisch, F.",
	title = "Understanding massive youth unemployment during the EU sovereign debt crisis: a configurational study",
	journal = "Comparative European Politics",
	year = "2020",
	volume = "18",
	number = "2",
	doi = "10.1057/s41295-019-00184-3",
	pages = "233-255",
	url = "https://link.springer.com/article/10.1057%2Fs41295-019-00184-3#citeas"
}

TY  - JOUR
TI  - Understanding massive youth unemployment during the EU sovereign debt crisis: a configurational study
T2  - Comparative European Politics
VL  - 18
IS  - 2
AU  - Marques, P.
AU  - Hörisch, F.
PY  - 2020
SP  - 233-255
SN  - 1472-4790
DO  - 10.1057/s41295-019-00184-3
UR  - https://link.springer.com/article/10.1057%2Fs41295-019-00184-3#citeas
AB  - After the economic downturn of 2008, youth unemployment rose rapidly in the EU. Simultaneously,  many  countries  were  also  facing  increasing  public  deficits.  In  this context, the EU developed a set of policies to tackle youth unemployment and pub-lic debt. While policies to fight unemployment were underpinned by the concept of social  investment,  austerity  was  seen  as  the  best  way  to  reduce  public  debt.  These different  approaches  to  the  crisis  led  to  a  growing  tension  between  the  two  policy areas.  This  problem  was  particularly  visible  in  the  countries  most  affected  by  the sovereign  debt  crisis  where  youth  unemployment  remained  very  high  for  a  long period of time. Not only were countries with high public debt and low growth unable to invest sufficiently in active labour market policies (ALMPs), but also, at the same time, austerity policies depressed the economic activity. This study uses the fsQCA methodology. Our results point to the existence of one necessary condition for high youth unemployment—low expenditure on ALMPs. The analysis of sufficient con-ditions  points  to  the  existence  of  one  configuration:  the  countries  most  affected  by the  sovereign  debt  crisis  and  characterized  by  having  a  demand-led  growth  model, combined a low GDP growth with a low expenditure on ALMPs. Together, this led to high levels of youth unemployment.
ER  -