Time Series Changes in Youth Joblessness

  title={Time Series Changes in Youth Joblessness},
  author={Michael Wachter and Choongsoo Kim},
This study presents a time series analysis of the youth unemployment problem stressing the cohort overcrowding effect, a result of the baby-boom induced imbalance between younger and older workers. Several techniques are used to study the problem. First, reduced form unemployment equations are estimated for the disaggregated youth groups. The results indicate that secular swings in female and white youth unemployment rates do track well with the cohort imbalance hypothesis. However, relative… CONTINUE READING