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Unemployment and Structural Unemployment in the Baltics

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Preprint 01 Aug 2014 English Publisher:International Monetary Fund (IMF)Journal:IMF Working Papers, volume 2,014, page 1 (issn: 1018-5941,

Authors: Christian H Ebeke; Greetje Everaert;

doi: 10.5089/9781498317207.001

Unemployment and Structural Unemployment in the Baltics

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Abstract

While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countries and analyzes its causes. Our main findings are that the current still elevated levels of unemployment mostly reflect structural factors. We then turn to why structural unemployment is so high. This paper points to skill mismatches, high tax wedges, and unemployment and inactivity traps as potential causes.

Related Organizations

International Monetary Fund
United States

Keywords

Models, Duration, Incidence, and Job Search, Public Policy, [Baltics;Estonia;Latvia;Lithuania;Unemployment;Structural Unemployment, unemployment rate, nairu, beveridge, Unemployment]

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	8
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average