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Unemployment and Structural Unemployment in the Baltics

Unemployment and Structural Unemployment in the Baltics PDF Author: Mr.Christian Ebeke
Publisher: International Monetary Fund
ISBN: 1498317200
Category : Business & Economics
Languages : en
Pages : 25

Book Description
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.
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