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The analysis of causes of the youth unemployment (15-24 age class) in European Union in years 2000-2015
Šulai, Michal ; Czesaný, Slavoj (advisor) ; Bartůsková, Lucia (referee)
The aim of this thesis was to analyze main causes of youth unemployment in countries of European Union. In order to assess main determinants of this negative phenomenon, an econometric model based on panel data was constructed. Source dataset, containing mainly Eurostat data, covers EU-28 countries in the 2000-2014 period. Results of a regression inclined that youth unemployment is effected mainly by overall economic development. Youth unemployment is more sensitive for economic downturns than unemployment in an adult age class. The model also suggested that cuts in payroll taxes and deregulation in the minimum wage legislation could have positive effect on youth employment. Based on the literature, reforms toward more practical and effective education system with elements of dual apprenticeship, could be also a positive step in tackling youth unemployment. However, an econometric-based proof of this hypothesis was not found.

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