Unemployment And Structural Unemployment In The Baltics

Download or read book Unemployment and Structural Unemployment in the Baltics written by Mr.Christian Ebeke and published by International Monetary Fund. This book was released on 2014-08-19 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.