@article{article_687454, title={Youth Unemployment and Energy Consumption in OECD Countries}, journal={Gençlik Araştırmaları Dergisi}, volume={8}, pages={20–35}, year={2020}, author={Satrovic, Elma}, keywords={Causal link, Energy consumption, OECD countries, Panel VAR, Youth unemployment}, abstract={<p>Youth unemployment is considered a socio-economic problem with serious consequences. It can <br />increase criminal activity among youth. Apart from this, current youth unemployment may cause <br />a serious loss of the income in the future. Therefore, a potential link between energy consumption <br />and youth unemployment is explored in this research. Annual panel data have been collected for 34 <br />OECD countries between 1991 and 2015. This paper employed a panel VAR approach. The empirical <br />findings indicate that youth unemployment responds negatively to energy consumption. These results <br />were confirmed using the Granger causality test, which revealed a unidirectional causal link running <br />from energy consumption to youth unemployment. This is why necessary efforts need to be made to <br />increase youth employment. A negative impact reported in this research gives important insights for <br />key policy makers. The concluding remarks of this paper discuss policy recommendations in detail <br />and offer insight for future research. </p>}, number={20}, publisher={Gençlik ve Spor Bakanlığı}