ECONOMIC SHOCKS AND YOUTH LABOR MOBILITY:
QUANTIFYING THE IMPACT OF REGIONAL INSTABILITY ON QUALITY OF LIFE
| DOWNLOAD | DOI: 10.62897/COS2025.3-1.46 |
Inkar Mussayeva*,a
a*Széchenyi István University, Egyetem tér 1, 9026 Győr, Hungary
mussayeva.inkar@hallgato.sze.hu
Abstract: Regional instability and sudden economic shocks constitute substantial obstacles to labor market stability, particularly impacting the younger population. This paper determines the effect of such economic disruptions on youth labor mobility and its subsequent effect on the overall Quality of Life (QoL). Building on data from representative regional surveys and employing the Global Trade Analysis Project (GTAP) model, this research offers a multi-regional Computable General Equilibrium (CGE) framework to assess migration trends among individuals aged 18–30 y during periods of instability. The findings, based on GTAP simulations, illustrate a strong correlation between rising regional unemployment rates and increased youth out-migration towards more stable economic centers. Moreover, the study evaluates the decrease in disposable income and access to essential services, revealing a measurable reduction in the QoL index for the youth remaining in the region. These results offer crucial insights for policymakers aiming to develop targeted retention strategies and mitigate the long-term loss of regional human capital.
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