Brandolini, Andrea; Carta, Francesca; D'Amuri, Francesco - Banca d'Italia - 2014
on unemployment should have in order to be incentive-compatible and politically feasible. It then derives empirically the …-national transfers, mimicking those that would be generated by a notional euro-wide unemployment benefit scheme of minimal coverage and … shocks in the euro area. Based on theoretical insights, it identifies the broad characteristics that a shock absorber based …