We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …

We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …

We analyze different options for the design of a common unemployment insurance system for the euro area (EA). We assess … degree of cross-country transfers. In the baseline, we focus on a non-contingent scheme covering short-term unemployment and … find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, four …

We analyze different options for the design of a common unemployment insurance system for the euro area (EA). We assess … degree of cross-country transfers. In the baseline, we focus on a non-contingent scheme covering short-term unemployment and … find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, four …

Monetary Union (EMU) has to be compensated by an increase in fiscal policy. A joint unemployment insurance is seen as one … opportunity. After comparing a basic design with a "kicking-in" style unemployment insurance, we recommend the latter as it …

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 …

Eurozone. We discuss different alternatives how an unemployment insurance system for the euro area could be designed and run …

unemployment re-insurance scheme for the euro area. Running counterfactual simulations based on household micro data for the period … asymmetries in labor market shocks would have raised the income insurance of a typical unemployment insurance scheme in the euro …

We model a reinsurance mechanism for the national unemployment insurance programs of euro area member states. The risk …-sharing scheme we analyze is designed to smooth country-level unemployment risk and expenditures around each country's median level … of the euro area member states' unemployment expenditures risk in the aftermath of the 2009 sovereign debt crisis if …

We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …