Arbeitspapier
A joint unemployment insurance for the European Economic and Monetary Union?
More and more policy makers tend to declare that the loss of exchange rate adjustments within the European Economic and 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 captures the main motivation of such a transnational transfer mechanism, combating credit market constraints.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Policy Paper ; No. 92
- Classification
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Wirtschaft
Unemployment Insurance; Severance Pay; Plant Closings
Mobility, Unemployment, and Vacancies: Public Policy
- Subject
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European Economic and Monetary Union
European unemployment insurance
automatic stabilizers
- Event
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Geistige Schöpfung
- (who)
-
Eichhorst, Werner
Wozny, Florian
- Event
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Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
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Bonn
- (when)
-
2014
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Eichhorst, Werner
- Wozny, Florian
- Institute for the Study of Labor (IZA)
Time of origin
- 2014