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
Englisch

Bibliographic citation
Series: IZA Policy Paper ; No. 92

Classification
Wirtschaft
Unemployment Insurance; Severance Pay; Plant Closings
Mobility, Unemployment, and Vacancies: Public Policy
Subject
European Economic and Monetary Union
European unemployment insurance
automatic stabilizers

Event
Geistige Schöpfung
(who)
Eichhorst, Werner
Wozny, Florian
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2014

Handle
Last update
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

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