scholarly journals An Unemployment Insurance Scheme for the Euro Area? A Comparison of Different Alternatives Using Micro Data

Author(s):  
Mathias Dolls ◽  
Clemens Fuest ◽  
Dirk Neumann ◽  
Andreas Peichl
2020 ◽  
Author(s):  
Christoph Kaufmann ◽  
Maria Grazia Attinasi ◽  
Sebastian Hauptmeier

2017 ◽  
Vol 25 (1) ◽  
pp. 273-309 ◽  
Author(s):  
Mathias Dolls ◽  
Clemens Fuest ◽  
Dirk Neumann ◽  
Andreas Peichl

2019 ◽  
Vol 54 (5) ◽  
pp. 314-318 ◽  
Author(s):  
Christiaan Luigjes ◽  
Georg Fischer ◽  
Frank Vandenbroucke

Abstract The system of unemployment insurance (UI) used in the United States has often been cited as a model for Europe. The American model illustrates that it is possible to create and maintain a UI system based on federal-state co-financing that intensifies during economic crises and thus reinforces protection and stabilisation. Central requirements and conditional funding can improve the aggregate protection and stabilisation capacity of the system. However, the architecture of the US system financially incentivises states to organise retrenchment of their own efforts for UI, which in turn leads to a divergence of benefit generosity and coverage levels. During the Great Recession, the federal government mitigated these incentives for retrenchment through minimum requirements attached to federal financial intervention. With regards to the European unemployment re-insurance system debate, the US experience implies both positive and encourageing conclusions and cautionary lessons.


2014 ◽  
Vol 49 (4) ◽  
pp. 184-203 ◽  
Author(s):  
László Andor ◽  
Sebastian Dullien ◽  
H. Xavier Jara ◽  
Holly Sutherland ◽  
Daniel Gros

2005 ◽  
Vol 31 (3) ◽  
pp. 368-378
Author(s):  
Dennis R. Maki

This paper examines the effect of the unemployment insurance scheme on the duration of unemployment spells in Canada in the period 1953-1973.


2020 ◽  
pp. 151
Author(s):  
Pery Bazoti

The European Banking Union embarked as a highly ambitious project of the European Union as a response to the signifi cant fl aws and weaknesses in the original architecture of the European Monetary Union that became apparent during the economic crisis. However, the establishment of a single European banking system has stumbled upon the creation of a common deposit insurance scheme that could safeguard depositors and create a more stable fi nancial framework in the euro area. The European Deposit Insurance Scheme (EDIS) was fi rstly introduced by the European Commission in 2015. As a bold proposal that comprises wide risk mutualization among the euro area member states, it has spurred a vivid discussion in the European public speech and many proposals have been made since then altering its original planning in an effort to tackle the moral hazard concerns that have risen. The present article, after discussing the reasons that keep obstructing EDIS, presents these suggestions that move around, primarily, the role of the national deposit guarantee schemes. However, as highlighted in the article, before moving to any alterations on the structure and role of a proposed common deposit insurance scheme, signifi cant risk minimization on behalf of the national banking systems, must precede by limiting the sovereign exposures of banks and the size of the Non-Performing Loans. Such steps of risk minimization are critical for addressing concerns and the political unwillingness demonstrated by several European countries in moving forward towards deeper integration.


2003 ◽  
Vol 1 (2-3) ◽  
pp. 731-742 ◽  
Author(s):  
Jean-Bernard Chatelain ◽  
Michael Ehrmann ◽  
Andrea Generale ◽  
Jorge Martínez-Pagés ◽  
Philip Vermeulen ◽  
...  

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