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 …

find that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … Technological Change theory. While there exists heterogeneity across countries, only very few countries show a decline in employment … pace of technology diffusion and education, but also to the level of product market regulation (competition) and employment …