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 …

The idea of a common unemployment benefit system for the European Monetary Union (EMU) has provoked increasing interest … introduction of an EMU unemployment insurance (EMU-UI) scheme, for a selected number of countries of the Monetary Union. Our …

The aim of this paper is to explore the potential of an EMU unemployment insurance scheme (EMU-UI) to improve the … income protection available to individuals and their families in case of unemployment. Our analysis uses an illustrative EMU … gaps in national unemployment insurance schemes are assessed. We make use of EUROMOD, the EU-wide tax …

In this paper we explore the potential of a new unemployment insurance benefit at EMU level to improve the income … stringent eligibility conditions, to increase generosity where current unemployment benefits are low relative to earnings and to … national unemployment insurance schemes and differences in labour force characteristics across countries, mainly in the …