We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …

Drawing upon data from the largest cross-country study of labor market concentration to date, this paper analyzes the … level of concentration of labor input markets in Europe and North America and provides a comparative perspective on … employers' monopsony power. It explores the characteristics of monopsony in labor markets and documents its impact by looking at …