With disparities in national unemployment rates reaching record levels, the debate on fiscal stabilisers in Europe has gained new momentum. Can a European unemployment insurance scheme help to absorb asymmetric shocks and bring about the desired level of macroeconomic stabilisation? What should...

Not least due to the change in overall economic conditions, the employment of foreign workers in Western Europe has in recent years become increasingly controversial. The following two articles deal with different aspects of labour migration. Heinz Werner presents a survey of policies towards...