Dolls, Mathias; Fuest, Clemens; Neumann, Dirk; Peichl, … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed and assess their effectiveness to act as an insurance device in the presence of asymmetric macroeconomic shocks. Running counterfactual simulations based on micro data for the...