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stabilizers in Eastern and Southern Europe are much lower than in Central and Northern European countries. We also investigate …
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Following the report of the Stiglitz Commission, measuring and comparing well-being across countries has gained renewed interest. Yet, analyses that go beyond income and incorporate non-market dimensions of welfare most often rely on the assumption of identical preferences to avoid the...
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; Europe ; US …
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This paper analyzes the effectiveness of social protection systems in Europe and the US to provide (income) insurance … income shock and 47% of an idiosyncratic unemployment shock in Europe, compared to 32% and 34% in the US. There is large … heterogeneity within Europe with stabilization being much lower in Eastern and Southern than in Central and Northern Europe. Our …
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; Europe ; US …
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lessons have been learned that may guide future policy. We focus on Europe and USA, but introduce evidence from other …
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