shortcomings of most other reform designs, which fail to offer a solution for insolvent or non-cooperative euro countries. We …

We analyze different options for the design of a common unemployment insurance system for the euro area (EA). We assess …

We analyze different options for the design of a common unemployment insurance system for the euro area (EA). We assess …

shortcomings of most other reform designs, which fail to offer a solution for insolvent or non-cooperative euro countries. We …

We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …

We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …

other reform designs which do not offer a solution for insolvent or noncooperative euro countries. We suggest a design which … combines fiscal insurance with an orderly procedure to restructure the debt of an insolvent euro member. We show that fiscal …

The 2008-09 crisis has shown that some euro area member countries were unable to sufficiently stabilize their economies … stabilizing effects of two scenarios of fiscal integration in the Eurozone, namely the introduction of i) a joint tax and transfer … the current 17 euro area member states, our conceptual experiment shows that a joint tax and transfer system would only …