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Monetary solidarity in Europe : can divisive institutions become "moral opportunities"?

Schelkle, Waltraud - In: Review of social economy : the journal for the … 81 (2023) 1, pp. 84-104

Persistent link: https://www.econbiz.de/10014231574

Lessons from the American Federal-State unemployment insurance system for a European unemployment benefits system

O'Leary, Christopher J.; Barnow, Burt S. - 2016

The federal-state system of unemployment insurance (UI) in the United States was established by the Social Security Act …

Persistent link: https://www.econbiz.de/10011554136

A minimal moral hazard central stabilisation capacity for the EMU based on world trade

Beetsma, Roel; Cima, Simone; Cimadomo, Jacopo - 2018

Recent debate has focused on the introduction of a central stabilisation capacity as a completing element of the Economic and Monetary Union. Its main objective would be to contribute cushioning country-specific economic shocks, especially when national fiscal stabilisers are run down. There are...

Persistent link: https://www.econbiz.de/10011810026

Deposit insurance, moral hazard and market monitoring

Gropp, Reint; Vesala, Jukka - 2004

The paper analyses the relationship between deposit insurance, debt-holder monitoring, and risk taking. In a stylised … banking model we show that deposit insurance may reduce moral hazard, if deposit insurance credibly leaves out non … deposit insurance may serve as a commitment device to limit the safety net and permit monitoring by uninsured subordinated …

Persistent link: https://www.econbiz.de/10009636525