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at explaining cross national variation in national passive labour market policies and unemployment benefit levels … recommendations from the European Council have contributed to unemployment benefit reform processes. -- Passive labour market policies …
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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 such an unemployment benefit system look like? The contributions to …
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This contribution develops a blueprint for a European fiscal union. We argue that a viable European fiscal union can be constructed without joint liability for public debt or a centralized government with a large common budget. Such a fiscal union should combine elements of market discipline...
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This contribution develops a blueprint for a European fiscal union. The proposal addresses the shortcomings of most 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...
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This paper is spelling out a compromise proposal which on the one hand would provide the stabilization sought by proponents of a EUBS, but on the other hand addresses some of the most important concerns brought forward against a EUBS. Before going into the details of such a proposal, it is...
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