allocative efficiency and apply our results to the implicit transfers generated by a potential European unemployment benefit … consumption as well as unemployment differentials. Following supply shocks, however, the cross-country transfer embodied in the … unemployment benefits is spent to a large degree on relatively inefficiently produced goods in the receiving countries. This …

Weltwirtschaft durch die Corona-Schocks sein wird. Die Europäische Union muss – wie die USA und China – mit dem Corona-Schock mehrere …