This paper describes our new dataset on conditionality requirements for unemployment benefit claimants. Even though the …

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 …

increasing unemployment. A key question is which policies have this effect. Using a 3-year panel of 90 countries, the study finds … that the unemployment rate is affected by the existence, duration, and replacement rate of unemployment insurance. Hiring … unemployment. These results are broadly in line with the extensive literature on countries of the Organisation for Economic Co …

allocative efficiency and apply our results to a potential European unemployment benefit scheme (EUBS). Specifically, we first … EUBS brings about. We find that a EUBS can provide risk sharing by stabilizing relative consumption as well as unemployment …. Following supply shocks, however, the cross-country transfer embodied in the unemployment benefits is spent to a large degree on …