While the Russian invasion of Ukraine has created a new momentum for EU defence integration, the political feasibility of such integration remains disputed, as it may entail both additional financial costs and a loss of sovereignty. Furthermore, design of defence integration is inherently...

Societies and economies are experiencing deep and intertwined structural changes that may unsettle the perceptions European citizens have of their economic and employment security. Such labour-market perceptions are likely in turn to alter people's political positions. For instance, those...

We use data breaches of U.S. firms from 2005 to 2018 to examine the association between corporate communication and the likelihood of data breaches. We find that positive tone of annual reports (10-K filings) has a significant and positive association with the odds of a data breach. We further...

Joint procurement is an important tool that is currently under-exploited at European Union level. It can greatly enhance the effectiveness of public spending in Europe, achieving greater coherence between spending across different countries, exploiting monopsony power, producing economies of...

The present special issue of Perspectives on Federalism reflects on the nature and characteristics of solidarity within a supranational context, it explains what solidarity has meant so far in the EU, how much solidarity we had during the crisis, what type of solidarity is needed and how to...

Criticism of European solidarity relies on three cornerstone arguments with mythological features. First is the “Myth of the Beggar”: it is believed that supranational solidarity is self-defeating, as it produces a moral-hazard scheme where endogenous incentives to reform (otherwise known as...

The recent European elections have shown a sharp rise in parties and independent parliament members generally perceived as “Eurosceptic”. Against this background, this paper analyses the interconnections between distressed economies, the fall of confidence in traditional political parties,...

Labour mobility in the EU is comparatively low, despite major efforts from the European Institutions to support cross-border mobility. This study evaluates the potential implications of a European Unemployment Benefits Scheme (EUBS) for labour mobility in the EU. We find that the introduction of...

Since 2011, the European Semester constitutes the main instrument for strengthening economic policy coordination between member states. Economic policy coordination is of particular importance in a monetary union deprived of a full-fledged fiscal union as a backstop for shock-smoothing capacity....

The European Unemployment Benefit Schemes (EUBS) analysed within this study are a fiscal stabilization mechanism whose primary objective is to smooth income over the business cycle. It would complement, and possibly reinforce private risk sharing mechanisms, and thus provide a potential tool to...