| Author (Person) | Fattibene, Daniele |
|---|---|
| Publisher | Institute of International Affairs (IAI) |
| Series Title | IAI Working Papers |
| Series Details | No.13, May 2015 |
| Publication Date | 15/05/2015 |
| ISBN | 978-88-98650-37-8 |
| ISSN | 2280-4341 |
| Content Type | Journal | Series | Blog |
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Abstract: A European Unemployment Insurance (EUI) for the Economic and Monetary Union (EMU) would be a feasible and effective tool to cushion the impact of asymmetric shocks. It would have had a deep stabilisation effect during the last recession, stimulating aggregate demand and reducing the pressure to cut fiscal stabilisers in a pro-cyclical way (the so called "race-to-the-bottom" effect). Fiscal, institutional, legal and statistical problems can be tackled, without reducing the generosity of the scheme. If implemented the EUI would finally give a "human face" to the EU integration process, with policies that have a far-reaching impact in the everyday lives of the EU's citizens. |
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| Source Link | Link to Main Source http://www.iai.it/en/pubblicazioni/european-unemployment-insurance |
| Subject Categories | Economic and Financial Affairs, Employment and Social Affairs |
| Countries / Regions | Europe |
