Publication
1 Oct 2014
This commentary makes a proposal for an EU mechanism which would absorb potential fiscal shocks to the eurozone. One way to create such a mechanism, argue the authors, would be to provide reinsurance for national unemployment insurance systems. In such a scheme national systems would pay regular premiums to a central eurozone fund which would then support the national system in countries where the unemployment rate has increased suddenly above a certain threshold.
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English (PDF, 2 pages, 176 KB) |
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Author | Miroslav Beblavý, Ilaria Maselli |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2014 Centre for European Policy Studies (CEPS) |