A European unemployment benefit scheme : how to provide for more stability in the euro zone

Bibliographic Information

A European unemployment benefit scheme : how to provide for more stability in the euro zone

Bertelsmann Stiftung (ed.) ; Sebastian Dullien

Verlag Bertelsmann Stiftung, c2014

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Includes bibliographical references (p126-133)

Description and Table of Contents

Description

The recent euro crisis and the dramatic increase of unemployment in some European countries have triggered a renewed interest in giving the EU the capability to stabilizethe economies of its member states. One of the proposed instruments is a common European unemployment insurance program. In this book, Sebastian Dullienoffers a blueprint for developing such a continent-wide program and evaluates its chances for success. Building on lessons from the administration of unemployment insurance in the United States, he outlines how a European unemployment benefit program could be constructed to provide significant stabilization to national business cycles without strongly extending social protection in Europe. The book provides a simulation of macroeconomic stabilization effects and payment flows between countriesand discusses options, potential pitfalls, and existing concerns.

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