Cost of Non-Europe of the Absence of an Unemployment Insurance Scheme for the Euro Area

Cost of Non-Europe of the Absence of an Unemployment Insurance Scheme for the Euro Area

Client/Allowance

European Parliament

Period: 01.10.2013 – 31.03.2014

From the perspective of optimal currency areas, a monetary union such as the euro area which is characterized by low labor mobility needs fiscal institutions which may have stabilizing effects in the case of asymmetric macroeconomic shocks. In this project potential costs and benefits of a euro area unemployment insurance system will be examined. The empirical analysis will be conducted with EUROMOD, a tax-benefit microsimulation model for the European Union, which allows for a micro-founded ex-ante evaluation.

Project members

Mathias Dolls

Mathias Dolls

Project Coordinator
Research Associate

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Andreas Peichl

Andreas Peichl

Research Associate

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Clemens Fuest

Clemens Fuest

President of ZEW

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Dirk Neumann

Dirk Neumann

Research Associate

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Client/Allowance
European Parliament, Strasbourg, FR
Cooperation partner