• Table of Contents
    • Abstract
    • Keywords
    • Article
      • The traditional economic argument
      • Early proposals
      • The Maastricht framework without fiscal transfers
      • Recent proposals
        • Proposals for genuine unemployment insurance systems
        • Proposals for reinsurance systems
        • Proposals for transfer systems between national budgets
      • Stabilisation impact of different schemes
      • Other advantages and disadvantages of the proposed schemes
      • Political considerations
    • See Also
    • Bibliography
    • How to cite this article

European unemployment insurance

Sebastian Dullien
From The New Palgrave Dictionary of Economics, Online Edition, 2015
Edited by Steven N. Durlauf and Lawrence E. Blume
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‘European unemployment insurance’ is one of many proposals that aim to create a counter-cyclical automatic fiscal stabiliser for the euro area. References to such systems were made in the 1970s when the idea of a European monetary union was first developed. During the first decade following the introduction of the euro in 1999, discussions about such transfer systems were all but dead, but it has experienced a revival after the onset of the euro crisis in 2010. This article explains the background and the evolution of the idea.
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How to cite this article

Dullien, Sebastian. "European unemployment insurance." The New Palgrave Dictionary of Economics. Online Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2015. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 23 February 2018 <http://pde-test1.pde.pm.semcs.net/article?id=pde2015_E000343> doi:10.1057/9780230226203.3948

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