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61 p, 788.1 KB On the design of a European unemployment insurance system / Ábrahám, Árpád ; Brogueira de Sousa, João ; Marimon, Ramon ; Mayr, Lukas
We assess the benefits of a potential European Unemployment Insurance System (EUIS) using a multi-country dynamic general equilibrium model with labour market frictions. Our calibration provides a novel diagnosis of the European labour markets, revealing the key parameters – in particular, job-separation and job-finding rates – that explain their different performance in terms of unemployment (or employment) and its persistence. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.

2018 (ADEMU Working Paper Series ; 106)  

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