|Author (Person)||Claeys, Grégory, Darvas, Zsolt|
|Series Title||Bruegel Policy Briefs|
|Series Details||No. 6, September 2014|
|Publication Date||September 2014|
|Content Type||Journal | Series | Blog|
From Source URL click on 'Download the document (PDF) for free'
The issue: Unemployment in Europe has increased to high levels and economic growth has remained subdued. A debate on additional policy instruments to address the situation is therefore warranted. Fiscal stabilisation mechanisms have not provided adequate fiscal stabilisation during the crisis in some countries nor in the euro area as a whole. Different preferences and historical developments mean that national labour markets are differently organised, which sometimes hinders the efficient working of the monetary union. European Unemployment Insurance (EUI) has been proposed as a measure to contribute to fiscal policy management and improve labour markets.
|Subject Categories||Employment and Social Affairs|
|Countries / Regions||Europe|