The case for a European unemployment benefit scheme

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Series Details 19 May 2015
Publication Date 19/05/2015
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In this CEPS Commentary, Ilaria Maselli and Miroslav BeblavĂ˝ argue that the European economic governance system needs to be equipped with a supranational automatic stabiliser that would kick-in automatically in the event of an economic downturn, to avoid unduly burdening national public finances. In their view, the option of creating an unemployment benefit system for the euro area should be given serious consideration. The possible variations of such a system and their implications will be the subject of in-depth study at CEPS over the coming year.

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