On the Design of a European Unemployment Insurance System
Author : Árpád Ábrahám
Publisher :
Page : 0 pages
File Size : 31,88 MB
Release : 2022
Category :
ISBN :
The Design of a European Unemployment (Re)Insurance Scheme
Author : Chris Luigjes
Publisher :
Page : 35 pages
File Size : 18,82 MB
Release : 2020
Category :
ISBN :
Book Description
The American system of unemployment insurance (UI) is often cited as a model for potential European unemployment re-insurance schemes. While oversimplified comparisons are to be avoided, there are lessons Europe can learn from US federal-state relations regarding UI. We distinguish three aspects of the US system: first, in the 1930s the federal government was able to solve a collective action problem that impeded the development of state-level UI programs; second, during the 1950s Congress enacted a federal backstop for depleted state UI trust funds that are used to finance regular UI benefits; third, in the 1970s the federal government added an extra layer of UI to the state system, based on an intergovernmental co-financing of benefits which intensifies during crises and thus reinforces protection and stabilization where and when it is most needed. The second and third aspects now exercise European interest, which is about buttressing national systems with a supranational layer of insurance. The American experience shows that federal-state cooperation has overcome problems of collective action and enhanced stabilization. It proved to be of great importance in the Great Recession to effectively expand the protection of unemployed workers and to backstop state UI programs in a period of high and rising unemployment and thereby to contribute in a relevant way to the stabilization efforts of the Obama Administration. However, there are also some structural weaknesses in the American system. With a view to what might be developed in the EU, we identify two risks when an extra layer of unemployment protection is added at the supranational level. First, depending on the set-up of the system, federal-level financing of UI can lead to retrenchment of state-level efforts in terms of UI schemes and macroeconomic stabilization. Second, state-level retrenchment can lead to divergence between state UI programs. The US UI model is vulnerable to these two risks, although this may not be its main current challenge. Simultaneously, these risks - and the other problems besetting the American model - are not insurmountable. We draw both positive and cautionary lessons from the American experience. A lesson is that minimum requirements regarding generosity and coverage levels of UI programs are fundamental prerequisites for any supranational re-insurance.
A European Unemployment Benefit Scheme
Author : Bertelsmann Stiftung
Publisher : Verlag Bertelsmann Stiftung
Page : 175 pages
File Size : 38,35 MB
Release : 2014-03-01
Category : Business & Economics
ISBN : 3867936013
Book Description
The recent euro crisis and the dramatic increase of unemployment in some euro countries have triggered a renewed interest in a fiscal capacity for the European Union to stabilize the economy of its member states. One of the proposed instruments is a common European unemployment insurance. In this book Sebastian Dullien from the HTW Berlin provides and evaluates a blueprint for such a scheme. Building on lessons from the unemployment insurance in the United States of America, he outlines how a European unemployment benefit scheme could be constructed to provide significant stabilization to national business cycles, yet without strongly extending social protection in Europe. Macroeconomic stabilization effects and payment flows between countries are simulated and options, potential pitfalls and existing concerns discussed.
Drowned by Numbers? Designing an EU-wide Unemployment Insurance
Author : Florence Huart
Publisher :
Page : 0 pages
File Size : 22,96 MB
Release : 2020
Category :
ISBN :
Book Description
The severity of the recent crisis has given rise to several proposals for the creation of a European unemployment insurance system. In this paper, we first explore the theoretical backgrounds of a common insurance system. We, then, analyze the main features of an EU-wide unemployment insurance, and explore its financial and political sustainability, under different scenarios, including a “US-equivalent” one. We finally highlight key issues with regard to implementation and potential undesirable effects.
Design of a European Unemployment Benefit Scheme
Author :
Publisher :
Page : 136 pages
File Size : 40,65 MB
Release : 2017
Category :
ISBN : 9789279649721
Book Description
This report constitutes deliverable 6 of the study entitled "Feasibility and Added Value of a European Unemployment Benefits Scheme" commissioned by DG EMPL and carried out by a Consortium led by CEPS. The objective of this deliverable is to examine different possible options for the scope and design of a European Unemployment Benefits Scheme (EUBS henceforth). To this end, the report provides a thorough analysis of the 18 policy options and their main features. Two types of EUBS are distinguished throughout this report: equivalent and genuine schemes (representing 4 and 14 out of the 18 options respectively). For both types, a thorough analysis of the features of the different options is performed. This analysis draws heavily on the related literature, simulations exercises as well as other work that is being done for the project. This report is structured as follows. The second section comprises a general presentation of the 18 policy options. The section clarifies the difference between equivalent and genuine schemes and points out the key features through which both types, and the different options within these types, can be differentiated. The third section presents a comparison of the options with the schemes in other federations, inside and outside the EU. The fourth section of the report constitutes a note on the distribution of unemployment shocks in a range of countries across Europe. In the fifth section, which is the core of this report, the features of which the 18 policy options are composed (i.e. the parameters that define the different schemes) are presented. Some examples of these features are the trigger of the scheme and the eligibility criteria. In the report, a conceptual and operational definition of each feature is put forward and discussed. This involves more details on how each feature was designed and on why certain choices were made in the design process. The sixth section covers the issue of minimum requirements, accession criteria, convergence and related topics. The last section of this report consists of 18 overview tables (fiches, one for each option).
Unemployment Insurance and Non-Standard Employment
Author : Janine Leschke
Publisher : Springer Science & Business Media
Page : 256 pages
File Size : 19,80 MB
Release : 2009-02-19
Category : Social Science
ISBN : 353191197X
Book Description
The importance of non-standard employment forms has increased over the last decades. Janine Leschke addresses two important questions in this regard. First, do workers with part-time and temporary contracts face greater risks of becoming unemployed than those with regular contracts? Secondly, how far are they disadvantaged in terms of access to and level of unemployment benefits? The author compares the design of unemployment benefit systems in Denmark, Germany, Spain, and the United Kingdom. After discussing the development and role of non-standard employment in these countries, she examines the relevant features of unemployment insurance systems such as hours and earning thresholds and minimum contribution requirements. Her empirical analysis shows that non-standard workers are more likely to become unemployed or inactive and are disadvantaged in their entitlements to unemployment benefits.
A Euro Area wide Unemployment Insurance to Improve Macroeconomic Stability
Author : Christian Kitzmueller
Publisher : GRIN Verlag
Page : 94 pages
File Size : 48,26 MB
Release : 2015-01-19
Category : Business & Economics
ISBN : 3656878455
Book Description
Master's Thesis from the year 2014 in the subject Economics - Finance, grade: 1, Donau-Universität Krems (Department for Management and Economics), course: International Financial Environment, language: English, abstract: The member states of the euro area have delegated the framing of monetary policy to a European Central Bank, while fiscal policy remains in responsibility of the national governments. In a monetary union, counter-cyclical fiscal policy can deliver only limited help to minimize the loss of monetary policy for adjustment to idiosyncratic shocks. As fiscal capacity at EMU level could transfer a significant part of the cyclical aspects of fiscal policy to the su¬pranational level and help the euro area members to focus their fiscal policy on structural balances. A variety of such risk-sharing mechanisms have been suggested in the academic literature. This Master’s Thesis evaluates the concept of euro area wide unemployment insurance, in comparison with cyclical transfers between the Eurozone members based on their business cycle position. The European unemployment insurance scheme surpasses other concepts with regards to the criteria distributional neutrality and transparency, both of which are essential in order to gain support of European policymakers and voters.
Design of a European Unemployment Benefit Scheme
Author : Miroslav Beblavý
Publisher :
Page : 146 pages
File Size : 11,80 MB
Release : 2017
Category :
ISBN :
Book Description
In this extensive report, we assess how a European unemployment benefit scheme (EUBS) could be designed. To this end, we examine 18 EUBS variants, 4 equivalent and 14 genuine schemes, and their key features. Some of these features can also be found in national unemployment benefit schemes, while others are more related to the EUBS context. We analyse the design of a common EUBS in previous literature and combine these insights with results for the legal and operational options as well as constraints and the economic value added obtained as part of our study on the “Feasibility and Added Value of a European Unemployment Benefit Scheme”. All this information is integrated into a summary fiche for each of the 18 EUBS variants studied. In addition, the report deals with a range of policy issues including convergence, minimum requirements and accession criteria.
Abstract of Unemployment Insurance Legislation in European Countries
Author : Franz Huber
Publisher :
Page : 192 pages
File Size : 26,36 MB
Release : 1938
Category : Unemployment insurance
ISBN :
Book Description
European Unemployment Insurance
Author : Frank Vandenbroucke
Publisher :
Page : 8 pages
File Size : 44,33 MB
Release : 2019
Category :
ISBN :
Book Description
The European Commission has argued repeatedly that the European Monetary Union has to be completed by automatic fiscal stabilisers. To achieve this, one of the options would be the re-insurance of national unemployment benefit schemes at the Eurozone level. Are EU citizens ready to share the risk of unemployment crises? To shed light on that question, we conducted a survey in 13 Member States. Our survey takes the large diversity of EU-level risk-sharing policies that have been proposed as much as possible into account and translates it to citizens of all straits of the population in an understandable way. The core idea in all the policy variants we tested is that a new European policy would support unemployment benefits in countries that are in need, due to a significant increase in unemployment. Our results show that the specific design of policies, aiming at particular modes of risk sharing, matters for public support among citizens. The most important conclusion is that fundamental opposition to such risk sharing at the EU level is confined to a relatively small segment of the population. Rather than insurmountable polarization, we observe room for constructive democratic deliberation.
