Abstract
‘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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Dullien, S. (2018). European Unemployment Insurance. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_3006
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DOI: https://doi.org/10.1057/978-1-349-95189-5_3006
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