Udalosti

22.06.2015
An Unemployment Insurance Scheme for the Euro Area? A Comparison of Different Alternatives using Micro Data

Prednášajúci: Matthias Dolls (Centre for European Economic Research, ZEW)

Miesto a čas konania:  kongresová sála NBS; 11:00 – 13:00 hod.

Abstrakt:
The authors, Mathias Dolls, Clemens Fuest, Dirk Neumann, and Andreas Peichl, analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed and assess their effectiveness to act as an insurance device in the presence of asymmetric macroeconomic shocks. Running counterfactual simulations based on micro data for the period 2000-13, the authors highlight and quantify the trade-off between automatic stabilization effects and the degree of cross-country transfers. In the baseline, they focus on a non-contingent scheme covering short-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 member states of the EA18 would have been either a permanent net contributor or net recipient. The results suggest that claw-back mechanisms and contingent benefits could limit the degree of cross-country redistribution, but might reduce desired insurance effects. The authors also discuss moral hazard issues at the level of individuals, the administration and economic policy.

Sprievodný dokument:
An Unemployment Insurance Scheme for the Euro Area? A Comparison of Different Alternatives using Micro Data

O prednášajúcom:
Mathias Dolls,
ZEW

Mathias Dolls joined ZEW in May 2013 and is Senior Researcher in the Research Group "International Distribution and Redistribution". He previously worked as Research Associate at the Institute for the Study of Labor (IZA) in Bonn, Germany, where he is now Research Fellow. He studied Economics at the Stockholm School of Economics and the University of Cologne and received his PhD from the University of Cologne in 2012, being a fellow of the Cologne Graduate School in Management, Economics and Social Sciences.

Here is a link to his CV.
Here is a link to his Ideas Repec page.
 



Galéria: MaFiA - Mathias Dolls (ZEW) (22.06.2015)