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The Stabilisation Properties of a European Unemployment Benefit Scheme

Gros, Daniel, (2016), “The Stabilisation Properties of a European Unemployment Benefit Scheme”, CEPS, 14 September

The (macro-economic) stabilisation properties of a potential European Unemployment Benefit Scheme (EUBS) are the focus of this commentary by Daniel Gros. He notes that any such scheme would involve many other aspects, both political and economic, but it could be argued that a EUBS, especially one that pays benefits directly to individuals, would constitute a powerful illustration of the benefits of ‘Europe’. It might also be argued that the creation of a EUBS could foster the upward convergence of unemployment systems (although this is not the subject of this paper).

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