欧洲经济政策研究所：2019年欧元区的失业再保险计划？稳定和再分配效应报告（英文版）

This paper develops a decomposition framework to study the importance of different stabilization channels of an unemployment re-insurance scheme for the euro area. The paper provides insights on the potential added value of a re-insurance scheme which crucially hinges on its ability to provide interregional smoothing. Running counterfactual simulations based on household micro data for the period 2000–16, the paper finds that on average 15–25 per cent of the income losses originating from ris