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Euro Area unemployment insurance at the time of zero nominal interest rates

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/euro-area-unemployment-insurance-at-the-time-of-zero-nominal-interest-rates_99b92f5b-en.html
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The discussion about a fiscal stabilisation capacity as a way of providing more fiscal integration in the euro area has strengthened in the aftermath of the European sovereign debt crisis. Among the instruments that can be used for temporary macroeconomic stabilisation in the presence of both asymmetric and area-wide shocks, a euro area...
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