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Content
2024
- 42379 Implementing the EU digital battery passport: Opportunities and challenges for battery circularity
by Rizos, Vasileios & Urban, Patricia
- 42220 A ‘good jobs compass’ for the EU’s internal market: Creating its human face for the mid-21st century
by Kirton-Darling, Judith & Denis, Benjamin
- 42127 Is CMDI what the Banking Union needs?
by Arnal, Judith & Lannoo, Karel & Lastra, Rosa
- 42064 Empowering the single market: A 10-point plan to revive and deepen it
by Pelkmans, Jacques
- 42024 A policy framework for boosting the demand for green steel in the automotive industry
by Urban, Patricia & Nipius, Luca & Egenhofer, Christian
- 41929 Reducing supply risks for critical raw materials: Evidence and policy options
by Righetti, Edoardo & Rizos, Vasileios
2023
- 41629 Quantum Technologies and Cybersecurity: Technology, governance and policy challenges
by Pupillo, Lorenzo & Ferreira, Afonso & Lipiainen, Valtteri & Polito, Carolina
- 41185 A digital euro beyond impulse: Think twice, act once
by Thomadakis, Apostolos & Lannoo, Karel & Shamsfakhr, Farzaneh
- 40760 EU Corporate taxation in the digital era: The road to a new international order
by Thomadakis, Apostolos
- 40726 Jobs for the green transition: Definitions, classifications and emerging trends
by Urban, Patricia & Rizos, Vasileios & Ounnas, Alexandre & Kassab, Amin & Kalantaryan, Hayk
- 40124 Chemical recycling of plastics: Technologies, trends and policy implications
by Rizos, Vasileios & Urban, Patricia & Righetti, Edoardo & Kassab, Amin
- 39494 The EU-Africa partnership and development aid: Assessing the EU’s actorness and effectiveness in development policy
by Ayadi, Rym & Ronco, Sara
- 39487 Rising to the challenge: EU actorness in climate policy and its global impact
by Teebken, Julia & Jacob, Klaus
- 39479 Driving progress forward: EU actorness on the Sustainable Development Goals
by Renda, Andrea & Del Giovane, Chiara & Laurer, Moritz & Modzelewska, Ada & Sipiczki, Agnes & Yeung, Timothy & Arroyo, Jane & Nguyen, Hieu
- 39052 Alternative Futures of EU Integration after the Covid-19 pandemic
by Renda, Andrea & Rosa, Aaron & Laurer, Moritz & Roess, Andrea & Sipiczki, Agnes & Warnke, Philine
- 39023 Policing Search and Rescue NGOs in the Mediterranean: Does justice end at sea?
by Carrera, Sergio & Colombi, Davide & Cortinovis, Roberto
- 38812 Broader, smarter, fairer: A more ambitious agenda for global health
by Renda, Andrea & Del Giovane, Chiara & Perarnaud, Clément & Nguyen, Hieu
- 38658 Job retention schemes between the Great Recession and the COVID-19 crises: Does the institutional design affect the take up? An EU-27 cross-country comparison
by Corti, Francesco & Ounnas, Alexandre & Ruiz de la Ossa, Tomás
- 38637 Improving the mission, governance and operations of the EU HERA
by Renda, Andrea & Del Giovane, Chiara & Iacob, Nadina & Nguyen, Hieu
2022
- 38936 The rise of mega-regions: Eurasia, the Indo-Pacific, and the transatlantic alliance in a reshaped world order
by Paikin, Zachary & Toygür, Ilke & Quencez, Martin & Nagy, Stephen R.
- 38613 Developing a supply chain for recycled rare earth permanent magnets in the EU: Challenges and opportunities
by Rizos, Vasileios & Righetti, Edoardo & Kassab, Amin
- 38567 Exploring cost-effective support mechanisms for hydrogen mobility infrastructure
by Righetti, Edoardo & Egenhofer, Christian
- 38356 Time to re-energise the EU’s capital markets: Building investable and competitive ecosystems
by Thomadakis, Apostolos & Lannoo, Karel & Moloney, Niamh
- 37792 Towards a principled level playing field for an open and secure online environment: Regulation, enforcement and oversight of online content moderation in the EU and the United Kingdom
by Carrera, Sergio & Mitsilegas, Valsamis & Stefan, Marco & Vavoula, Niovi
- 37654 Reconciling the AI Value Chain with the EU’s Artificial Intelligence Act
by Engler, Alex & Renda, Andrea
- 37468 The AI Act and emerging EU digital acquis - Overlaps, gaps and inconsistencies
by Bogucki, Artur & Engler, Alex & Perarnaud, Clément & Renda, Andrea
- 37452 A matter of choice or a matter of fact - Household savings and consumption during the COVID-19 pandemic in selected EU countries
by Alcidi, Cinzia & Shamsfakhr, Farzaneh
- 37300 Why gas price caps and consumer subsidies are both extremely costly and ultimately futile
by Gros, Daniel
- 37110 Did the COVID-19 pandemic impact income distribution?
by Astarita, Caterina & Alcidi, Cinzia
- 37075 How can the ECB deal with the risk of fragmentation?
by Angeloni, Ignazio & Gros, Daniel
- 36861 Think basins, not borders - Offshore wind for the wider Black Sea
by Kustova, Irina & Egenhofer, Christian & Righetti, Edoardo
- 36574 A qualified treatment for green and social investments within a revised EU fiscal framework
by Corti, Francesco & Alcidi, Cinzia & Gros, Daniel & Liscai, Alessandro & Shamsfakhr, Farzaneh
- 36180 Low-carbon technologies and Russian imports: How far can recycling reduce the EU's raw materials dependency?
by Rizos, Vasileios & Righetti, Edoardo
- 36148 Where the (euro) buck stops: Facing the next big crisis with a better EU budget
by Nunez Ferrer, Jorge
- 36111 A critical look at the ESG market
by Sipiczki, Agnes
- 36074 A pillar of stability in an unstable world: Strengthening EU-Japan security cooperation in the Indo-Pacific
by Benaglia, Stefania & Macchiarini Crosson, Dylan
- 36032 The EU’s Strategic Compass: A guide to reverse strategic shrinkage?
by Blockmans, Steven & Macchiarini Crosson, Dylan
- 36018 Fiscal rules and the macroeconomic constraint
by Brender, Anton & Pisani, Florence
- 36006 Optimal tariff versus optimal sanction: The case of European gas imports from Russia
by Gros, Daniel
- 35998 From carbon pricing to climate clubs: How to support global climate policy coordination towards climate neutrality
by Elkerbout, Milan & Bryhn, Julie & Righetti, Edoardo & Chapman, Francesca
- 35899 Sanction-proof or sanction-hit: How can the EU make Putin’s evil war even more costly
by Akhvlediani, Tinatin & De Groen, Willem Pieter
- 35879 Comparing and assessing recovery and resilience plans – Second edition
by Corti, Francesco & Núñez Ferrer, Jorge & Ruiz de la Ossa, Tomás & Liscai, Alessandro
- 35831 Carbon removals on the road to net zero: Exploring EU policy options for negative emissions
by Elkerbout, Milan & Bryhn, Julie
- 35815 When the taps are turned off: How to get Europe through the next winter without Russian gas
by Gros, Daniel
- 35738 Can the Pay Transparency Directive close the gender pay gap?
by Alcidi, Cinzia & Ounnas, Alexandre
- 35693 The EU Data Act: Towards a new European data revolution?
by Perarnaud, Clément & Fanni, Rosanna
- 35667 Future-proofing pandemics: Analysing the EU’s proposal to clarify and simplify the compulsory licensing procedure
by Hu, Weinian
- 35459 The EU is homing in on dirty money
by Lannoo, Karel
- 35443 Managing sovereign debts held by the ESCB: Operational and legal constraints
by Micossi, Stefano
- 35406 Why the Ukraine crisis should push the UK and EU into a tighter embrace on security policy
by Blockmans, Steven
- 35125 A (E)U-turn from Nord Stream 2 towards a European Strategic Gas Reserve
by Gros, Daniel
- 35091 Reviving the WTO and rules-based trading: The EU’s role
by Schaus, Malorie
- 35063 Can ETS free allocation be used as innovation aid to transform industry?
by Elkerbout, Milan
- 34969 The Recovery and Resilience Facility: A springboard for a renaissance of public investments in Europe?
by Corti, Francesco & Gros, Daniel & Ruiz de la Ossa, Tomás & Liscai, Alessandro & Kiss-Gálfalvi, Tamás & Gstrein, David & Herold, Elena & Dolls, Mathias
2021
- 34908 Lithuania, China and EU lawfare to counter economic coercion
by Blockmans, Steven
- 34802 The EU’s economic governance review: Road-testing alternative fiscal rules?
by Barnes, Sebastian & Oliinyk, Inna
- 34788 How to refine the contributions to the Single Resolution Fund? Proposal for an alternative methodology
by De Groen, Willem Pieter & Oliinyk, Inna
- 34767 Is renewable hydrogen a silver bullet for decarbonisation? A critical analysis of hydrogen pathways in the EU
by Catuti, Mihnea & Righetti, Edoardo & Egenhofer, Christian & Kustova, Irina
- 33011 Steering and Monitoring the Recovery and Resilience Plans: Reading between the lines
by Corti, Francesco & Núñez Ferrer, Jorge
- 32985 Labour market responses to the Covid-19 crisis in the United States and Europe
by Gros, Daniel & Ounnas, Alexandre
- 32801 From coal to low carbon: Coal region development opportunities under EU Recovery programmes
by Kustova, Irina & Egenhofer, Christian & Núñez Ferrer, Jorge & Popov, Julian
- 32752 The power surplus: Brussels calling, legal empathy and the trade-regulation nexus
by Garcia Bercero, Ignacio & Nicolaïdis, Kalypso
- 32673 On selling sovereigns held by the ECB to the ESM: Institutional and economic policy implications
by Avgouleas, Emilios & Micossi, Stefano
- 32463 Avoiding the Main Risks in the Recovery Plans of Member States
by Núñez Ferrer, Jorge
2020
- 27036 Protecting employment in the time of coronavirus - What is the EU’s €100 billion going to buy?
by Beblavy, Miroslav
- 26988 Dinner for three - EU, China and the US around the geographical indications table
by Hu, Weinian
- 26976 Europe’s debate on fiscal policy - Too much yet too little
by Messori, Marcello
- 26869 The European Green Deal after Corona - Implications for EU climate policy
by Elkerbout, Milan & Egenhofer, Christian & Núñez Ferrer, Jorge & Catuti, Mihnea & Kustova, Irina & Rizos, Vasileios
- 26752 Chronicle of a Pandemic Foretold
by Renda, Andrea & J. Castro, Rosa
- 26698 Public Procurement - How open is the European Union to US firms and beyond?
by Cernat, Lucian & Kutlina-Dimitrova, Zornitsa
- 26688 Overcoming the gridlock in EMU decision-making
by Micossi, Stefano & Peirce, Fabrizia
- 26658 IoT 4 SDGs - What can the Digital Transformation and IoT achieve for Agenda 2030?
by Renda, Andrea & Laurer, Moritz
- 26492 Towards a new MFF - New priorities and their impact on Italy
by Gros, Daniel & Barci, Giovanni & Núñez Ferrer, Jorge
- 26352 First-mover disadvantage - The sovereign ratings mousetrap
by Kraemer, Moritz & Klusak, Patrycja & Vu, Huong
- 26204 Artificial Intelligence and Cybersecurity - Task Force Evaluation of the HLEG Trustworthy AI Assessment List (Pilot Version)
by Pupillo, Lorenzo & Ferreira, Afonso & Fantin, Stefano
2019
- 25974 Comparative policy recommendations on improving social dialogue articulation and effectiveness in Europe
by Akgüç, Mehtap & Baiocco, Sara
- 25900 Social Dialogue Articulation and Effectiveness - Country Report for France
by Akgüç, Mehtap & Jacquot, Manon & Lopez-Uroz, Nina
- 25815 Feasibility Study: Introducing “One-In-One-Out” in the European Commission - Final Report for the German Ministry for Economic Affairs and Energy
by Renda, Andrea & Laurer, Moritz & Modzelewska, Ada & Zarra, Antonella
- 25701 Digitising Agrifood: Pathways and Challenges
by Renda, Andrea & Reynolds, Nicole & Laurer, Moritz & Cohen, Gal
- 25657 Policies for an Ageing Workforce: Work-life balance, working conditions and equal opportunities
by Barslund, Mikkel (ed.)
- 25627 China as a WTO developing member, is it a problem?
by Hu, Weinian
- 25584 Circular economy for climate neutrality: Setting the priorities for the EU
by Rizos, Vasileios & Egenhofer, Christian & Elkerbout, Milan
- 25419 Index of Readiness for Digital Lifelong Learning - Changing How Europeans Upgrade Their Skills
by Beblavy, Miroslav & Baiocco, Sara & Kilhoffer, Zachary & Akgüç, Mehtap & Jacquot, Manon
- 25368 Social Dialogue Articulation and Effectiveness - Country Report for Ireland
by Akgüç, Mehtap & Westhoff, Leonie
- 25211 Stakeholders’ views on and experiences with the articulation of social dialogue and its effectiveness
by Akgüç, Mehtap & Martišková, Monika & Szüdi, Gábor & Nordlund, Carl
- 25090 Overhauling corporate taxation in the digital economy
by Carpentieri, Loredana & Micossi, Stefano & Parascandolo, Paola
- 25044 The single market remains the decisive power of the EU
by Pelkmans, Jacques
- 24771 Labour Market and Social Policy
by Akgüç, Mehtap & Baiocco, Sara & Beblavy, Miroslav & Kilhoffer, Zachary
- 24541 Just a little Brexit? ‘Alternative (customs) arrangements’ and the Withdrawal Agreement
by Pelkmans, Jacques
2018
- 13508 Stakeholders’ Views on the Ecodesign Directive
by Egenhofer, Christian & Drabik, Eleanor & Alessi, Monica & Rizos, Vasileios
- 13472 How safe is a safe asset?
by De Grauwe, Paul & Ji, Yuemei
- 13471 The Internet and Jobs: Opportunities and ambiguous trends
by Pupillo, Lorenzo & Noam, Eli & Waverman, Leonard
- 13468 Value Chains based on Mineral Raw Materials: Challenges for European Policy and Industry
by Faure-Schuyer, Aurélie & Egenhofer, Christian & Elkerbout, Milan
- 13456 EU Cybersecurity and the Paradox of Progress
by Pupillo, Lorenzo
- 13438 Counterproductive Proposals on Euro Area Reform by French and German Economists
by Messori, Marcello & Micossi, Stefano
- 13373 Suspended in legal limbo: Protecting investment in renewable energy in the EU
by Alessi, Monica & Núñez Ferrer,Jorge & Egenhofer, Christian
- 13361 Ethics, algorithms and self-driving cars – a CSI of the ‘trolley problem’
by Renda, Andrea
- 13342 Blame it on my youth! Policy recommendations for re-evaluating and reducing youth unemployment
by Kilhoffer, Zachary & Beblavý, Miroslav & Lenaerts, Karolien
2017
- 13334 Oil price shocks, monetary policy and current account imbalances within a currency union
by Baas, Timo & Belke, Ansgar
- 13331 The Interplay between the Circular Economy and the European Semester: An assessment
by Behrens, Arno & Rizos, Vasileios
- 13325 Nord Stream 2 – Friend or enemy of energy security in Europe?
by Barnes, Alex
- 13292 How to strengthen the European Semester?
by Alcidi, Cinzia & Gros, Daniel
- 13285 Is security of energy supply possible without deeper cross-border market integration? Lessons from the cold spell in South-Eastern Europe
by Egenhofer, Christian & Stroia, Cristian
- 13274 Transforming Energy-Intensive Industries: Reflections on innovation, investment and finance challenges
by Elkerbout, Milan
- 13267 A European Monetary Fund: Why and how?
by Gros, Daniel & Mayer, Thomas
- 13227 Raising the bar? Thoughts on the establishment of the European Public Prosecutor’s Office
by Mitsilegas, Valsamis & Giuffrida, Fabio
- 13226 Banks as buyers of last resort for government bonds?
by Gros, Daniel
- 13212 A Blueprint for Completing the Banking Union
by Micossi, Stefano
- 13209 Target imbalances at record levels: Should we worry?
by Gros, Daniel
- 13194 Digital Infrastructure: Overcoming the digital divide in China and the European Union
by Ben, Shenglin & Bosc, Romain & Jiao, Jinpu & Li, Wenwei & Simonelli, Felice & Zhang, Ruidong
- 13135 The Internet and Jobs: A giant opportunity for Europe
by Echikson, William
- 13117 Posted workers – for some it matters
by Barslund, Mikkel & Busse, Matthias & De Wispelaere, Frederic
- 13093 Improving the Market for Flexibility in the Electricity Sector
by de Jong, Jacques & Hassel, Arndt & Egenhofer, Christian & Jansen, Jaap & Xu, Zheng
- 13047 The Single Monetary Policy and Its Decentralised Implementation: An assessment
by Gros, Daniel
- 13039 CESEC 2.0: Opening the door to a new level of regional cooperation
by Egenhofer, Christian & Stroia, Cristian
- 12963 Hamilton’s Paradox Revisited: Alternative lessons from US history
by Schelkle, Waltraud
- 12908 US Sanctions: No conflict, no Nordstream threat – An opportunity for greater EU-US cooperation
by Riley, Alan
- 12881 The Platform Economy and Industrial Relations: Applying the old framework to the new reality
by Kilhoffer, Zachary & Lenaerts, Karolien & Beblavý, Miroslav
- 12773 Government Responses to the Platform Economy: Where do we stand?
by Lenaerts, Karolien & Kilhoffer, Zachary
- 12771 The Great Recession’s Biggest Losers: The euro area’s jobless
by Kilhoffer, Zachary & Beblavý, Miroslav
- 12756 Transparency and Oversight of the Council’s Budget: Council executive powers
by Benedetto, Giacomo & Rinaldi, David & Aden, Hartmut
- 12749 EU Diplomacy and the Iran Nuclear Deal: Staying power?
by Blockmans, Steven & Viaud, Astrid
- 12745 Revisiting Sanctions on Russia and Counter-Sanctions on the EU: The economic impact three years later
by Gros, Daniel & Di Salvo, Mattia
- 12740 Introducing EU Reduction Targets on Regulatory Costs: A Feasibility Study
by Renda, Andrea
- 12734 The Transatlantic Dispute over Visas: The need for EU action in the face of US non-reciprocity, moving targets and the harvesting of EU citizens’ data
by Stefan, Marco
- 12733 Uneven progress in implementing cross-border bank resolution in the EU
by Lannoo, Karel
- 12714 Does the EU renewable energy sector still need a guarantees of origin market?
by Jansen, Jaap
- 12697 Improving Cooperation among EU Member States in Handling Electricity Crises: Lessons for the Regulation on risk-preparedness
by Hassel, Arndt & Stroia, Cristian & Egenhofer, Christian & Jansen, Jaap & Behrens, Arno
- 12687 Programming Brexit: How will the UK’s IT sector fare?
by Barslund, Mikkel
- 12684 Unemployment Insurance in America: A model for Europe?
by Lenaerts, Karolien & Paquier, Félix & Simonetta, Suzanne
- 12666 The EU ETS price may continue to be low for the foreseeable future – Should we care?
by Elkerbout, Milan & Egenhofer, Christian
- 12661 Implications of the Expanding Use of Cash for Monetary Policy
by Gros, Daniel
- 12652 Tightening by Stealth: Why keeping the balance sheet of the Federal Reserve constant is equivalent to a gradual exit
by Gros, Daniel
- 12598 Could the decrease in Belgian government debt-servicing costs offset increased age-related expenditure?
by Barslund, Mikkel & Ludolph, Lars
- 12595 Fiscal Risk Sharing and Resilience to Shocks: Lessons for the euro area from the US
by Alcidi, Cinzia & Thirion, Gilles
- 12585 China-EU Leadership in Globalisation: Ambition and capacity
by Hu, Weinian & Pelkmans, Jacques
- 12584 Transatlantic Divergences in Globalisation and the China Factor
by Metivier, Jeanne & Di Salvo, Mattia & Pelkmans, Jacques
- 12570 The Court’s Opinion on the EU-Singapore FTA: Throwing off the shackles of mixity?
by Van der Loo, Guillaume
- 12557 Greece and the Troika – Lessons from international best practice cases of successful price (and wage) adjustment
by Belke, Ansgar & Gros, Daniel
- 12514 Risk-sharing and Consumption-smoothing Patterns in the US and the Euro Area: A comprehensive comparison
by Alcidi, Cinzia & D’Imperio, Paolo & Thirion, Gilles
- 12503 Banks and Environmental Sustainability: Some reflections from the perspective of financial stability
by J. Nieto, María
- 12440 The Circular Economy: A review of definitions, processes and impacts
by Rizos, Vasileios & Tuokko, Katja & Behrens, Arno
- 12433 The European Fund for Strategic Investments as a New Type of Budgetary Instrument
by Rinaldi, David & Núñez Ferrer, Jorge
- 12373 The Instruments providing Macro-Financial Support to EU Member States
by Alcidi, Cinzia & Gros, Daniel & Rinaldi, David & Núñez Ferrer, Jorge
- 12334 How can Sustainable Development Goals be ‘mainstreamed’ in the EU’s Better Regulation Agenda?
by Renda, Andrea
- 12332 Channelling Progress in Central and South East European Energy Market Integration
by Egenhofer, Christian & Stroia, Christian & Popov, Julian
- 12268 Unleashing Innovation and Entrepreneurship in Europe: People, Places and Policies
by Leceta, José Manuel & Renda, Andrea & Könnölä, Totti & Simonelli, Felice
- 12265 The Future of Retail Financial Services: What policy mix for a balanced digital transformation?
by Bouyon, Sylvain
- 12263 Design of a European Unemployment Benefit Scheme
by Beblavý, Miroslav & Lenaerts, Karolien & Maselli, Ilaria
- 12262 Gender Inequality and Integration of Non-EU Migrants in the EU
by Barslund, Mikkel & Di Bartolomeo, Anna & Ludolph, Lars
- 12245 One Market, One Money – A Mistaken Argument (post factum)?
by Gros, Daniel
- 12244 Fulfilment of National Objectives under the Renewable Energy Directive: State of play and projections
by Hassel, Arndt & Nicolescu, Razvan & Egenhofer, Christian & Nica, Andreea & Elisei, Sorin
- 12230 Feasibility and Added Value of a European Unemployment Benefits Scheme
by Beblavý, Miroslav & Lenaerts, Karolien
- 12187 A European Unemployment Benefits Scheme: Lessons from Canada
by E. Wood, Donna
- 12173 Towards More Resilient Economies: The role of well-functioning economic structures
by Sondermann, David
- 12160 European Fiscal Union: Economic rationale and design challenges
by Thirion, Gilles
2016
- 12109 Measuring fiscal spillovers in EMU and beyond: A Global VAR approach
by Belke, Ansgar & Osowski, Thomas
- 12107 A radical cure for Italy’s banking problems: A combination of good banks and soft bail-in
by Gros, Daniel & de Groen, Willem Pieter
- 12055 Demand for Digital Skills in the US Labour Market: The IT Skills Pyramid
by Beblavý, Miroslav & Fabo, Brian & Lenaerts, Karolien
- 12033 Can Germany save Italy?
by Gros, Daniel
- 12024 Harmonising Insolvency Laws in the Euro Area: Rationale, stocktaking and challenges
by Valiante, Diego
- 12021 Policy Uncertainty and International Financial Markets: The case of Brexit
by Belke, Ansgar & Dubova, Irina & Osowski, Thomas
- 11999 The Multiannual Financial Framework post-2020: Balancing political ambition and realism
by Núñez Ferrer, Jorge
- 11979 Reforming the EU’s Budget Revenue: The case for a visible VAT-based resource
by Cipriani, Gabriele
- 11942 How far should we push globalisation?
by Grauwe, Paul De
- 11922 The Brexit Negotiations: An Italian Perspective
by Micossi, Stefano & Perissich, Riccardo
- 11919 Thirty Years of the Single European Market
by Micossi, Stefano
- 11907 How to deal with the Resolution of Financial Market Infrastructures
by Huertas, Thomas
- 11894 The Globalisation Litany
by Gros, Daniel
- 11877 Ultra-low or Negative Yields on Euro-Area Long-term Bonds: Causes and Implications for Monetary Policy
by Gros, Daniel
- 11876 EU Financial Market Access after Brexit
by Karel Lannoo
- 11875 Assessing the Euro Area’s Shock-Absorption Capacity - Risk sharing, consumption smoothing and fiscal policyAbstract: Based on a combination of quantitative analysis and a qualitative forward-looking approach, this paper assesses both the state of play and the future capacity of the EMU to respond and adapt to asymmetric shocks. The objective is to provide a basis upon which to gauge the potential value added of a European Unemployment Benefit Scheme (EUBS), against the background of the recent plans for the Banking Union, the Capital Markets Union and the reform of the fiscal governance framework. We find that the capacity of the system to deal with asymmetric shocks (and in principle reduce their occurrence) is likely to increase due to these changes; but it will remain limited in the medium term and certainly lower than in the US. We also argue that given the broad pro-cyclicality of fiscal policy, the idea that national policies alone can deal alone with asymmetric shocks is not realistic. Lastly, we maintain that an ex-ante fiscal insurance mechanism can provide some degree of income smoothing and is likely to catalyse market insurance. Fiscal and market insurance can reduce the role of credit and borrowing, which until now has been the main channel for shock absorption in the euro area but also the least effective in times of crisis. We conclude that, from a macroeconomic point of view, an EUBS is a useful tool to improve shock absorption capacity and is not mutually exclusive with market risk sharing. This report was prepared in the context of a research project on “The Feasibility and Added Value of a European Unemployment Benefits Scheme”, commissioned by DG EMPL of the European Commission and carried out by a consortium of researchers led by CEPS. It is published by CEPS with the kind permission of the European Commission
by Alcidi, Cinzia & Thirion, Gilles
- 11850 The Legal and Operational Feasibility of a European Unemployment Benefits Scheme at the National Level
by Coucheir, Michael & Strban, Grega & Hauben, Harald
- 11826 The Stabilisation Properties of a European Unemployment Benefit Scheme
by Gros, Daniel
- 11814 The Impact of Brexit on the EU Budget: A non-catastrophic event
by Ferrer, Jorge Núñez & Rinaldi, David
- 11784 Occupations Observatory - Methodological Note
by Beblavý, Miroslav & Akgüc, Mehtap & Fabo, Brian & Lenaerts, Karolien
- 11768 The EBA EU-wide Stress Test 2016: Deciphering the black box
by De Groen, Willem Pieter
- 11762 A closer look at Banca Monte dei Paschi: Living on the edge
by De Groen, Willem Pieter
- 11754 Negative Rates and Seigniorage: Turning the central bank business model upside down? The special case of the ECB
by Gros, Daniel
- 11753 Negative Rates and Seigniorage: Turning the central bank business model upside down? The special case of the ECB
by Belke, Ansgar & Gros, Daniel
- 11705 Labour Mobility in the EU: Addressing challenges and ensuring ‘fair mobility’
by Barslund, Mikkel & Busse, Matthias
- 11692 How mobile is tech talent? A case study of IT professionals based on data from LinkedIn
by Barslund, Mikkel & Busse, Matthias
- 11625 The Impact of the Collaborative Economy on the Labour Market
by De Groen, Willem Pieter & Maselli, Ilaria
- 11589 Can Spain break the curse of the periphery? The upcoming Spanish elections and what it means for Europe
by Beblavý, Miroslav
- 11582 EU Budgetary Responses to the ‘Refugee Crisis’: Reconfiguring the Funding Landscape
by den Hertog, Leonhard
- 11557 Is globalisation really fuelling populism?
by Gros, Daniel
- 11539 The EU power sector needs long-term price signals
by Genoese, Fabio & Drabik, Eleanor & Egenhofer, Christian
- 11530 Flexibility versus Stability: A difficult trade-off in the eurozone
by De Grauwe, Paul & Ji, Yuemei
- 11526 Institutional Moral Hazard in the Multi-tiered Regulation of Unemployment and Social Assistance Benefits
by Vandenbroucke, Frank & Luigjes, Chris
- 11505 Fine-tuning the use of bail-in to promote a stronger EU financial system
by Micossi, Stefano & Bruzzone, Ginevra & Cassella, Miriam
- 11492 Is there a need for additional monetary stimulus? Insights from the original Taylor Rule
by Alcidi, Cinzia & Busse, Matthias & Gros, Daniel
- 11491 Measuring Dependency Ratios using National Transfer Accounts
by Barslund, Mikkel & von Werder, Marten
- 11482 Institutions and Growth in Europe
by Masuch, Klaus & Moshammer, Edmund & Pierluigi, Beatrice
- 11451 A Roadmap to Enhanced Regional Energy Policy: Cooperation in South East Europe
by Dimitrova, Anna & Egenhofer, Christian & Behrens, Arno
- 11449 Are Germans wasting their savings abroad?
by Busse, Matthias & Gros, Daniel
- 11438 The Digital Market for Local Services: A one-night stand for workers? An example from the on-demand economy
by De Groen, Willem Pieter & Maselli, Ilaria & Fabo, Brian
- 11425 The ECB’s latest gimmick: Cash for loans
by Gros, Daniel & Valiante, Diego & De Groen, Willem Pieter
- 11406 Skills Requirements for the 30 Most-Frequently Advertised Occupations in the United States: An analysis based on online vacancy data
by Beblavý, Miroslav & Fabo, Brian & Lenaerts, Karolien
- 11350 Social Investment and State Capacity
by Beblavý, Miroslav & Hájková, Alžbeta
Printed from https://ideas.repec.org/s/eps/cepswp.html
