Previous issues of Intereconomics
Forum: A Fiscal Stabilisation Function for the Eurozone
The Five Presidents’ Report of 2015 called for a macroeconomic stabiliser that would be capable of dealing with asymmetric shocks. A European unemployment bene? ts scheme (EUBS) is one potential stabilisation mechanism, although other proposals for devising risk-sharing tools that could be deployed across the eurozone have also been put forward over the years. The following papers, based on a recent Intereconomics conference, explore and compare the advantages and disadvantages of the various schemes entertained. Which one holds the greatest promise of reducing the risk of deep recession? Do such schemes inevitably lead to moral hazard or are there practical safeguards that can be built into their provisions to minimise this risk? Are any of these proposals politically feasible in the near term? This Forum seeks to answer these questions, searching for solutions that can overcome the political resistance to risk sharing in order to secure the economic bene?ts of risk reduction.
Forum: Re?ections on the Euro Area Fiscal Stance
By Christophe Kamps, Nadine Leiner-Killinger, Jacopo Cimadomo and Sebastian Hauptmeier
Forum: Fiscal Rules and the Scope for Risk Sharing
By Iain Begg
Forum: The Stabilising Role of US Federal Fiscal Institutions – What Lessons for the Euro Area?
By Cinzia Alcidi and Gilles Thirion
Forum: What the EU Can Learn from the American Experience with Unemployment Insurance
By Suzanne Simonetta
Forum: European Fiscal Governance and Cyclical Stabilisation: Searching for a Lasting Arrangement
By Nicolas Carnot
Forum: Risk Reduction, Risk Sharing and Moral Hazard: A Vaccination Metaphor
By Frank Vandenbroucke
By Sebastian Dullien
Editorial: Differentiation Could Become the Next EU Integration Concept
By: Josef Janning