Optimal unemployment insurance and international risk sharing

We discuss how cross-country unemployment insurance can be used to improve international risk sharing. We use a two-country business cycle model with incomplete financial markets and frictional labor markets where the unemployment insurance scheme operates across both countries. Cross-country insura...

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Bibliographic details
Main Author: Stähler, Nikolai
Moyen, Stephane
Winkler, Fabian
Format: Publication
Language: English
Place of publication: Frankfurt a. M.: Deutsche Bundesbank 01.01.2016
Data of publication: 2016-01-01
Dewey Decimal Classification: 330
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
OpenAIRE
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