European unemployment insurance

European unemployment insurance (also known as a European unemployment benefit scheme - EUBS) is a proposed transfer system for the Eurozone that is intended to provide macroeconomic stabilization. Such a system would drain purchasing power from booming economies, preventing overheating while bolstering economies which experience a recession.[1]

  1. ^ Dullien, Sebastian (2015). "European Unemployment Insurance". The New Palgrave Dictionary of Economics. pp. 1–12. doi:10.1057/978-1-349-95121-5_3006-1. ISBN 978-1-349-95121-5.