Synthesis of a research project requested by the European Parliament, commissioned by the European Commission and prepared by a consortium led by the Centre for European Policy Studies.

The research was conducted by a consortium led by the Centre for European Policy Studies (CEPS). This consortium examined the macroeconomic impact of 18 European Unemployment Benefit Scheme (EUBS) variants and discussed various ways of dealing with such problems as the risk of permanent transfers across Member States, and incentives for Member States to shift costs of unemployment from the national to the European level or to reduce their investment in labour market integration (institutional moral hazard). Legal and operational issues, at the European and national level are also examined.

Responsibility for the information and views set out in the following reports lies entirely with the authors. It does not reflect the official opinion of the European Union.

Related working papers

• Working paper: Assessing the Euro Area’s Shock-Absorption Capacity. Risk sharing, consumption smoothing and fiscal policy
• Working paper: A European Unemployment Benefits Scheme: The rationale and the challenges ahead
• Working paper: The Legal and Operational Feasibility of a European Unemployment Benefits Scheme at the National Level
• Working paper: Flexibility versus Stability. A difficult trade-off in the eurozone
• Working paper: Institutional Moral Hazard in the Multi-tiered Regulation of Unemployment and Social Assistance Benefits and Activation: A summary of eight country case studies

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