Etienne Farvaque, Professor at Université de Lille and Associate Fellow at CIRANO, gave on Friday, June 17th, at 10 am, at CIRANO a seminar entitled “Drowned by Numbers? Designing an EU-Wide Unemployment Insurance”.
The severity of the recent crisis has given rise to several proposals for the creation of a European unemployment insurance system. Mr. Farvaque explores the theoretical backgrounds of a common insurance system. Then, he analyzes the main features of a EU-wide unemployment insurance, and explore its financial and political sustainability, under different scenarios. Finally, he highlights key issues with regard to implementation and potential undesirable effects.