Backward-looking analysis

Mathias Dolls and Richard Lewney

in ZEW Expertises from ZEW - Leibniz Centre for European Economic Research

Abstract: We develop a new modelling approach combining micro and macro simulations to analyse distributional and stabilizing effects of a European Unemployment Benefit System (EUBS). We run counterfactual simulations based on micro data for the period 1995 to 2013 to estimate net contributions for different variants of EUBS across European member states. Our micro estimates are then used to feed the macro-econometric model in order to obtain counterfactual evolutions of income and unemployment. These new income and employment series are finally simulated again at the micro level. We compare results before and after taking account of the macroeconomic feedback effects and analyse the difference that the feedback effects make.

Keywords: European fiscal integration; unemployment insurance; automatic stabilizers (search for similar items in EconPapers)
JEL-codes: F55 H23 J65 (search for similar items in EconPapers)
Date: 2017
Note: This paper was written as part of Task 3B for the research project 'Feasibility and Added Value of a European Unemployment Benefit Scheme' (contract VC/2015/0006).
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewexp:149873

DOI: 10.2767/695426

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