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European unemployment re-insurance could absorb up to 25% of income losses in recessions

A European unemployment re-insurance system could absorb an average of 15-25 percent of income losses caused by rising unemployment in deep recessions, but various arrangements would need to be made in order to avoid negative incentive effects, according to new research from EconPol Europe.
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Patent Boxes Benefit MNEs Rather than Governments, say EconPol Researchers

Research from EconPol Europe into the use of so-called ‘patent boxes’ by multinational enterprises (MNEs) reveals an increase in pre-tax profits of 8.5% for the MNEs. However, there is little evidence to suggest governments which operate the system receive any benefit, and could even experience a reduction in revenues.

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Cross-border risk sharing is essential for European financial recovery, says EconPol report

Cross-border risk sharing through securitisation markets is a crucial element of financial integration in Europe, according to a new policy brief from EconPol Europe. And while the new EU framework for simple transparent and standardised securitisation, due to be implemented in January 2019, is an important step it does not go far enough, say authors Karolin Kirschenmann, Jesper Riedler (ZEW Mannheim) and Tobias Schuler (ifo Institute).

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ifo Institute Expects US Current Account Deficit to Increase Slightly in 2018

The ifo Institute expects a further increase in the US current account deficit, despite the introduction of tariffs by US President Donald Trump. The US current account deficit is expected to total 464 billion US dollars in 2018, or 2.5 percent of annual economic output, according to projections calculated by the ifo Institute based on mid-year figures on the occasion of the annual conference of the EconPol research network.
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