Author Archives: ADEMU

POLICY BRIEF: Lessons from the euro crisis and dealing with the debt overhang

June 29, 2018


  • To understand the roots of the polarisation of risk in countries in the euro area
  • To design institutional frameworks that combine aggregate risk reduction with enhanced risk sharing

By Giancarlo Corsetti, Cambridge University and CEPR

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ADEMU explained: An unemployment insurance system for the Euro area? Video with Árpád Ábrahám and João Brogueira

Árpád Ábrahám and João Brogueira provide a brief overview of ADEMU’s findings and proposals in relation to a European Unemployment Insurance System in this short video.

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POLICY BRIEF: A European Unemployment Insurance System


  • To examine the potential benefits of a European Unemployment Insurance System (EUIS)
  • To evaluate the extent to which member states would benefit from such a system
  • To assess whether member states would unanimously be in favour of this change without the need for permanent cross-border monetary transfers

By Árpád Ábrahám, João Brogueira de Sousa, Ramon Marimon and Lukas Mayr

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ADEMU: The final report of the advisory committee

June 28, 2018

By Thomas Cooley (chair), Charles Bean, Jean Pierre Danthine, Lars Feld, Jose Manuel Campa, Fernandez, Lucrezia Reichlin, René Smits and Thomas Sargent.

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The ADEMU eBook from The EMU after the euro crisis.

June 27, 2018

A 12-chapter eBook that presents the main findings and proposals of the three-year H2020-funded ADEMU project has been published in conjunction with VoxEU, from the Centre for Economic Policy Research (CEPR). Continue reading

ADEMU’s end-of-project magazine – view online or request your copy

June 26, 2018

We may be reaching the conclusion of our three-year Horizon 2020-funded project, but our campaign to share our results and proposals is just beginning.

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ADEMU final conference – a detailed review

June 18, 2018

Ademu’s final conference took place at the European University Institute in Florence on the 9th   and 10th May 2018. During the conference, the results of the three-year Horizon 2020 project were debated and analysed by Ademu coordinators and esteemed economists, academics and legal experts. Gergő Motyovszki and Jan Teresiński have provided a detailed review of the proceedings.

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POLICY BRIEF: A new fiscal and monetary framework for the EMU? The EU presidents’ roadmap in 2018


  • To evaluate the recent experience of the EMU, assessing the Van Rompuy report ‘Towards a genuine economic and monetary union’ (2012) and the Five Presidents’ Report (2015) 
  • To use that experience and the research of Ademu to reassess the overall fiscal and monetary framework of the EMU 
  • Present a proposal to strengthen the economic and fiscal union in Europe

By Ramon Marimon

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POLICY BRIEF: The political economy of policy implementation


  • To examine how modern monetary systems create opportunities for rent-seeking in the public and private sectors
  • Creating a policy framework to address the main issues, with a focus on the rentseeking and banking sectors

By David K. Levine and Andrea Mattozzi, European University Institute

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