Bordo, Michael D.; Jonung, Lars; Markiewicz, Agnieszka - In: CESifo economic studies : CESifo, a joint initiative of … 59 (2013) 3, pp. 449-488
financial markets and resulted in severe debt crises in several European countries. Events revealed that the European Union (EU …) had insufficient means to halt the spiral of the European debt crisis. The aim of this study is to identify the …