Dolls, Mathias; Peichl, Andreas; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
order to avoid a further spreading of the sovereign debt crisis. Against this background, we call for a global debt brake … process, an early warning system could be developed with the aim to avoid sovereign debt crises and the resulting contagion … large uncertainties concerning economic prospects and the fear of a potential spreading of the sovereign debt crisis, a …