The financial trilemma
The financial trilemma states that financial stability, financial integration and national financial policies are incompatible. Any two of the three objectives can be combined but not all three; one has to give. This paper develops a model to underpin the financial trilemma.
Year of publication: |
2011
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---|---|
Authors: | Schoenmaker, Dirk |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 111.2011, 1, p. 57-59
|
Publisher: |
Elsevier |
Keywords: | Financial stability Public good International finance |
Saved in:
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