We present a theoretical framework for policy making based on the "impossible trinity" or the "trilemma" hypothesis. A … the joint determination of the triad open macroeconomic policies based on the trilemma hypothesis. Specifically, we … when a currency, banking, or debt crisis breaks out. These findings suggest that deviations from the trilemma hypothesis …

to investigate the joint determination of the triad open macroeconomic policies based on the trilemma hypothesis. Results …This paper presents a theoretical framework for policy making based on the “impossible trinity” or the “trilemma …” hypothesis. A simple optimization model shows that placing more weight in terms of preference for each of the three open …

investigate the joint determination of the triad open macroeconomic policies based on the trilemma hypothesis. Specifically, we … constraint when a currency, banking, or debt crisis breaks out. These findings suggest that deviations from the trilemma … hypothesis would create policy stress, which would have to manifest itself in a crisis unless policy makers adjust the policy …

as the metrics for the trilemma hypothesis. In our exploration, we take a different and more nuanced approach than the … the trilemma hypothesis. We locate our sample economies' policy mixes in the famous trilemma triangle - a useful and …

openness as the metrics for the trilemma hypothesis. In their exploration, they take a different and more nuanced approach than …, supporting the trilemma hypothesis. They locate their sample economies’ policy mixes in the famous trilemma triangle—a useful and …

as the metrics for the trilemma hypothesis. In our exploration, we take a different and more nuanced approach than the … the trilemma hypothesis. We locate our sample economies’ policy mixes in the famous trilemma triangle—a useful and …

as the metrics for the trilemma hypothesis. In our exploration, we take a different and more nuanced approach than the … the trilemma hypothesis. We locate our sample economies’ policy mixes in the famous trilemma triangle—a useful and …

of the trilemma hypothesis. Using an index that measures the extent of policy divergence among the three trilemma policy …