The financial trilemma

被引：85
|
作者：
Schoenmaker, Dirk [1 ,2 ]
机构：
[1] Duisenberg Sch Finance, NL-1082 MS Amsterdam, Netherlands
[2] Vrije Univ Amsterdam, Dept Finance, Amsterdam, Netherlands
来源：
ECONOMICS LETTERS | 2011年 / 111卷 / 01期
关键词：
Financial stability; Public good; International finance; CAPITAL MOBILITY; EXCHANGE-RATES; INTEGRATION;
D O I：
10.1016/j.econlet.2011.01.010
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码：57 / 59
页数：3
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