Work

The Financial Trilemma

Year: 2011

Type: preprint

Abstract: 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. Our findings for financial integration suggest that the financial trilemma is in particular at work in Europe.

Source: RePEc: Research Papers in Economics

Author: Dirk Schoenmaker

Institution: Vrije Universiteit Amsterdam

Language: English

Topic: Global Financial Crisis and Policies

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W3122695309

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Related to: 10