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. © 2011 Elsevier B.V.
Original language | English |
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Pages (from-to) | 57-59 |
Journal | Economics Letters |
Volume | 111 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2011 |