The financial trilemma

D. Schoenmaker

doi:10.1016/j.econlet.2011.01.010

The financial trilemma

D. Schoenmaker

Finance

Research output: Contribution to Journal › Article › Academic › peer-review

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
Pages (from-to)	57-59
Journal	Economics Letters
Volume	111
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2011.01.010
Publication status	Published - 2011

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10.1016/j.econlet.2011.01.010

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