The Financial Trilemma

Dirk Schoenmaker

doi:10.1016/j.econlet.2011.01.010

The Financial Trilemma

Dirk Schoenmaker

External organisation

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

132 Citations (Scopus)

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.

Original language	English
Pages (from-to)	57-59
Number of pages	3
Journal	Economics Letters
Volume	2011
Issue number	111
DOIs	https://doi.org/10.1016/j.econlet.2011.01.010
Publication status	Published - 2011
Externally published	Yes

Access to Document

10.1016/j.econlet.2011.01.010

Cite this

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title = "The Financial Trilemma",

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.",

author = "Dirk Schoenmaker",

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language = "English",

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pages = "57--59",

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DO - 10.1016/j.econlet.2011.01.010

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JO - Economics Letters

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