Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/87091
Authors: 
Schoenmaker, Dirk
Year of Publication: 
2011
Series/Report no.: 
Tinbergen Institute Discussion Paper 11-019/2/DSF 7
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.
Subjects: 
Financial Stability
Public Good
JEL: 
F33
G28
H41
Document Type: 
Working Paper

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