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Living with the trilemma constraint : relative trilemma policy divergence, crises, and output losses for developing countries

Aizenman, Joshua; Itō, Hiro - In: Journal of international money and finance 49 (2014), pp. 28-51

Persistent link: https://www.econbiz.de/10010465192

The More Divergent, the Better? Lessons on Trilemma Policies and Crises for Asia

Aizenman, Joshua - 2016

This paper investigates the potential impacts of the degree of divergence in open macroeconomic policies in the context of the trilemma hypothesis. Using an index that measures the extent of policy divergence among the three trilemma policy choices — monetary independence, exchange rate...

Persistent link: https://www.econbiz.de/10012995416

Living with the trilemma constraint : relative trilemma policy divergence, crises, and output losses for developing countries

Aizenman, Joshua; Itō, Hiro - 2013

Persistent link: https://www.econbiz.de/10010191647

Living with the Trilemma Constraint : Relative Trilemma Policy Divergence, Crises, and Output Losses for Developing Countries

Aizenman, Joshua - 2013

This paper investigates the potential impacts of the degree of divergence in open macroeconomic policies in the context of the trilemma hypothesis. Using an index that measures the relative policy divergence among the three trilemma policy choices, namely monetary independence, exchange rate...

Persistent link: https://www.econbiz.de/10012459214

Living with the Trilemma Constraint : Relative Trilemma Policy Divergence, Crises, and Output Losses for Developing Countries

Aizenman, Joshua - 2013

This paper investigates the potential impacts of the degree of divergence in open macroeconomic policies in the context of the trilemma hypothesis. Using an index that measures the relative policy divergence among the three trilemma policy choices, namely monetary independence, exchange rate...

Persistent link: https://www.econbiz.de/10013075864