The Impacts of Crises on the Trilemma Configurations
收藏NBER2022-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30406
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资源简介：
The monetary trilemma the hypothesis that full monetary policy autonomy, exchange rate stability, and financial openness cannot simultaneously be achieved has long been studied. Recently, holding international reserves (IR) has become an important policy instrument, insuring against liquidity
提供机构：
美国国家经济研究局
创建时间：
2022-08-01
