Statements (21)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
gptkb:impossible_trinity
|
gptkbp:appliesTo |
open economies
|
gptkbp:component |
fixed exchange rate
free capital movement independent monetary policy |
gptkbp:describes |
policy trade-offs in open economies
|
gptkbp:explains |
policy constraints for governments in globalized financial markets
|
https://www.w3.org/2000/01/rdf-schema#label |
Mundell-Fleming trilemma
|
gptkbp:influencedBy |
gptkb:Mundell-Fleming_model
|
gptkbp:introducedIn |
1960s
|
gptkbp:namedAfter |
gptkb:Marcus_Fleming
gptkb:Robert_Mundell |
gptkbp:relatedTo |
gptkb:economic_policy
exchange rate policy international macroeconomics capital controls |
gptkbp:state |
it is impossible to have all three: fixed exchange rate, free capital movement, independent monetary policy
|
gptkbp:usedIn |
policy analysis
|
gptkbp:bfsParent |
gptkb:Rodrik's_trilemma
|
gptkbp:bfsLayer |
6
|