Mundell-Fleming trilemma

GPTKB entity

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