A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies
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- Maurice Obstfeld & Jonathan D. Ostry & Mahvash S. Qureshi, 2019. "A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies," The Review of Economics and Statistics, MIT Press, vol. 101(2), pages 279-293, May.
- Obstfeld, Maurice & Ostry, Jonathan D. & Qureshi, Mahvash S., 2017. "A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies," CEPR Discussion Papers 12093, C.E.P.R. Discussion Papers.
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More about this item
Keywords
WP; exchange rate regime; real GDP; financial crisis; VXO index; regime classification; trilemma; global financial cycle; capital flows; emerging market economies; credit growth; federal funds rate; house price growth; regime variable; Exchange rate arrangements; Conventional peg; Exchange rate flexibility; Housing prices; Global;All these keywords.
JEL classification:
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
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