Assessing the Emerging Global Financial Architecture: Measuring the Trilemma's Configurations over Time

By Joshua Aizenman, M. Chinn, Hiro Ito. 2008

235 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/112d26699ed5983041bd544df6876d1fc4b09ba2

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Citations in the corpus

The emerging global financial architecture: Tracing and evaluating new patterns of the trilemma configuration (2010, background): “Nonetheless, when policy makers decide on the specifics of international macroeconomic policies, they will have to confront the constraints on choices posed by the trilemma, as outlined in our previous paper (Aizenman et al., 2008). When it comes to deciding on the specifics of the combination of th”
Surfing the Waves of Globalization: Asia and Financial Globalization in the Context of the Trilemma (2010, unknown): “Aizenman et al. (2008) overcame this deficiency by developing a set of the “trilemma indexes” that measure the degree of three policy choices countries make with respect to the trilemma.”
Monetary Policy Spillovers and the Trilemma in the New Normal: Periphery Country Sensitivity to Core Country Conditions (2016, unknown): “The first group of explanatory variables is a set of open macroeconomic policy choices (OMPi ), for which we include the indexes for exchange rate stability (ERS) and financial openness (KAOPEN) from the trilemma indexes by Aizenman et al. (2013).9 A country that has a fixed exchange rate arrangemen”
Domestic and multilateral effects of capital controls in emerging markets (2018, unknown): “The robustness checks include alternative capital control variables, different sub-samples (countries and time periods), an alternative indicator for monetary policy autonomy (MPA) using the Aizenman, Chinn, Ito index of Monetary Policy Autonomy (Aizenman et al., 2008), other Choleski orderings (cap”
Two Targets, Two Instruments: Monetary and Exchange Rate Policies in Emerging Market Economies (2012, background): “…EME central banks have an implicit ―comfort zone‖ beyond which they would not want to see the exchange rate move (at least not abruptly), and this is reflected in their conduct of monetary and intervention policies (see also the related discussion of the ―trilemma‖ index in Aizenman et al., 2008).”