Author(s)

Dawei Wang

Corresponding Author

Dawei Wang

Abstract

Many countries and regions have implemented the negative interest rate from the financial crisis in 2008,and then these countries raised interest rate rapidly. The Mundell Impossible Trinity has a strong applicability in the environment of positive interest rate. This paper studies the current situation of the Mundell Trinity in the era of changing time from negative interest rate back to the positive interest rate to provide some references for the global economic researchers.

Keywords

Mundell Impossible Trinity, Mundell- Fleming Model,Raising Interest Rate