IMF Staff Papers

IMF Staff Papers, Volume 50, No. 1

Author/Editor:

Robert P Flood

Publication Date:

April 17, 2003

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Forty years ago, Marcus Fleming and Robert Mundell developed independent models of macroeconomic policy in open economies. Why do we link the two, and why do we call the result the Mundell-Fleming, rather than Fieming-Mundell model?

Series:

IMF Staff Papers No. 2003/001

Subject:

Economic sectors Financial services Foreign exchange Inflation Monetary policy Monetary tightening Prices Privatization Real exchange rates Real interest rates