IMF Staff Papers, Volume 50, No. 1
April 17, 2003
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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?
Subject: Economic sectors, Financial services, Foreign exchange, Inflation, Monetary policy, Monetary tightening, Prices, Privatization, Real exchange rates, Real interest rates
Keywords: Asia and Pacific, Central Africa, East Africa, fiscal policy action, Inflation, Middle East, models of Fleming, monetary policy, Monetary tightening, Mundelfs policy analysis, origins of the Fleming-Mundell, policy instrument, Privatization, Real exchange rates, Real interest rates, SP, Sub-Saharan Africa, tight monetary policy, undervaluation episode
Pages:
166
Volume:
2003
DOI:
Issue:
001
Series:
IMF Staff Papers No. 2003/001
Stock No:
SPIEA0012003
ISBN:
9781589061248
ISSN:
1020-7635
