IMF Working Papers

On the Origins of the Fleming-Mundell Model

By James M. Boughton

June 1, 2002

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James M. Boughton On the Origins of the Fleming-Mundell Model, (USA: International Monetary Fund, 2002) accessed December 12, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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 Fleming-Mundell model?

Subject: Conventional peg, Fiscal policy, Floating exchange rates, Foreign exchange, Labor

Keywords: Conventional peg, Effectiveness of fiscal and monetary policies, Effects of monetary and fiscal policies, Fiscal policy action, Fleming, Floating exchange rates, Models of Fleming, Monetary policy, Mundell, Open-economy macroeconomic models, Policy analysis, Version of Fleming's paper, WP

Publication Details

  • Pages:

    13

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2002/107

  • Stock No:

    WPIEA1072002

  • ISBN:

    9781451852998

  • ISSN:

    1018-5941