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On the Origins of the Fleming-Mundell Model
Author:
Mr. James M. Boughton
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Series:
IMF Working Papers
Volume/Issue:
Volume 2002: Issue 107
Language:
English
Publication Date:
01 Jun 2002
DOI:
https://doi.org/10.5089/9781451852998.001
ISBN:
9781451852998
ISSN:
1018-5941
Pages:
13
Keywords:
WP; monetary policy; policy analysis; fiscal policy action; effects of monetary and fiscal policies; models of Fleming; Fleming; Mundell; open-economy macroeconomic models; version of Fleming's paper; effectiveness of fiscal and monetary policies; Conventional peg; Floating exchange rates
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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 Fleming-Mundell model?
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund