On the Origins of the Fleming-Mundell Model

James Boughton

No 2002/107, IMF Working Papers from International Monetary Fund

Abstract: 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?

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 (search for similar items in EconPapers)
Pages: 13
Date: 2002-06-01
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Citations: View citations in EconPapers (1)

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