International Macroeconomics: Beyond the Mundell-Fleming Model

Maurice Obstfeld

No C01-121, Center for International and Development Economics Research (CIDER) Working Papers from University of California at Berkeley

Abstract: This lecture presents a broad overview of postwar analytical thinking on international macroeconomics, culminating in a more detailed discussion of very recent progress. Along the way, it reviews important empirical evidence that has inspired alternative modeling approaches, as well as theoretical and policy considerations behind developments in the field. The most recent advances in model building center on the "new open economy macroeconomics," which synthesizes Keynesian nominal rigidities, intertemporal approaches to open economy dynamics, and the effects of market structure on international trade.

Date: 2001-07-01
New Economics Papers: this item is included in nep-lam and nep-mac
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Citations: View citations in EconPapers (129)

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Related works:
Working Paper: International Macroeconomics: Beyond the Mundell-Fleming Model (2003)
Working Paper: International Macroeconomics: Beyond the Mundell-Fleming Model (2001)
Working Paper: International Macroeconomics: Beyond the Mundell-Fleming Model (2001)
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