International Macroeconomics: Beyond the Mundell-Fleming Model

Maurice Obstfeld

International Finance from University Library of Munich, Germany

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.

JEL-codes: F33 F41 (search for similar items in EconPapers)
Pages: 55 pages
Date: 2003-03-25
New Economics Papers: this item is included in nep-mac
Note: 55 pages, Acrobat .pdf
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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https://econwpa.ub.uni-muenchen.de/econ-wp/if/papers/0303/0303006.pdf (application/pdf)

Related works:
Working Paper: International Macroeconomics: Beyond the Mundell-Fleming Model (2001)
Working Paper: International Macroeconomics: Beyond the Mundell-Fleming Model (2001)
Working Paper: International Macroeconomics: Beyond the Mundell-Fleming Model (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpif:0303006

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