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On the Origins of the Fleming-Mundell Model

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Author Info
James M. Boughton
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?

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 02/107.

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Length: 13 pages
Date of creation: 03 Jul 2002
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Handle: RePEc:imf:imfwpa:02/107

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  1. Levin, Jay H, 1972. "International Capital Mobility and the Assignment Problem," Oxford Economic Papers, Oxford University Press, vol. 24(1), pages 54-67, March. [Downloadable!] (restricted)
  2. Boyer, Russell S, 1978. "Financial Policies in an Open Economy," Economica, London School of Economics and Political Science, vol. 45(177), pages 39-57, February. [Downloadable!] (restricted)
  3. Arndt, Sven W, 1973. "Policy Choices in an Open Economy: Some Dynamic Considerations," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 916-35, July-Aug.. [Downloadable!] (restricted)
  4. Turnovsky, Stephen J & Kingston, Geoffrey H, 1977. " Monetary and Fiscal Policies under Flexible Exchange Rates and Perfect Myopic Foresight in an Inflationary World," Scandinavian Journal of Economics, Blackwell Publishing, vol. 79(4), pages 424-41.
  5. Tsiang, S C, 1975. "The Dynamics of International Capital Flows and Internal and External Balance," The Quarterly Journal of Economics, MIT Press, vol. 89(2), pages 195-214, May. [Downloadable!] (restricted)
  6. Cooper, Richard N, 1976. " Monetary Theory and Policy in an Open Economy," Scandinavian Journal of Economics, Blackwell Publishing, vol. 78(2), pages 146-63.
  7. Robert A. Mundell, 2002. "Notes on the development of the international macroeconomic model," Discussion Papers 0102-33, Columbia University, Department of Economics. [Downloadable!]
  8. Cherneff, R V, 1976. "Policy Conflict and Coordination under Fixed Exchanges: The Case of an Upward Sloping IS Curve," Journal of Finance, American Finance Association, vol. 31(4), pages 1219-24, September. [Downloadable!] (restricted)
  9. Tower, Edward, 1972. "Monetary and Fiscal Policy in a World of Capital Mobility: A Respecification," Review of Economic Studies, Blackwell Publishing, vol. 39(3), pages 251-62, July. [Downloadable!] (restricted)
  10. Alfred Steinherr, 1975. "Economic policy in an open economy under alternative exchange rate systems: Effectiveness and stability in the short and long run," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 111(1), pages 24-51, March. [Downloadable!] (restricted)
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