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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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.
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