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IMF Staff Papers Logo  Last updated:March 2003
Volume 50, Number 1
 
On the Origins of the Fleming-Mundell Model
James M. Boughton

Full Text of this Article (PDF 108K)

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? [JEL B31, E12, F41]

© 2003 International Monetary Fund