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International Macroeconomics: Beyond the Mundell-Fleming Model

Maurice Obstfeld

No 8369, NBER Working Papers from National Bureau of Economic Research, Inc

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: F31 F41 (search for similar items in EconPapers)
Date: 2001-07
New Economics Papers: this item is included in nep-pke
Note: EFG IFM
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Citations: View citations in EconPapers (129)

Published as Obstfeld, Maurice. "International Macroeconomics: Beyond the Mundell-Fleming Model." International Monetary Fund Staff Papers. Special Issue, 2001.

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