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Bài giảng Mô hình Mundell-Fleming - Châu Văn Thành

Mô hình Mundell-Fleming là một mô hình kinh tế học vĩ mô sử dụng 2 đường IS và LM để phân tích tác động của các chính sách kinh tế vĩ mô được thực hiện trong một nền kinh tế mở cửa. Để tìm hiểu sâu hơn về vấn đề này mời các bạn tham khảo "Bài giảng Mô hình Mundell-Fleming". | Mô hình Mundell-Fleming IS-LM-CM Small Open Economy Capital Mobility The M Lin cl cl 1-Flemi ng Mod cl This model must be one of the most influential advances in macroeconomics in recent times. Economic Times It still serves as the default model for most policy-makers. Further the predictions of the model are so striking and intuitive that they continue to represent the benchmark against which the predictions of newer models are tested. Andrew K. Rose One of the most significant advances made by Robert Mundell was the extension of the standard workhorse of macroeconomics the IS-LM model of the Hicks-Hansen synthesis to an open economy. The Mundell-Flemming model as it came to be known was the first to integrate international monetary flows into macroeconomic analysis. In the early 1960s this model had foreseen the importance of international capital flows in determining key macroeconomic variables such as real national income unemployment price level and the interest rate. Robert Mundell has established the foundation for the theory which dominates practical policy considerations of monetary and fiscal policy in open economies. His work on monetary dynamics and optimum currency areas has inspired generations of researchers. Although dating back several decades Mundell s contributions remain outstanding and constitute the core of teaching in international macroeconomics. Nobel Prize Press Release http robertmundell.net mundell-as-in mundell-fleminq-model Mundell-Fleming Model Professor Robert Mundell The 1999 Nobel Prize Winner for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas In any open economy policy makers are confronted with a trilemma which is known as the Impossible Trinity demonstrated by Nobel Laureate Robert .