Concept information
Preferred term
Mundell-Fleming model
Definition
- The Mundell-Fleming model is a theoretical model in international macroeconomics. The model demonstrates that the effectiveness of fiscal and monetary policies in the open economy depends on the exchange rate regime. [Source: Encyclopedia of Business in Today's World; Mundell-Fleming Model]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Mundell-Fleming_model
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