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Exchange Rate Economics: Theories and Evidence is the second edition of Floating Exchange Rates: Theories and Evidence and builds on the successful content and structure of the previous edition. It has been comprehensively updated and expanded to include additional literature on the... read more

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First Sentence edit see section history

In this chapter we examine a model which has had a fundamental influence on international monetary economics, particularly the branch dealing with floating exchange rates: namely, the Mundell-Fleming (MF) model (see, inter alia, Fleming, 1962; Mundell, 1963, 1968; and Sohmen, 1967).

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  1. Ronald MacDonald (Author)

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