文档介绍：The Sveriges Riksbank Prize in Economic Sciences
in Memory of Alfred Nobel 1999
Robert A. Mundell
Canada
Columbia University
b. 1932
" for his analysis of ary and fiscal policy
under different exchange rate regimes and his
analysis of optimum currency areas "
第七章商品市场、货币市场均衡与国际收支平衡
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The Sveriges Riksbank Prize in Economic Sciences
in Memory of Alfred Nobel 1999
This year‘s Laureate formulated a new framework, the so-called Mundell-Fleming model. He used it to show how the short-run effects of ary and fiscal policy in an open economy hinge on the international mobility of capital. He also demonstrated the importance of the exchange rate regime: under a floating exchange rate, ary policy es a powerful means of stabilizing the economy, whereas fiscal policy es powerless. The opposite is true under a fixed exchange rate.———Presentation Speech ,1999,12月10
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The Sveriges Riksbank Prize in Economic Sciences
in Memory of Alfred Nobel 1999
The author of numerous works and articles on economic theory of international economics, he prepared one of the first plans for mon currency in Europe and is known as the father of the theory of optimum currency areas. He was a pioneer of the theory of the ary and fiscal policy mix, the theory of inflation and interest and growth, the ary approach to the balance of payments, and the co-founder of supply-side economics. He has also written extensively on the history of the international ary system.
Biography
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The Sveriges Riksbank Prize in Economic Sciences
in Memory of Alfred Nobel 1999
Banquet Speech
Robert A. Mundell's speech at the Nobel Banquet, December 10, 1999
Your Majesties, Your Royal Highness, Ladies and Gentlemen, I have been very lucky in my career. I was lucky first of all to find a profession that suited me. As an undergraduate at UBC in Canada, I fell in love with economic theory. It was the right choice for me.
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The Sveriges Riksbank Prize in Economic Sciences
in Memory of Alfred Nobel 1999
Banque