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- Q1151902 subject Q11705449.
- Q1151902 subject Q6496168.
- Q1151902 subject Q7483210.
- Q1151902 subject Q8168518.
- Q1151902 abstract "The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell and Marcus Fleming. The model is an extension of the IS-LM Model. Whereas the traditional IS-LM Model deals with economy under autarky (or a closed economy), the Mundell–Fleming model describes a small open economy. Mundell's paper suggests that the model can be applied to Zurich, Brussels and so on.The Mundell–Fleming model portrays the short-run relationship between an economy's nominal exchange rate, interest rate, and output (in contrast to the closed-economy IS-LM model, which focuses only on the relationship between the interest rate and output). The Mundell–Fleming model has been used to argue that an economy cannot simultaneously maintain a fixed exchange rate, free capital movement, and an independent monetary policy. This principle is frequently called the "impossible trinity," "unholy trinity," "irreconcilable trinity," "inconsistent trinity" or the "Mundell–Fleming trilemma."".
- Q1151902 wikiPageExternalLink Young.pdf.
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- Q1151902 wikiPageWikiLink Q11705449.
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- Q1151902 wikiPageWikiLink Q6496168.
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- Q1151902 wikiPageWikiLink Q7483210.
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- Q1151902 wikiPageWikiLink Q8168518.
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- Q1151902 type Thing.
- Q1151902 comment "The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell and Marcus Fleming. The model is an extension of the IS-LM Model. Whereas the traditional IS-LM Model deals with economy under autarky (or a closed economy), the Mundell–Fleming model describes a small open economy.".
- Q1151902 label "Mundell–Fleming model".
- Q1151902 seeAlso Q205231.
- Q1151902 seeAlso Q66100.