“Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates”

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“Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates” is Robert A. Mundell’s seminal 1963 paper that founded the Mundell-Fleming model, analyzing how monetary and fiscal policy work under different exchange-rate regimes with high capital mobility.

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Robert A. Mundell notableWork “Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates”