Model Mundell–Fleming
Model Mundell–Fleming, yang juga disebut model IS-LM-BoP, adalah model ekonomi yang dibuat oleh Robert Mundell dan Marcus Fleming (tanpa mengetahui satu sama lain).[1][2] Model ini merupakan lanjutan dari model IS-LM. Sementara model IS-LM terkait dengan ekonomi autarki (atau ekonomi tertutup), model Mundell–Fleming mendeskripsikan ekonomi terbuka.
Model Mundell–Fleming menggambarkan hubungan jangka pendek antara nilai tukar nominal suatu ekonomi, suku bunga, dan keluaran (sementara dalam model IS-LM yang dilihat hanya hubungan antara suku bunga dan keluaran). Model Mundell–Fleming menunjukkan bahwa ekonomi tidak dapat mempertahankan nilai tukar tetap, pergerakan modal bebas, dan kebijakan moneter independen pada waktu yang sama.
Catatan kaki
- ^ Mundell, Robert A. (1963). "Capital mobility and stabilization policy under fixed and flexible exchange rates". Canadian Journal of Economic and Political Science. 29 (4): 475–485. doi:10.2307/139336. Dicetak kembali dalam Mundell, Robert A. (1968). International Economics. New York: Macmillan.
- ^ Fleming, J. Marcus (1962). "Domestic financial policies under fixed and floating exchange rates". IMF Staff Papers. 9: 369–379. Reprinted in Cooper, Richard N., ed. (1969). International Finance. New York: Penguin Books.
Bacaan lanjut
- Young, Warren; Darity, William, Jr. (2004), "IS-LM-BP: An Inquest" (PDF), History of Political Economy, 36 (Suppl 1): 127–164, doi:10.1215/00182702-36-Suppl_1-127, diarsipkan dari asli (PDF) tanggal 2010-03-07, diakses tanggal 2014-05-23 Pemeliharaan CS1: Banyak nama: authors list (link) (Tells the difference between the IS-LM-BP model and the Mundell–Fleming model.)
- Carlin, Wendy; Soskice, David W. (1990), Macroeconomics and the Wage Bargain, New York: Oxford University Press, ISBN 0-19-877245-9
- Mankiw, N. Gregory (2007), Macroeconomics (Edisi 6th), New York: Worth, ISBN 978-0-7167-6213-3
- Blanchard, Olivier (2006), Macroeconomics (Edisi 4th), Upper Saddle River, NJ: Prentice Hall, ISBN 0-13-186026-7
- DeGrauwe, Paul (2000), Economics of Monetary Union (Edisi 4th), New York: Oxford University Press, ISBN 0-19-877632-2
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