TY  - JOUR
AU  - Obstfeld,Maurice
TI  - International Macroeconomics: Beyond the Mundell-Fleming Model
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 8369
PY  - 2001
Y2  - July 2001
UR  - http://www.nber.org/papers/w8369
L1  - http://www.nber.org/papers/w8369.pdf
N1  - Author contact info:
Maurice Obstfeld
Department of Economics
University of California, Berkeley
530 Evans Hall #3880
Berkeley, CA 94720-3880
Tel: 510/643-9646
Fax: 510/642-6615
E-Mail: obstfeld@econ.berkeley.edu
AB  - This lecture presents a broad overview of postwar analytical thinking on international macroeconomics, culminating in a more detailed discussion of very recent progress. Along the way, it reviews important empirical evidence that has inspired alternative modeling approaches, as well as theoretical and policy considerations behind developments in the field. The most recent advances in model building center on the 'new open economy macroeconomics,' which synthesizes Keynesian nominal rigidities, intertemporal approaches to open economy dynamics, and the effects of market structure on international trade.
ER  -