Words similar to mundell
Example sentences for: mundell
How can you use “mundell” in a sentence? Here are some example sentences to help you improve your vocabulary:
But a layperson might be confused about exactly what Mundell and his prize are really about.
(This is a criterion, incidentally, that Europe--whose single-currency regime Mundell now enthusiastically supports--manifestly does not satisfy.)
And so perhaps it was the Canadian case that led Mundell to ask, in one of his three most famous contributions, how monetary and fiscal policy would work in an economy in which capital flowed freely in and out in response to any difference between interest rates at home and abroad.
The debate over how to define an "optimum currency area" is an endless one, but Mundell set its terms, suggesting in particular that a key feature of such an area would typically be high internal mobility of workers, that is, the willingness and ability of workers to move from slumping to booming regions.
And when the young Canadian economist Robert Mundell did his most influential work, in the early 1960s, it was arguably the Canadian difference that inspired him to think outside the box.
Loading...