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August 12, 2023

When Next You Have to Teach Mundell-Fleming

Blog: Econbrowser

Menzie Chinn

Open Access

Abstract

What is your answer to the question: How Close to Full Capital Mobility Are We? It's got to depend on what countries are involved, what time horizon, etc. In a recent paper entitled "Measuring Financial Integration: More Data, More Countries, More Expectations", Hiro Ito and I tackle this question of mobility and substitutability (terminology due […]

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