Mundellian

Dean reminds me that we might be under a Bretton Woods II regime whereas my Mundellian logic relies on floating rates.

In Defense of Corporate Taxes 2006

Dean reminds me that we might be under a Bretton Woods II regime whereas my Mundellian logic relies on floating rates.

Exchange Rates and the Savings Rate: Reverse Causation 2006

One of the key constants for markets these days is that falling values of the US dollar correlate to higher stock prices and vice versa, in what is effectively a Mundellian portfolio rebalancing (named after Robert Mundell, the Nobel laureate).

Asia Times Online 2009

As AB readers likely know, I’ve touted the Mundellian argument that fiscal restraint could lead to an exactly offsetting increase in net exports if we let the dollar devalue.

In Defense of Corporate Taxes 2006

As AB readers likely know, I’ve touted the Mundellian argument that fiscal restraint could lead to an exactly offsetting increase in net exports if we let the dollar devalue.

Exchange Rates and the Savings Rate: Reverse Causation 2006