<p>First, you don't estimate the "model", but its parameters. You can then try tests that check if the specification is correct and if you do want to test the "model". </p>

<p>There are different approaches to estimation. In this nice article the author uses a VAR model to estimate the parameters of the Mundell-Flemming model for the Australian economy. </p>

<p><a href="http://cms-content.bates.edu/prebuilt/huh.pdf?origin=publication_detail" rel="nofollow noreferrer">http://cms-content.bates.edu/prebuilt/huh.pdf?origin=publication_detail</a></p>

CC BY-SA 4.0
2016-01-26T03:35:31.957Z
2019-06-13T19:46:44.110Z
2019-06-13T19:46:44.110Z
Joao Luiz Pacheco
<p>In virtually all texts of intermediate Macroeconomics$^1$ the <a href="https://en.wikipedia.org/wiki/Mundell%E2%80%93Fleming_model">Mundell-Fleming</a> model is taught. But his estimate is not addressed in the classical texts of econometrics. I've always wanted to read some reference, but my searches have not worked</p>

<p>1: "Most open macroeconomy models in the textbooks are variations of the Mundell-Fleming model." <a href="http://www.grips.ac.jp/teacher/oono/hp/lecture_F/lec08.htm">Ohno Lecture notes: Mundell-Fleming Model with a Floating Exchange Rate</a></p>

<macroeconomics><econometrics><reference-request><open-economy-macro>
Can anyone give me some reference on Mundell-Fleming model estimated empirically?
Héctor Garrido
# Can anyone give me some reference on Mundell-Fleming model estimated empirically?

(Asked by: username_0 on 2015-07-06)

In virtually all texts of intermediate Macroeconomics$^1$ the [Mundell-Fleming](https://en.wikipedia.org/wiki/Mundell%E2%80%93Fleming_model) model is taught. But his estimate is not addressed in the classical texts of econometrics. I've always wanted to read some reference, but my searches have not worked

1: "Most open macroeconomy models in the textbooks are variations of the Mundell-Fleming model." [Ohno Lecture notes: Mundell-Fleming Model with a Floating Exchange Rate](http://www.grips.ac.jp/teacher/oono/hp/lecture_F/lec08.htm)

**Tags:** macroeconomics, econometrics, reference-request, open-economy-macro


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## 1 answers

### Answer by username_1 on 2016-01-26. Score: 1 | Accepted answer

First, you don't estimate the "model", but its parameters. You can then try tests that check if the specification is correct and if you do want to test the "model".

There are different approaches to estimation. In this nice article the author uses a VAR model to estimate the parameters of the Mundell-Flemming model for the Australian economy.

<http://cms-content.bates.edu/prebuilt/huh.pdf?origin=publication_detail>


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