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The Nobel Memorial Laureates in Economics

The Nobel Memorial Laureates in Economics

An Introduction to Their Careers and Main Published Works

Howard R. Vane and Chris Mulhearn

Erudite, accessible and lucidly written, this book provides a stimulating introduction to the careers and main published works of the Nobel Memorial Laureates in Economics. It will prove to be an invaluable reference book on key figures in economics and their path-breaking insights. The vignettes should also encourage the reader to sample some of the Laureates’ original works and gain a better understanding of the context in which new ideas were first put forward.


Howard R. Vane and Chris Mulhearn

Subjects: economics and finance, economic psychology, history of economic thought


THE 1999 NOBEL MEMORIAL LAUREATE ROBERT MUNDELL ROBERT MUNDELL Robert A. Mundell (b. 1932) © The Nobel Foundation Robert Mundell was born in Kingston, Ontario, Canada in 1932. He obtained a BA from the University of British Columbia in 1953 and an MA from the University of Washington in 1954. After studying at the London School of Economics and the Massachusetts Institute of Technology (MIT) he received his PhD from MIT in 1956. His doctoral thesis concerned aspects of international capital movements, a topic that was to become a focus of much of his subsequent research. Mundell held a Post-Doctoral Fellowship in Political Economy at the University of Chicago (1956–57), taught at Stanford University (Assistant Professor of Economics, 1958–59) and the Johns Hopkins University School of Advanced International Studies in Bologna, Italy (Professor of Economics, 1959–61), before joining the research department of the International Monetary Fund (IMF) as a senior economist (1961–63). The IMF’s research department at that time was headed by Marcus Fleming. Subsequent posts included: Visiting Professor of Economics at McGill University (1963–64); Visiting Research Professor of International Economics at the Brookings Institution (1964–65); (summer) Professor of International Economics at the Graduate Institute of International Studies in Geneva, Switzerland (1965–75); Professor of Economics at the University of Chicago (1966–71), where he was editor of the Journal of Political Economy (1966–70); and Professor 274 ROBERT MUNDELL of Economics at the University of Waterloo, Ontario (1972–74). Since 1974, Mundell has been...

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