Robert Alexander Mundell, CC (October 24, 1932 – April 4, 2021) was a Canadian economist.
He was a professor of economics at Columbia University and the Chinese University of Hong Kong. Mundell was also known for the Mundell–Fleming model and Mundell–Tobin effect.
Robert Mundell | |
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Born | |
Died | April 4, 2021 | (aged 88)
Nationality | Canadian |
Alma mater | London School of Economics UBC Vancouver School of Economics University of Washington Massachusetts Institute of Technology University of Waterloo |
Known for | Mundell–Fleming model Optimum currency areas Research on the gold standard |
Awards | Nobel Memorial Prize in Economic Sciences (1999) |
Scientific career | |
Fields | Monetary economics |
Institutions | Johns Hopkins University (1959–61, 1997–98, 2000–01) University of Chicago (1965–72) Graduate Institute of International Studies in Geneva, Switzerland (1965–75) University of Waterloo (1972–74) McGill University (1989–1990) Columbia University (1974 – present) Chinese University of Hong Kong (2009 – present) |
Doctoral advisor | Charles Kindleberger |
Doctoral students | Jacob A. Frenkel Rudi Dornbusch Carmen Reinhart |
Influences | Ludwig Von Mises |
Influenced | Arthur Laffer Jude Wanniski Michael Mussa |
He received the Nobel Memorial Prize in Economic Sciences in 1999 for his pioneering work in monetary dynamics and optimum currency areas. Mundell is known as the "father" of the Euro, as he laid the groundwork for its introduction through this work and helped to start the movement known as supply-side economics which inspired Reaganomics.
Mundell died on April 4, 2021 in Siena, Tuscany from problems caused by bile duct cancer, aged 88.
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