Log In

Robert Alexander Mundell Edit Profile


Nobel Prize-winning Canadian economist;

famous for his contribution into Mundell–Fleming model, Optimum currency areas, Research on the gold standard


Since 1974, Robert Mundell (born 1932) has been Professor of Economics at Columbia University in New York. After studying at M.I.T. and the London School of Economics, he received his Ph.D. from M.I.T. in 1956, and was the Post-Doctoral Fellow in Political Economy at the University of Chicago in 1956-57. He taught at Stanford University and The Johns Hopkins Bologna Center of Advanced International Studies before joining the staff of the International Monetary Fund in 1961. From 1966 to 1971 he was a Professor of Economics at the University of Chicago and Editor of the journal of Political Economy; and from 1965 to 1975, he was (summer) Professor of International Economics at the Graduate Institute of International Studies in Geneva, Switzerland. For 1997-98 he was the AGIP Professor of Economics at the Johns Hopkins Bologna Center of the Paul H. Nitze School of Advanced International Studies. Professor Mundell presented the Frank Graham Memorial Lecture at Princeton University in 1965, the Marshall Lectures at Cambridge University in 1974, and the Ohlin Lectures in 1998. He was the first Rockefeller Research Professor of International Economics at the Brookings Institution in 1964-65, the Ford Foundation Research Professor of Economics at the University of Chicago in 1965-66, the Annenberg Professor of Communications at the University of Southern California in 1980, the Repap Professor of Economics at McGill University in 1989-90, the Richard Fox Professor of Economics at the University of Pennsylvania in 1990-91, and the Agip Professor of Economics at the Bologna Center in 1997-98. He received a Guggenheim Prize in 1971, the Jacques Rueff Medal and Prize in 1983, the Docteur Honoris Causa from the University of Paris in 1992, an Honorary Professorship at Renmin University in China in 1995, the Distinguished Fellow Award from the American Economic Association in 1997, and was made a fellow of the American Academy of Arts and Sciences in October 1998.


  • Guggenheim Fellowship 1971

  • Companion of the Order of Canada 2002

  • Docteur Honoris Causa from the University of Paris 1992

  • Fellow of the American Academy of Arts and Sciences 1998

  • Mundell's honorary professorships and fellowships were from Brookings Institution, the University of Chicago, the University of Southern California, McGill University, the University of Pennsylvania, the Bologna Center and Renmin University of China.


  • book

    • The International Monetary System: Conflict and Reform, (Montreal: Private Planning Association of Canada, 1965)

    • Man and Economics. New York: McGraw Hill. 1968.

    • International Economics. New York: The Macmillan Company 1968.

    • Monetary Theory: Interest, Inflation and Growth in the World Economy. Pacific Palisades, Ca.: Goodyear. 1971.

    • Monetary Problems of the International Economy, (educated with A. Swoboda), Chicago: University of Chicago Press, 1969.

    • Trade, Balance of Payments and Growth: Essays in Honor of C. P. Kindleberger (educated with J. Bhagwati, J.F. Jones, J. Vanek). Amsterdam: North-Holland Publishing Company, 1971.

    • Policy Formation in an Open Economy, (educated with B.E. van Snellenberg) Waterloo, Ontario: University of Waterloo, 1974.

    • The New International Monetary System, (educated with J.J. Polak). New York: Columbia University Press. 1978

    • A Monetary Agenda for the World Economy (educated with The Hon. Jack Kemp) Boston: Quantum. 1984.

    • Global Disequilibrium, (educated with J. McCallum and M. Baldassarri). London: MacMillan. 1992.

    • Debts, Deficits and Economic Performance, (educated with M. Baldassarri and J. McCallum) London: MacMillan. 1992.

    • Building the New Europe (educated with M. Baldassarre). London: MacMillan. 1993. Vols. I and The second.

    • Inflation and Growth in China (educated with M. Guitian). Washington, District of Columbia: International Monetary Fund 1996.

    • Inflation and Gold in the History of the International Monetary System. World Gold Council. 1999

    • The Euro and the World Economy. Ohlin Lectures (September 16-17, 1998). 1999


  • Fellow: American Academy Arts & Scis.; American Economic Association (Distinguished Fellow award 1997)


Charles Kindleberger

Rudi Dornbusch

Jacob Frenkel

Michael Mussa

Carmen Reinhart