@article{oai:chuo-u.repo.nii.ac.jp:02000229, author = {藤原,秀夫 and フジワラ,ヒデオ and FUJIWARA,Hideo}, journal = {企業研究}, month = {Aug}, note = {application/pdf, The ultimate purpose of this paper is to integrate R. Mundell=J. Fleming Model with J. Tayler=D. Romar Model in the framework of open macro economy. The model of the former change to the new Keynesian model without LM Curve through the integration. The model of the latter, being different before integration, change to the new Keynesian model with the Mundell=Fleming proposition on monetary and fiscal policy. These are main conclusions and the contribution of the paper. In order to integrate these models, the solution about the ambiguity problem on the expected rate of change of nominal exchange rate in MF model is required. There are two model in MF model. One model assumes this expected rate of exchange as the exogenous variables. The home country’s nominal interest rate, therefore, is determined by this exogenous variable. The other model assumes this expected rate of change as the endogenous variables. The integration of the former into TR model is impossible but in the latter model, it is possible. Why? The only reason exists in Tayler rule. We must remember the interest is determined by Tayler rule.}, pages = {33--60}, title = {名目利子率及び名目為替相場の相互依存に関する両義性とLM 曲線のないマンデル=フレミング・モデル : マンデル=フレミングモデルのテイラー=ローマーモデルへの統合試論}, volume = {43}, year = {2023} }