Robert A. Mundell
Born: 24 October 1932, Kingston, ON, Canada
Affiliation at the time of the award: Columbia University, New York, NY, USA
Prize motivation: "for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas"
Field: international macroeconomics
Contribution: Analysed international macroeconomic policy and demonstrated the importance of the exchange rate regime, and how barriers to migration and capital movements stimulate commodity trade.
Prize share: 1/1