Inflation-targeting, flexible exchange rates and macroeconomic performance since the Great Recession
"Has inflation targeting (IT) conferred benefits in terms of economic growth on countries that followed this particular monetary policy strategy during the crisis period 2007-12? This paper answers this question in the affirmative. Countries with an IT monetary regime with flexible exchange rat...
| Main Authors: | , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Brussels
2014
CEPS |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19117532124919357149-inflation-targeting,-flexible-.htm |
| Summary: | "Has inflation targeting (IT) conferred benefits in terms of economic growth on countries that followed this particular monetary policy strategy during the crisis period 2007-12? This paper answers this question in the affirmative. Countries with an IT monetary regime with flexible exchange rates weathered the crisis much better than countries with other monetary regimes, predominantly countries with fixed exchange rates." |
|---|---|
| Physical Description: | 25 p. Digital |