Inflation targeting and macroeconomic performance since the Great Recession

被引:11
作者
Andersen, Thomas Barnebeck [1 ]
Malchow-Moller, Nikolaj [1 ]
Nordvig, Jens [2 ]
机构
[1] Univ Southern Denmark, Dept Econ & Business, DK-5230 Odense M, Denmark
[2] Nomura Securities, Fixed Income Res Amer, Tokyo, Japan
来源
OXFORD ECONOMIC PAPERS-NEW SERIES | 2015年 / 67卷 / 03期
关键词
ECONOMIES; REGIMES;
D O I
10.1093/oep/gpv024
中图分类号
F [经济];
学科分类号
02 ;
摘要
Has inflation targeting (IT) conferred benefits in terms of economic growth on countries that followed this particular monetary policy strategy during the crisis period 2007-13? We answer this question in the affirmative. Countries with an IT monetary regime weathered the crisis much better than did countries with other monetary regimes, particularly countries with fixed exchange rates.
引用
收藏
页码:598 / 613
页数:16
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