Levin, Andrew T. (contributor); … - 2003 - [Elektronische Ressource], rev
finds that U.K. and U.S. inflation had no persistence during the metallic-
standard era (prior to 1914), maximum persistence … considered here, however, the appropriate break date is not
necessarily obvious. During the first half of the 1990s, inflation-targeting … strong even for the United States, which did not adopt
explicit inflation targeting or join a currency union during the 1990 …