Andersson, Fredrik N. G.; Jonung, Lars - In: The 2008 global financial crisis in retrospect : causes …, (pp. 349-369). 2019
Fredrik Andersson and Lars Jonung describe Iceland's economy and list the possible currency regimes. They ask which is … the best monetary policy regime for Iceland and conclude that a flexible exchange rate with an inflation target can be … ruled out because such a system has served as a shock amplifier. They find that Iceland can only maintain a domestic …