Rose, Andrew K.; Mihov, Ilian - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-13, pp. 1-24
We compare the duration and performance of different monetary regimes, especially the contrast between countries those that fix exchange rates and those that target inflation. Inflation targeting is a more durable policy; no country has yet been forced to abandon an inflation target, while many...