Rose, Andrew K.; Mihov, Ilian - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-13, pp. 1-24
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 have abandoned fixed exchange rates. Indeed, even though inflation … targeting began only in 1990, the duration of inflation targeting regimes is at least as long as, or longer than all alternative …