Inflation targeting and macroeconomic performance since the Great Recession

andersena, thomas barnebeck; malchow-m�llerb, nikolaj; and nordvig, jens;

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.