Exchange Rate Targeting Versus Inflation Targeting: Empirical Analysis of the Impact on Employment and Economic Growth
This paper analyses the effects of two alternative monetary strategies (exchange rate targeting and inflation targeting) on economic growth and employment. On the panel of 18 countries for the period from 1996 to 2013, I tested the hypothesis that countries in exchange rate targeting have a higher r...
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| Format: | Article |
| Language: | English |
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Sciendo
2020-05-01
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| Series: | Journal of Central Banking Theory and Practice |
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| Online Access: | https://doi.org/10.2478/jcbtp-2020-0014 |