(جامعة الوادي - University of Eloued, 2023-06-30) خضير, سفيان; غميمة, مصطفى
This study seeks to highlight the effectiveness of monetary policy in targeting inflation in
Algeria during the period (1990-2020), by clarifying the theoretical aspect of both monetary policy
and inflation targeting policy for the purpose of introducing its generalities ARDL.
The study concluded that there is a positive and significant effect of the rediscount rate on the
inflation rate in the long and short term, in addition to a positive and insignificant effect of the
money supply growth factor in the broad sense on the inflation rate in the long and short term
