فعالية السياسة النقدية على مستويات التضخم في الجزائر -دراسة قياسية باستخدام نموذج Ardl للفترة (2000-2017)-

Abstract

The purpose of this study is to highlight the inflation in the Algerian economy for the period 2000-2017 by identifying the impact of the effectiveness of monetary policy indicators in addressing this phenomenon. To achieve this endeavor, the economic measurement program EViews was used to estimate the model and reveal the existence of a common integration between indicators Monetary policy and inflation levels according to the boundary approach, in addition to estimating that relationship in the short and long term using the ARDL model. The study concluded that monetary policy indicators represented by quantitative instruments, reporting channels, interest rate channel and exchange rate channel have a long-term equilibrium relationship with inflation levels in Algeria