The monetary policy transmission mechanism evidence from the Algeria an SVAR approach

الملخص EN

The main purpose of this study is to investigate the transmission mechanism of monetary policy in algeria, The study uses the quarterly series, data covering the period of 2000 to 2018 Using, structural vector autoregression model (SVAR) to examine the transmission of the effects of monetary policy shock to the economy.

The results provides evidence that monetary policy shocks are transmitted to the algerian economy principally via broad money supply (m2) and the exchange rate channels.