اختبار السببية و التكامل المشترك بين عرض النقود و سعر الصرف و التضخم في الجزائر للفترة (1990-2014)‎

الملخص EN

The importance of studying the dynamic relationship between money supply, exchange rate and inflation has a great impact on the macroeconomic balance of any country.

The study is tackled in two ways: The theoretical aspect of analyzing the evolution of these variables in Algeria during the period 1990-2014.This is crucial to the Algerian economy, during which it known as a transition period is marked by structural reforms.

an empirical study is also conducted in which we found that inflation in Algeria is affected by changes in money supply and exchange rate, through the results of the estimation of the long-term equilibrium relationship, and the error correction model, based on the two-stage Engel-Granger method and outputs of (EVIEWS8)software