تطبيق قاعدة تايلور على الاقتصاد الجزائري 2003-2014

الملخص EN

This paper aims at clarifying the application of the Taylor rule to the Algerian economy during the period 2003-2014; using tripartite data and Generalized Moment Method GMM.

In this study.

We found that the interest rate is inefficient to collect funds in the Algerian economy, in addition to the lack of necessary supervision in the demand for money and non-stability.

We also concluded that Taylor's rule could not be applied according to these data due to the reaction of the Algerian monetary policy.

Key words: Taylor Rule; Generalized Moment Method GMM; The Algerian economy