دراسة اقتصادية قياسية لدالة الطلب على النقود باستعمال نموذج تصحيح الخطأ : دراسة حالة الجزائر للفترة (1970-2017)‎

Abstract EN

The aim of this article is to study the dynamic behavioral relationship in the long term, together with the knowledge of the strength of the crowd or the speed of correcting the imbalance in the short term from the long-term equilibrium situation.

Here we will conduct a standard study on the demand function in Algeria based on annual data for the period between (1970 and 2017), published by the Central Bank of Algeria, using the error correction model.

We will explain the behavior of the demand for money in Algeria based on the most important explanatory variables for this behavior according to the various economic theories.

The results obtained indicate that the demand for money in Algeria is affected by positive real GDP and the exchange rate and Discount rate is negative for the long term, as the speed of the imbalance of the system is estimated at 18.12 % annually.