التحليل المويجي للعلاقة بين أسعار النفط و التضخم في الجزائر

Abstract EN

The study aims to investigate the relationship between oil prices and inflation in Algeria during the period (January 1994- December 2019), using a wavelet analysis at different time-frequencies.

The results of the wavelet coherency analysis and phase difference indicate the existence of incomplete relationship in the short run at different periods between Algerian oil price (Saharan Blend) and consumer price index (CPI); whereas, there is no significant relationship in the long run between oil price shocks and consumer prices.