الآثار الاقتصادية للسياسة النقدية على الاستقرار النقدي في الجزائر : دراسة اقتصادية قياسية للفترة 1990-2019

Abstract EN

Monetary policy is concerned with monetary variables and their effects on various aspects of society, and this research paper has attempted to highlight the economic impact of monetary policy tools represented in the size of the monetary mass, interest rate and exchange rate on monetary stability in Algeria during the period 1990-2019, using the ARDL model The study reached several results, the most important of which is the existence of a long-term relationship between monetary policy tools and the monetary stability coefficient in Algeria, and the study found a positive relationship between interest rates, the monetary mass and the monetary stability coefficient, and also the existence of an inverse relationship between exchange rates and this monetary stability coefficient in the short and long terms.

.