فعالية السياسة النقدية في استهداف التضخم : دراسة لحالة الجزائر للفترة (1990-2019)‎

Abstract EN

This study aimed to analyze the effectiveness of monetary policy in targeting inflation in Algeria during the period (1990-2019), through the theoretical side of monetary policy and the targeting of inflation and previous studies, and using the Auto regression of Distributed Time Gaps (ARDL) model, the study found a positive effect Significant effect of the discount rate on the long and short term inflation rate, and the presence of '' an insignificant negative effect of the exchange rate of the dinar against the dollar on the long and short-term inflation rate, presence of an insignificant positive effect both for the growth rate of the broad money supply and for the growth rate GDP depends on the long and short-term inflation rate