فروقات الأسعار و أثر المتغيرات النقدية لتحديد سعر الصرف : حالة الاقتصاد الجزائري

Abstract EN

The main objective of this paper is to test the differences in inflation and to study and evaluate the strength of the monetary variables and the behavior of the Algerian dinar for the period (1970-2018).

The results of the study showed that the coefficients of the INFD variables for Algeria and INFUSA inflation rate The foreigner is in terms of significance close to the values provided by economic theory + 1 and -1, And it is implicit that the differences in inflation in Algeria did not play a role in terms of significance in the definition of exchange rate policy.

By applying the monetary model, the results proved that the real exchange rate of the Algerian dinar is affected by monetary shocks and real shocks at very strong rates of cash supply.

The nominal will have to ignore the decline in value whatever the economic growth rate, where the impact on the Algerian dinar reduced in the lax phase of monetary policy.