![](/images/graphics-bg.png)
Taylor rule for the conduct of monetary policy: objectives in the case of Algeria
Other Title(s)
قاعدة تايلور لتحقيق أهداف السياسة النقدية: دراسة حالة الجزائر
Author
Source
Journal of Financial, Accounting and Managerial Studies
Issue
Vol. 9, Issue 1 (30 Jun. 2022), pp.168-178, 11 p.
Publisher
Université Larbi Ben M'hidi Oum El Bouaghi Laboratoire COFIFAS
Publication Date
2022-06-30
Country of Publication
Algeria
No. of Pages
11
Main Subjects
Banking and Financial Sciences
Topics
Abstract AR
تستهدف هذه الدراسة تحديد قاعدة تایلور لاستهداف التضخم في الجزائر باستخدام منهجية العزوم المعممة خلال الفترة 2003-2017 للتوصل الدراسة أن سعر الفائدة له أثر هامشي على التضخم وأن استهداف الضمني للتضخم يكون أكثر نفع لبلوغ أهداف السياسة النقدية في الجزائر.
Abstract EN
The goal of this study is to determine the optimal Taylor rule within inflation gap and GDP gap under inflation targeting in the case of Algeria through an empirical analysis using a GMM (generalized method of moments) upon quarterly data for the period 2003-2017.
results show that the impact of money market rate has a negligible effect on inflation and economic activity.
main findings and results of this paper argue that the implantation an implicit inflation targeting framework using Taylor rule have become more suitable to conduct and improving monetary policy performance.
American Psychological Association (APA)
Si Muhammad, Kamal. 2022. Taylor rule for the conduct of monetary policy: objectives in the case of Algeria. Journal of Financial, Accounting and Managerial Studies،Vol. 9, no. 1, pp.168-178.
https://search.emarefa.net/detail/BIM-1378708
Modern Language Association (MLA)
Si Muhammad, Kamal. Taylor rule for the conduct of monetary policy: objectives in the case of Algeria. Journal of Financial, Accounting and Managerial Studies Vol. 9, no. 1 (Jun. 2022), pp.168-178.
https://search.emarefa.net/detail/BIM-1378708
American Medical Association (AMA)
Si Muhammad, Kamal. Taylor rule for the conduct of monetary policy: objectives in the case of Algeria. Journal of Financial, Accounting and Managerial Studies. 2022. Vol. 9, no. 1, pp.168-178.
https://search.emarefa.net/detail/BIM-1378708
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references: p. 177-178
Record ID
BIM-1378708