استجابة السياسة النقدية لتقلبات أسعار النفط في الجزائر : دراسة قياسية للفترة 1990- 2020

Abstract EN

The main objective of this research to evaluate the response of monetary policy to oil price shocks in Algeria during 1990 - 2020, from the influence of principle key indicators of monetary stability, oil price shocks, inflation and the interest rates using quantitatives tools represented by money supply and discounte rate using the regression model vector auto-regressive (VAR).

The result indicate that thereis an indirect rate using the regression model vector auto-regressive (VAR).

The result indicate that thereis an indirect economy, and the government's decision to abolish subsidies on petroleum products and bring domestic oil prices closer to world prices is significant in the implications for monetary policy.