محددات التضخم في الجزائر : دراسة قياسية باستعمال نماذج متجهات الانحدار الذاتي التعدد الهيكلية SVAR 1970-2012

Abstract EN

This paper diagnoses the determinants of inflation in Algeria’s economy during 1970- 2012, using a Structural Vector Autoregression (SVAR) model, Impulse response functions and Variance decomposition.

The study showed that in a mixed model general of the inflation includes: monetary variables (money supply, interest rate, exchange rate), and real variables (GDP, wages bill, expenditures, fiscal revenue, imports), show that the wages bill, imported goods prices, GDP, money supply and the expenditures are the driving factors of inflation in the short run.

Factors affecting prices in the long and medium run are the money supply, prices of imports, wages bill and the fiscal revenue.