آثار صدمات السياسة المالية على الأسعار في الجزائر : دراسة قياسية للفترة 1970-2015 باستعمال نماذج SVAR

Abstract EN

In this paper we use SVAR methodology to analyze short-term and long term effects of fiscal policy on price levels in Algeria, We use annual data covering the period 1970-2015, The results suggest that the effects of government expenditure shocks and the shock of government revenues are relatively lowest on price levels.

A tax shock in the short term increases the price, while spending shock leads to a reverse effect, the short-term and medium term effect of fiscal shocks on price levels is volatile and in the long term also negligible, The results of variance decomposition for price show that The relative importance of the government expenditure is high compared to government revenues in explaining the volatility of prices in the short and medium term