مجلة النمو الاقتصادي والمقاولاتية
Volume 7, Numéro 3, Pages 48-68
2024-12-11

The Importance Of Monetary Policy Tools In Controlling Inflation Trends In Algeria During The Period 1990-2023 A Standard Study Using Ardl Models

Authors : Korichi Mohamed Lakhdar . Silvie Jarennias .

Abstract

This study focuses on assessing the impact of monetary policy tools, specifically the legal reserve and rediscount rates, on inflation in Algeria. It aims to estimate the long-term equilibrium relationship using the Autoregressive Distributed Lag (ARDL) model methodology. The findings indicate that the rediscount rate is more effective in controlling inflationary trends in Algeria over the long term.

Keywords

Inflation Targeting ; Price Stability ; ARDL Models ; Monetary Policy Tools