Dynamic and Causal Relationship Between the Monetary Mass, the Exchange Rate and Inflation in Algeria During (1990-2014)
Journal Title: مجلة الزرقاء للبحوث والدراسات الإنسانية - Year 2018, Vol 18, Issue 1
Abstract
The importance of studying the dynamic relationship between money supply, exchange rate and inflation has a great impact on the macroeconomic balance of any country. The study is tackled in two ways: The theoretical aspect of analyzing the evolution of these variables in Algeria during the period 1990-2014.This is crucial to the Algerian economy, during which it known as a transition period is marked by structural reforms. an empirical study is also conducted in which we found that inflation in Algeria is affected by changes in money supply and exchange rate, through the results of the estimation of the long-term equilibrium relationship, and the error correction model, based on the two-stage Engel-Granger method and outputs of (EVIEWS8)software
Authors and Affiliations
Said Brika, Fouzi Choug, Soundous Chaibainou
Keywords
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