DOAJ Open Access 2023

Monetary Policy Rule and its Performance under Inflation Targeting in Algeria

Azzedine CHEDDAD Mohammed MEKIDICHE

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Abstrak

The aim of this study is to reassess the efficacy of inflation targeting in Algeria by utilizing the Autoregressive Distributed Lag Bound Test (ARDL) model to analyze the Taylor rules. Our findings reveal that the implementation of inflation targeting in Algeria's monetary policy does not yield a significant immediate impact on inflation. Nonetheless, there is evidence of a gradual adjustment towards attaining the targeted inflation rate over time.

Topik & Kata Kunci

Commercial geography. Economic geography Marketing. Distribution of products

Penulis (2)

Azzedine CHEDDAD

Mohammed MEKIDICHE

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CHEDDAD, A., MEKIDICHE, M. (2023). Monetary Policy Rule and its Performance under Inflation Targeting in Algeria. https://ijep.dz/index.php/IJEP/article/view/25

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Informasi Jurnal

Tahun Terbit: 2023
Sumber Database: DOAJ
Akses: Open Access ✓