Revue algérienne d'économie et gestion
Volume 15, Numéro 1, Pages 833-850
2021-06-30
La Relation Entre Les Déficits Budgétaires Et Le Taux De Change Nominal Suite à Des Chocs Extérieurs Négatifs. Témoignages En Provenance D’algérie
Authors : Lalali Rachid . Zidelkhil Abdelhalim .
Abstract
The paper empirically explores the relationship between the nominal exchange rate “USD/DZD” and two variables such as “Foreign exchange reserves and the budget balance” in Algeria, using a VAR modelisation on annual time series data for the period of 1967 to 2017. The empirical findings show that there is a significant negative short-run relationship between the exchange rate and respectively budget balance and the level of exchange reserves. Even if the exchange rate is determinated by the bank of Algeria, our study advances the fact, that it could have budgetary causes.
Keywords
Budget deficit ; devaluation ; nominal exchange rate
Les articles similaires
امحمد بن البار
.
علي سنوسي
.
ص 156-181.
Benadda Mokhtaria
.
pages 117-138.
Hamidi Khaled
.
pages 249-260.
Zidelkhil Halim
.
Mouhoubi Aissa
.
pages 204-218.
Kouam Jean Cédric
.
pages 108-128.
