أبعاد إقتصادية
Volume 12, Numéro 2, Pages 392-407
2022-12-30
The Impact Of Unconventional Monetary Policy On Inflation In Algeria- An Empirical Study By Applying The Ardl Model
Authors : Zahaf Youcef . Chibi Abderrahim .
Abstract
This paper aimed to study the unconventional monetary policy and its possible effects on inflation in Algeria during the period 01-2016 to 07-2021, which knew the application of unconventional financing in Algeria in response to the remnants of the 2014 crisis. The study was carried out in a standard analytical way based on the ARDL model .The most important results were that the national economy was not affected much on the inflation side when applying the unconventional financing policy, but it was affected by a small percentage due to the rising of inflation for various reasons and not only the increase in the monetary mass.
Keywords
unconventional monetary policy ; inflation ; ARDL ; Algerian economy ; financing
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