محددات الطلب النقدي في الجزائر - دراسة قياسية وتحليلية خلال 1990-2020

Abstract

This study came to know the determinants of monetary demand in Algeria during the period 2020-1990, and to reach the problem posed, we relied on the methodology of joint integration and response functions, and the results obtained indicated the existence of a long-term relationship, as monetary demand is positively affected Real GDP and the inflation rate, and negatively the interest rate. As for the short term, depending on the response functions, the results indicated that the monetary demand is positively affected by the real output and negatively affected by the rate of inflation and interest.