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Monetary policy in the Maghreb countries

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Product Code: 9786204075211
ISBN13: 9786204075211
Condition: New
$59.29

Monetary policy in the Maghreb countries

$59.29
 
The contribution of this book is to study theoretically and empirically the transmission mechanisms of monetary policy in the Maghreb countries. Based on a VAR model, estimates for the period 1995-2017 show heterogeneity in some monetary policy transmission channels in the three Maghreb countries in our sample. Thus, the determining role of the money supply channel for Tunisia, no transmission channel seems to be really powerful for Algeria and an active role of the exchange rate only in Morocco should be highlighted. The empirical results show that the stability of the exchange rate regime in the Maghreb countries must be associated with a relatively efficient macroeconomic environment and a sound and solid banking system.


Author: Saoussen Ouhibi
Publisher: Our Knowledge Publishing
Publication Date: Sep 10, 2021
Number of Pages: 92 pages
Binding: Paperback or Softback
ISBN-10: 6204075217
ISBN-13: 9786204075211
 

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