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Monetary policy in the Maghreb countries

Name: Monetary policy in the Maghreb countries
Brand: Our Knowledge Publishing
SKU: 37143124
Price: 42.69 EUR
Availability: InStock
Author: Saoussen Ouhibi
ISBN: 9786204075211

Saoussen Ouhibi

Lingua

Inglese

Libro In brossura

Codice Libristo: 37143124

Casa editrice Our Knowledge Publishing, settembre 2021

The contribution of this book is to study theoretically and empirically the transmission mechanisms... Descrizione completa

Codice Libristo: 37143124

104 b

42.69 €

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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.