Hard currency inflows and sterilization policy in Algeria: An ARDL approach

Hard currency inflows and sterilization policy in Algeria: An ARDL approach

This paper aims to explore to what degree the Algerian Bank sterilized hard currency inflows using monthly data covering the period January 2002-December 2016, by estimating a sterilization coefficient in both long and short run terms using and ARDL approach, and also by applying a TYDL Granger caus...

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Bibliographic Details
Main Authors: Aissa DJEDAIET, Hicham AYAD
Format: Article
Language:English
Published: General Association of Economists from Romania 2017-09-01
Series:Theoretical and Applied Economics
Subjects:
hard currency inflows
sterilization policy
sterilization coefficient
ARDL
Online Access: http://store.ectap.ro/articole/1296.pdf

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