Munich Personal RePEc Archive

La sensibilité de l'économie congolaise face aux chocs monétaire et budgétaire : une approche en modèle var standard

ASIANI, Freddy (2020): La sensibilité de l'économie congolaise face aux chocs monétaire et budgétaire : une approche en modèle var standard.

[img]
Preview
PDF
MPRA_paper_101255.pdf

Download (1MB) | Preview

Abstract

In this paper, we will analyze the sensitivity of economic activity to monetary and bugetary shocks in the Democratic Republic of the congo, based on a method of extracting the cycles of real activity, inflation, monetary and budgetary variables, a granger causality and an autoregressive vector methodology (var). in terms of analysis of macroeconomic policies in the Democratic Republic of Congo, taking into account the objectives and means defined for each policy, the results obtained show that monetary policy has difficulty in achieving its objectives of price stability, while budgetary policy was in deficit.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.