Munich Personal RePEc Archive

Essai d’estimation de la fonction de réaction de Bank Al-Maghrib

lahlou, kamal (2009): Essai d’estimation de la fonction de réaction de Bank Al-Maghrib. Published in: Ecole académique des sciences et techniques collège études stratégiques et développement économique , Vol. 1, No. Actes de l'école académique 2010 (2012): pp. 95-122.

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Abstract

The objective of this paper is the estimation of the Cenral Bank of Morocco reaction function. Several specifications were tested to finaly retain a dynamic forwad looking rule estimated by the method of generalized moments and considering imported inflation.

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