المشكاة في الاقتصاد التنمية و القانون
Volume 1, Numéro 2, Pages 30-42

Disequilibrium Of The Real Exchange Rate In Algeria The Effectiveness Of The Parallel Exchange Rate

Authors : Faiza Si Mohammed . Yahia Haoulia .

Abstract

This study aims to measure the disequilibrium in the real exchange rate and the efficiencies of the parallel exchange rate through the study of the Algerian economy for the period from 1974 to 2012 and this by using a vector error correction model VECM, where the findings confirm the need for the approximation The real exchange rate of the equilibrium level, as well as the elimination of the parallel market .that it was confirmed by the results of the standard study

Keywords

real exchange rate equilibrium, disruption of the real exchange rate, effective of the parallel exchange rate, vector error correction model.