تقدير دالة الطلب على النقود في الجزائر

Abstract

This study aims to estimate the money demand function in Algeria during the period from 1990 to 2024, using the Autoregressive Distributed Lag (ARDL) model. The study found that there is a long-term equilibrium relationship, and that real income positively affects real money demand with high statistical significance. Additionally, the exchange rate affects real money demand in a positive relationship, though with low statistical significance. The results also indicate that the money demand function in Algeria during this period is stable