The Dynamic Stochastic General Equilibrium Model for the Monetary Policy Analysis in Tunisia

Authors

  • Abdelli Soulaima

Keywords:

inflation targeting, monetary policy, dsge, bayesian estimation

Abstract

The paper is aimed to the behaviour analysis of the Tunisian economy with inflation trageting regime represented by a New Keynesian dynamic stochastic general equilibrium model This model is employed as a macroeconomic method of modelization to analyze this policy estimated with the Bayesian technique in a response to many exogenous shocks The paper tests the model s proprieties on recent Tunisian data Moreover it shows the monetary policy transmission mechanism The model seems to give a satisfactory approximation of the Tunisian economy behaviour The ultimate goal of the model is to be used in simulation exercises policy advice and forecasting at the Bank ofTunisia

How to Cite

Abdelli Soulaima. (2015). The Dynamic Stochastic General Equilibrium Model for the Monetary Policy Analysis in Tunisia. Global Journal of Human-Social Science, 15(E3), 9–21. Retrieved from https://socialscienceresearch.org/index.php/GJHSS/article/view/1416

The Dynamic Stochastic General Equilibrium Model for the Monetary Policy Analysis in Tunisia

Published

2015-03-15