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

The sensitivity of the congolese economy to monetary and budgetary shocks: a standard var model approach

Freddy Asiani ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Congolese economy; standard var model; monetary policy; fiscal policy; economic growth; causality; impulse reponse (search for similar items in EconPapers)
JEL-codes: E01 E22 E23 E62 (search for similar items in EconPapers)
Date: 2020-06-20
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/101255/1/MPRA_paper_101255.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:101255

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().