مسانذة السياسة النقدية في معالجة البطالة في الجزائر

Abstract

The study of the subject of monetary policy and its impact on unemployment was the subject of interest and discussion of great researchers and scholars in the economic and monetary field, at the theoretical and applied level, at the theoretical level, we find that the various economic theories have been interested in analyzing this topic, as monetary policy has received the attention of many economic thought leaders due to the role it plays at the level of economic policy and achieving macroeconomic balances as well as the issue of unemployment. This study aims to highlight the role of monetary policy in addressing unemployment in Algeria during the period 1991-2021, where we relied on two models: Johansson's simultaneous integration model and the VAR model, which allowed us to measure the impact of monetary policy on unemployment109 rates by estimating parameters in the short and long term. The results showed that unemployment rates are affected by weak rates in the short term and that there is no long-term equilibrium relationship between the variables during the study period, which confirms the weakness of monetary policy in affecting unemployment and this is consistent with the reality of the national economy because monetary policy and its objectives did not give great importance to employment levels in the labor market