This study investigates the long-run and short-run impact of the parallel exchange rate on inflation in Algeria over the period 2000–2024. Using annual time-series data and the autoregressive distributed lag bounds testing approach, we estimate dynamic relationships while accommodating mixed integration orders. Results confirm cointegration between the variables, with a long-run elasticity of 0.43, indicating that a 1% depreciation in the parallel market raises inflation by 0.43 percentage points. The error-correction term of -0.32 indicates that approximately 32% of the disequilibrium is corrected annually. Diagnostic and sensitivity analyses, including Chow breakpoint tests and rolling-window estimates, validate the model's stability and robustness. The findings underscore the structural role of informal exchange rate dynamics in driving domestic price pressures, particularly following the 2014 oil price shock. Policymakers, central bankers, and researchers focused on macroeconomic stabilization in resource-dependent economies will find these results instrumental for designing exchange rate reforms, inflation-targeting frameworks, and structural diversification strategies aimed at reducing vulnerability to external shocks and informal market volatility.
This paper examines how economic downturns and currency movements affect the quality of bank loans in Central, Eastern, and Southeastern Europe, using annual data for 14 national banking systems over 2008–2023. We estimate a bias-corrected dynamic fixed-effects model, verify inference with Driscoll–Kraay, cluster-robus...
Ivana Miklošević, Andreja Todorović, Andrija Popović· Journal of Risk and Financia...· 0 citations
This paper examines whether depreciations and appreciations of the Iraqi dinar are transmitted to consumer-price inflation symmetrically or asymmetrically over the period 1990–2023, a sample that spans the sanctions-era hyperinflation (1990–2003), the post-reform stabilization (2003–2014), and the recent oil-shock and...
M. N. AL-Chaabawi, A. M. Tehranchian· Journal of Intelligent Decis...· 0 citations
This study analyses the short-run and long-run effects of monetary policy and other critical macroeconomic determinants on Lao's exchange rate, namely money supply, international reserves, real output growth, and domestic inflation, adding to the understanding of currency stabilization in a developing, dollarized, and...
This study investigates the effectiveness of monetary policy transmission in Algeria under post-COVID inflation dynamics during the period 2000–2024. The research aims to assess whether conventional monetary instruments, particularly interest-rate adjustments, are capable of stabilizing inflation in a resource-dependen...
This study investigates the short and long run impacts of macroeconomic variables inflation, the BI Rate, the USD/IDR exchange rate, and world gold prices on the Indonesian Composite Stock Price Index (IHSG). Utilizing 120 monthly observations from January 2016 to December 2025, this period accounts for severe market t...
Siti Syefira Salsabila, Al’an Falina Rizkya, Rizke Maulina et al.· Golden Ratio of Auditing Res...· 0 citations
This paper examines the impact of remittances on economic growth using quarterly time-series data and the Autoregressive Distributed Lag (ARDL) bounds testing approach. Given the mixed order of integration among the variables, the ARDL methodology is employed to investigate both short-run and long-run dynamics between...
Rilind Ademi, Bardhyl Dauti, Valon Ramadani et al.· Veredas do Direito· 0 citations
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