Economics, Econometrics and Finance
5 years ago

Tunisia's Central Bank urged to adjust monetary policy targets for stability.

IMF Working Paper
Broad Money Demand and Monetary Policy in Tunisia
Volker Treichel

Paper Summary

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The article explores how monetary policy in Tunisia can be improved by studying money demand. It suggests that the Tunisian Central Bank should adjust its income elasticity and target monetary growth differently. The study also recommends using interest rates and reserve money as key targets for monetary policy.