Tunisia Monetary Policy Since the Arab Spring : The Fall of the Exchange Rate Anchor and Rise of Inflation Targeting /

In this paper, we argue that inflation targeting could be the future of Tunisia's monetary policy. Monetary targeting has proven to be ineffective due to the composition of reserve money, structural liquidity deficit, and higher instability of the money multiplier after 2010. Exchange rate targ...

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Detalles Bibliográficos
Autor Principal: End, Nicolas
Outros autores: El Hamiani Khatat, Mariam, Kolsi, Rym
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/167
Acceso en liña:Full text available on IMF