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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Bibliografische gegevens
Hoofdauteur: End, Nicolas
Andere auteurs: El Hamiani Khatat, Mariam, Kolsi, Rym
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2020.
Reeks:IMF Working Papers; Working Paper ; No. 2020/167
Online toegang:Full text available on IMF