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Diagnostic de la politique monétaire en Rép. Dém. Congo – Approche par l’Equilibre Général Dynamique Stochastique
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Diagnostic de la politique monétaire en Rép. Dém. Congo – Approche par l’Equilibre Général Dynamique Stochastique

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  • Tsasa Vangu, Jean-Paul Kimbambu

Abstract

Ce papier se propose d’analyse la dynamique de la politique monétaire en République démocratique du Congo (RDC), en adoptant une approche de modélisation par l’équilibre général dynamique stochastique (DSGE). Le modèle DSGE construit à cet effet considère trois relations macroéconomiques standards ; six catégories d’agents économiques ; trois types de rigidités nominales en plus des rigidités réelles introduites via les habitudes de consommation. Les résultats obtenus à l’issue de nos investigations révèle notamment, que l’écart de production est moins sensible aux variations du taux d’intérêt, ce qui réduit l’impact des effets réels des chocs de la politique monétaire sur la demande globale, et que par ailleurs, l’inflation courante pendant la décennie 2000 a été plus sensible à l’inflation future anticipée qu’à son niveau passé.

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  • Tsasa Vangu, Jean-Paul Kimbambu, 2014. "Diagnostic de la politique monétaire en Rép. Dém. Congo – Approche par l’Equilibre Général Dynamique Stochastique," Dynare Working Papers 38, CEPREMAP.
    • Handle: RePEc:cpm:dynare:038
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    More about this item

    Keywords

    DSGE; SVAR; Monetary policy;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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