Author:
MOBONDA Ricky MOLOKO,Y’ANGANDUA Jules Karl MBAY,SALAMA Thabita NAFISA,NYADRI Janvier EGUDRA,AMUNDE Francis ANYOLE,AKOMBOYO Senold TANDIA
Abstract
The Central Congolese Bank have to choice between optimal monetary policy and credible monetary policy in order to avoid intertemporal incoherences (inflation and stabilization bias) generated by deviations. The lack of good trend of growth is an evidence that the leading of monetary policy is non efficient.
This analysis with GMM thanks to the Barro and Gordon model prove that the conception and management of monetary policy is claimed in DRC.