Tunisia has been undertaking reforms of its financial sector as part of broader macroeconomic adjustment program and structural reform since 1987. We aim, in this paper, at studying the reform consequences through the money demand function analysis. It is shown that this function was stable,...

The linkage between monetary policy decisions and stock market performance is an important topic. Having reliable estimates of the reaction of asset prices to the policy instrument helps understanding and assessing the stock market channel for monetary policy transmission. The availability of...