قناة الإقراض المصرفي كآلية لنقل أثر السياسة النقدية إلى القطاع الحقيقي : حالة الجزائر : دراسة قياسية خلال الفترة (2000-2018)‎

الملخص EN

This study aimed to evaluate the effectiveness of the bank lending channel as a mechanism for transferring the impact of monetary policy to both economic growth and inflation in Algeria for the period (2000-2018).

By forming a basic model of monetary mass, current GDP at current prices, and CPI as indicators of monetary policy, economic growth, and inflation, respectively and The model of the transition channel which consists of loans to the economy as an indicator of the bank lending channel and Using the VAR model The study concluded that the bank lending channel is ineffective in transferring the impact of monetary policy to both economic growth and inflation.