مدى استجابة معدلات الفائدة للتجزئة للتغيرات في معدلات الفائدة الرئيسية لبنك الجزائر : دراسة قياسية للفترة من (1990-2017)‎

الملخص EN

The objective of this research paper is to assess the extent to which interest rates of commercial banks react to changes in interest rates of the Bank of Algeria during a period marked by financial liberalization and increased interest in financial intermediation.

Using the error correction model (ECM) and quarterly data covering the first trimester from 1990 to the fourth trimester from 2017.The results of this study indicated that the response of interest rates on loans and deposits to changes in interest rates of the Bank of Algeria was low in the short term, and sometimes incomplete in the long term, which indicates that There is a stagnation in the speed and the degree of response can be attributed to the characteristics of the Algerian banking and financial system