University of Tehran Iranian Economic Review 1026-6542 23 1 2019 01 01 The Interactions between the Lending Rates, Deposit Rates and Money Market Rates 163 189 69104 10.22059/ier.2018.69104 EN Manel Mansour University of Sousse, Susah, Tunisia Asma Sghaier LaMIDED, University of Sousse, Susah, Tunisia Boutheina Bannour University of Sousse, Susah, Tunisia Sami Ben Jabeur IPAG Business School, Paris, France Journal Article 2017 12 15 T he present paper investigates the impact of the financial crisis on the interaction between the lending rates, deposit rates and money market rates through the process of retail bank interest rate pass-through in the countries of the Euro area. Among our findings is the heterogeneity of bank rate adjustments across sectors, loans and deposits. That was mainly marked during the pre-crisis period by a complete or high long-term pass-through for deposit rates and incomplete for lending rates. However, in the post-crisis period, the degree of pass-through dropped for all bank rates. In addition, we see that the bank rates have become more rigid due to market turbulence since the speed of adjustment towards equilibrium slowed down significantly. Finally, the results show that there is an interdependence of banks' decisions on lending rates as well as deposit rates. It is thus a valuable input in the transmission mechanism of monetary policy.   https://ier.ut.ac.ir/article_69104_32a210b67228f0419f1ee35e176cb83f.pdf