MEKANISME TRANSMISI KEBIJAKAN MONETER INDONESIA DAN PENERAPAN INFLATION TARGETING
| Main Author: | Rahutami, Angelina Ika |
|---|---|
| Format: | Article PeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
STIE YKPN Yogyakarta
, 2004
|
| Subjects: | |
| Online Access: |
http://repository.unika.ac.id/14266/1/JAM_Vol_15_No_3_Desember_2004.pdf http://repository.unika.ac.id/14266/ |
| ctrlnum |
14266 |
|---|---|
| fullrecord |
<?xml version="1.0"?>
<dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><relation>http://repository.unika.ac.id/14266/</relation><title>MEKANISME TRANSMISI KEBIJAKAN MONETER INDONESIA DAN PENERAPAN INFLATION TARGETING</title><creator>Rahutami, Angelina Ika</creator><subject>Inflation</subject><subject>Macroeconomics</subject><description>The adoption of inflation target for Indonesia is a desirable option of monetary policy. This decision is induced by new system of exchange rate that is used of
Indonesia since August 1997. The economics and institutional pre-condition is required for the successful adoption of inflation targeting. The paper focuses on two issues. First, how is transmission mechanism of monetary policy? Second, is the dominant channel of transmission mechanism will support the inflation targeting adoption? Are the economics and institutional conditions ready for inflation targeting adoption? The quarterly Indonesia data for the 1981.1 – 2004.2 periods dan the Vector Autoregressions is used as data and method for transmission mechanism model. The
empirical results show that real exchange rate is a dominant channel of transmission mechanism. The shocks
of real exchange rate will influence output and inflation
immediately. The domestic interest rate shocks will affect the output and inflation weaker and slower then
real exchange rate shocks. The application of inflation
targeting in Indonesia still needs institutional and public commitment to improve the structural economy condition, policy coordination and some other technical
issues.</description><publisher>STIE YKPN Yogyakarta</publisher><date>2004-12</date><type>Journal:Article</type><type>PeerReview:PeerReviewed</type><type>Book:Book</type><language>eng</language><identifier>http://repository.unika.ac.id/14266/1/JAM_Vol_15_No_3_Desember_2004.pdf</identifier><identifier> Rahutami, Angelina Ika (2004) MEKANISME TRANSMISI KEBIJAKAN MONETER INDONESIA DAN PENERAPAN INFLATION TARGETING. Jurnal Akuntansi dan Manajemen. pp. 17-35. ISSN 0853-1269 </identifier><recordID>14266</recordID></dc>
|
| language |
eng |
| format |
Journal:Article Journal PeerReview:PeerReviewed PeerReview Book:Book Book |
| author |
Rahutami, Angelina Ika |
| title |
MEKANISME TRANSMISI KEBIJAKAN MONETER INDONESIA DAN PENERAPAN INFLATION TARGETING |
| publisher |
STIE YKPN Yogyakarta |
| publishDate |
2004 |
| topic |
Inflation Macroeconomics |
| url |
http://repository.unika.ac.id/14266/1/JAM_Vol_15_No_3_Desember_2004.pdf http://repository.unika.ac.id/14266/ |
| contents |
The adoption of inflation target for Indonesia is a desirable option of monetary policy. This decision is induced by new system of exchange rate that is used of
Indonesia since August 1997. The economics and institutional pre-condition is required for the successful adoption of inflation targeting. The paper focuses on two issues. First, how is transmission mechanism of monetary policy? Second, is the dominant channel of transmission mechanism will support the inflation targeting adoption? Are the economics and institutional conditions ready for inflation targeting adoption? The quarterly Indonesia data for the 1981.1 – 2004.2 periods dan the Vector Autoregressions is used as data and method for transmission mechanism model. The
empirical results show that real exchange rate is a dominant channel of transmission mechanism. The shocks
of real exchange rate will influence output and inflation
immediately. The domestic interest rate shocks will affect the output and inflation weaker and slower then
real exchange rate shocks. The application of inflation
targeting in Indonesia still needs institutional and public commitment to improve the structural economy condition, policy coordination and some other technical
issues. |
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IOS2679.14266 |
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Universitas Katolik Soegijapranata |
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334 |
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library:university library |
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Perpustakaan Universitas Katolik Soegijapranata |
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522 |
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Unika Repository |
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2679 |
| subject_area |
Akuntansi Arsitektur Ekonomi |
| city |
SEMARANG |
| province |
JAWA TENGAH |
| repoId |
IOS2679 |
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2017-07-10T07:09:13Z |
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2017-07-10T07:09:13Z |
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